Market News
Dollar has lost some of its safe-haven status, ING report says - REUTERS
LONDON, Feb 23 (Reuters) - The dollar has lost some, but not all, of its safe-haven value since 2024, ING said in note on Monday, adding however, that it saw no broad deterioration in global demand for the US currency.
The dollar index shed almost 10% of its value last year, in its worst annual performance since 2017. Erratic U.S. trade policy, U.S. President Donald Trump's tariff threats towards allies and attacks on the Federal Reserve have weighed on the currency.
