Dollar Continues Downward Trend Against Major Currencies

The dollar’s downward trend persisted today, falling against the Euro, Yen, and British Pound. This decline is attributed to ongoing worries regarding the United States’ substantial trade deficit.

Furthermore, expectations that the Federal Reserve will maintain current interest rates have contributed to the dollar’s weakness. Currency analysts suggest that the dollar is likely to remain vulnerable in the near future, given the prevailing economic climate.

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