once again turned bearish
The U.S. dollar has been weakening continuously recently. On July 1, the USD Index dipped to a low of 96.37, the lowest level since late February 2022. The index slightly rebounded on July 2, yet on the next day, it once again turned bearish, dropping by 0.10% to 96.69, still below 97. In the first half of this year, the USD Index fell by a cumulative 10.8%, marking its worst half-year performance in over half a century. According to reports, the last time the dollar saw such a significant depreciation was in the first half of 1973, with a drop of 14.8%. Analysts suggest that the uncertainty surrounding the Trump administration’s trade and tariff policies สล็อต