Donald Trump has criticized the BRICS economic alliance, accusing it of attempting to undermine the dominance of the U.S. dollar. He threatened to impose a 10% tariff on member nations—Brazil, Russia,

While no unified currency has emerged, BRICS expansion into Africa, Asia, and Latin America has shifted increasing volumes of trade out of the dollar’s reach. Some central banks are trimming their holdings of U.

The Bank of England has asked some lenders to test their resilience to potential U.S. dollar shocks, three sources said, the latest sign of how the Trump administration's policies are eroding trust in the U.

“’Short US dollar’ is the most crowded trade for the first time in FMS history (per 34% of investors),” the report stated, replacing a three-month run for “long gold” and a near two-year run for “long Magnificent 7.” Write to Martin Baccardax at [email protected]

It seemed that nothing could end the U.S. currency’s reign as the “safe-haven” for financial markets. Then came the Trump tariffs.

The dollar lost value following news that President Trump told lawmakers he will likely try to oust Federal Reserve Chair Jerome Powell. The U.S. Dollar Index, which measures the greenback against a basket of currencies including the Euro and yen,

Emerging-market governments and companies are rushing into the euro bond market faster than they have in over a decade, according to Bloomberg. With the dollar down nearly 8% this year and Trump’s return to the White House fueling uncertainty around tariffs and US economic policy,

The U.S. dollar slipped on Friday but held onto weekly gains, as investors weighed signs that tariffs may be starting to increase some inflation pressures along with expected Federal Reserve policy as U.