Dollar Slips on President Trump's Nomination for Fed Governor

Source: NASDAQ Stocks | Published: August 8, 2025, 4:13 pm | Read Original

Optimistic 26.0

The dollar index (DXY00 ) today is down by -0.22%. The dollar is weaker today but remains above Thursday's 1.5-week low. The dollar is being undercut today from strength in stocks, which reduces liquidity demand for the dollar. The dollar is also under pressure afterPresident Trump late Thursday nominated Stephen...

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