Story perspectives
U.S. Dollar Dips as Global Currency Dynamics Shift
10/2/2025
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Story summary
- The U.S. dollar weakened due to President Donald J. Trump's tariffs and policies.
- The dollar’s global reserve share fell to 56.32%, while the yuan and Australian dollar rose.
- Swiss National Bank (SNB) shifted reserves, now holding more euros than dollars since 2020.
- SNB interventions focused on euros to avoid U.S. currency-manipulation accusations.
