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US dollar weakens against Canadian and Swiss dollars amid trade tensions and recession fears.
The US dollar is struggling against several currencies, including the Canadian and Swiss dollars, due to ongoing trade tensions and potential tariff impacts.
The USD/CAD pair is near 4-month lows at 1.4100, affected by trade concerns and the upcoming US and Canadian jobs reports.
The US Dollar Index (DXY) has dropped to 101.90 following China's tariffs on US goods.
Additionally, the Federal Reserve Chair's speech and the US ISM Services PMI data indicate market concerns over stagflation and recession risks.
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El dólar estadounidense se debilita frente a los dólares canadienses y suizos en medio de tensiones comerciales y temores de recesión.