The US dollar has fallen to its lowest level in three years as concerns mount over potential tariffs and a weakening economic outlook. The Bloomberg Dollar Spot Index dropped by as much as 0.8% on Thursday, reaching its weakest point since April 2022. The euro rose to its highest level since 2021, while the British pound hit a three-year high. All Group of 10 currencies gained against the dollar. Inflation data further fueled expectations of potential interest rate cuts.
— new from Bloomberg
