The U.S. dollar resumed its decline on Wednesday, falling broadly against major currencies such as the Swiss franc and the euro, as renewed tensions over American tariffs weighed on investor confidence.
The greenback has been rattled by weeks of uncertainty over the U.S.’s shifting trade policy — from tariff threats to implementation, then suspension — fueling global market volatility.
In recent trading, the dollar dropped 1.2% against the Swiss franc to 0.8137 — nearing a 10-year low — and slipped 0.8% against the yen to 142.1, its weakest level in seven months.