January 31 , 2026
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- The U.S. dollar fell to its lowest level in four years recently
- The U.S. Dollar Index, which measures the dollar against major global currencies, fell 1.4% to 95.77 its lowest since February 2022.
- The decline is linked to trade tensions, domestic political uncertainty, and concerns over the independence of the Federal Reserve.
- Trump announced plans to raise tariffs on South Korean and Canadian imports.
- The Japanese yen strengthened to 152 per dollar, while the euro rose above $1.20.

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