Dollar, US bonds under pressure
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Travel + Leisure on MSNThe U.S. Dollar Is Weakening—Here's How Travelers Can Plan Trips Smartly, According to ExpertsThe 2025 Bankrate Summer Travel Survey found that less than half of Americans even have summer travel plans, with 65 percent of that number citing affordability as the main issue. Of those surveyed, just 46 percent plan to travel at all, with 38 percent choosing domestic locations and 15 percent going international with a margin of overlap.
The Canadian dollar strengthened to a nearly two-week high against its U.S. counterpart on Wednesday as the greenback posted broad-based declines and investors dialed back bets on the Bank of Canada resuming its easing campaign next month.
US stock futures traded flat as investors faced the tough reality that despite trade tensions easing President Trump's tariffs still stand to deal a blow to the economy.
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A gauge of the dollar touched its lowest mark in a month as traders awaited a Group-of-Seven meeting this week for any signs that the Trump administration is seeking a weaker US currency.
Things aren’t looking so good for the U.S. dollar. Though it’s spent decades as the world’s reigning reserve currency, it’s been weakening lately thanks to tariffs and uncertainty in the U.S. economy.
With a whopping $348 billion in cash on his company’s balance sheet, it’s easy to assume Warren Buffett has no worries at all. But in a recent meeting with Berkshire Hathaway shareholders, the legendary investor admitted that he’s worried about the eroding value of the currency in which that cash hoard is held.
While retailers diverge over the impact of Trump's tariffs, some discount stores are seeing a boost. Dollar General shares jumped 3.9% Tuesday, while Dollar Tree shares gained 3.7%. That comes after W
Disappointing domestic demand is an ongoing concern, she said, as store sales slump and pizza sales struggle. “Consumers are really weary about where their dollar is going right now and, unfortunately dinning out will be talking a bigger hit because of that, and that’s where a lot of cheese consumption happens.”
U.S. fiscal concerns and a tepid auction of Treasury bonds slapped the dollar to a two-week low versus the yen on Thursday, while President Donald Trump tried to push his sweeping spending and tax-cut bill through Congress.