USD Dips On Moody’s Downgrade

The US Dollar weakened across major currencies following Moody’s downgrade of the US long-term issuer rating.

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The US Dollar weakened across major currencies following Moody’s downgrade of the US long-term issuer rating, citing a decade-long rise in government debt and interest payments, with US stock futures, particularly the Nasdaq falling sharply amid warnings of slower GDP growth due to tariffs.

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