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Weakening US dollar reflects declining investor confidence amid trade war
Amidst global market chaos, the US dollar fell to a three-year low against the euro last week, driven by investor concern over US trade policies and the increased risk of recession, with Goldman Sachs and JP Morgan forecasting a 45% and 60% chance of a US recession within a year.
Weakening US dollar reflects declining investor confidence amid trade war
Amidst global market chaos, the US dollar fell to a three-year low against the euro last week, driven by investor concern over US trade policies and the increased risk of recession, with Goldman Sachs and JP Morgan forecasting a 45% and 60% chance of a US recession within a year.
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