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Barchart
Barchart
Rich Asplund

Dollar Sinks on US Fiscal and Political Risks

The dollar index (DXY00) tumbled to a nearly 4-year low on Tuesday and finished down by -0.86%.

The dollar retreated on Tuesday and has continued to be undercut as foreign investors pull capital from the US amid political risks.  The markets remain nervous about Greenland, even though Mr. Trump said last Wednesday that there was a framework agreement for increased US access to Greenland and that he would not invade Greenland by military force. 

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