Dollar Set for Biggest Weekly Drop Since June Last Year

Odaily News The US Dollar Index (DXY) is poised for a weekly decline of up to 1%, marking its largest weekly drop since June 2025. This follows investor unease triggered by Trump's threats regarding Greenland and his subsequent sudden reversal. Thierry Wizman, Global FX and Rates Strategist at Macquarie Group, stated, "While the Greenland agreement addresses the immediate issues of tariffs and invasion, it does not resolve the core problem of apparent mutual alienation among allies." (Jin10)