Dollar slides to decade-low vs Swiss franc as US assets selloff

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The story "Dollar slides to decade-low vs Swiss franc as US assets selloff" was covered 2 weeks ago by The Star, a news publisher based in Malaysia.

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The Star 2w ago

Dollar slides to decade-low vs Swiss franc as US assets selloff - The Star

Quick Summary:

TOKYO: The dollar slumped on Friday as waning confidence in the U.S.economy prompted investors to ditch U.S.assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.

The on-again, off-again approach has baffled world leaders and spooked business executives, who say the uncertainty has made it difficult to forecast market conditions.

Trump, though, later indicated that the near-panic in markets that had unfolded since his April 2 "Liberation Day" tariff announcements had factored into his thinking.