The dollar is drowned to the lowest level in the three -year level of Trump’s introductory threat

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The latest commercial threats by Donald Trump pushed the dollar to his lowest level in three years on Thursday, as increasing fears of trade and political geography accumulated about the new pressure on the currency.

the dollar It was dragged after US President The correspondents told that he would send messages to commercial partners who determine the prices of new tariffs in the next two weeks, with the end of the 90 -day stopping on the so -called “mutual” fees next month.

Greenback decreased by 0.8 percent against a basket of its commercial partners, including the pound and the euro. This step means that the currency has exceeded the minimum it struck in the wake of the “Tahrir Day” tariff in Trump in early April and its weakest level since March 2022.

“Trump’s comment certainly indicates the renewal of the escalation of commercial tensions before the official date date,” said Derek Halbini, a MUFG analyst, said.

Investors were also digesting a trade truce between us and China Declare On Wednesday, increasing tensions between the United States, Israel and Iran, with the Trump administration, Ma’oa Military Individuals, to leave the Middle East.

“We will see what is happening,” Trump told reporters on Wednesday. “They (Iran) cannot have a nuclear weapon, very simple.”

Although commercial tensions have continued to influence the dollar, the shares have since recovered from April, with the S& P 500 index closed at another level in recent days.

Futures markets indicated a 0.5 percent chip for the promotion of Wall Street on Thursday. The shares also decreased in Europe, as Stoxx Europe 600 decreased by 0.5 percent.

Analysts from Deutsche Bank suggested that some dollar’s move on Thursday could be to the news, It was revealed by FTThe American Pentagon was reviewing the 2021 submarine deal with the United Kingdom and Australia.

“Reporting that the United States re -evaluates its participation in the AUKUS Defense Agreement is very related to dollars, in our opinion.”

He said: “The weakest geopolitical alignment between the United States and its allies undermines US flows,” adding that Australian investors have already raised the case at meetings on Thursday morning.

The inflation data in the US low expected on Wednesday and Thursday may be born in dollars by opening the door for discounts the fastest interest rate by the Federal Reserve. Futures markets are fully priced in a quarter of a points discounts from the Federal Reserve this year.

In contrast, the European Central Bank references last week that it may be close to the end of the price cutting cycle has pushed the euro up. It increased by 1.2 percent to $ 1.162 against the dollar, and its strongest level since November 2021.

The movements have multiplied a slice of dollars, which decreased about 10 percent this year as an economic disturbance about the mix of trade war with fears of the growing budget deficit and signs that some investors reduce their exposure to American assets. The budget item that allows the government to raise taxes on foreign investments added to the lock.

“Foreigners sell every gathering in the dollar to political chaos, enlarged debts and other threats to their investments,” said Trevor Gresham, head of multiple assets in Royal London Asset Management.

“The weakness in Greenback” has more space for operation. ” “The shift away from the exceptional in the United States pushes the risk premium in the United States to the top and proves the value of the dollar.”