Why the dollar just had its worst week in 8 months despite Trump’s pivot on tariffs
Yahoo Finance·2026-01-23 21:51
The U.S. dollar failed to rebound after this week’s tumult despite a broader market bounce. - Getty Images There’s plenty for investors to like about the market’s rebound off this week’s lows — just don’t look at the U.S. dollar. While stocks and Treasurys put in a partial recovery after President Trump’s pivot on Greenland, the greenback struggled to keep pace and booked its worst week in eight months. Most Read from MarketWatch The ICE U.S. Dollar Index DXY, a measure of the greenback’s value agains ...