Dollar Hits Week Low Amid Geopolitical Tensions, Reviving 'Sell America' Trade

• The dollar fell to its lowest in a week after White House threats to the EU over Greenland sparked a broad selloff in US stocks and bonds.
• The dollar index slid 0.1% to 99.004, its lowest since January 14, as investors grew concerned about exposure to US markets.
• President Trump's renewed tariff threats against European allies triggered a 'Sell America' trade, similar to last year's Liberation Day announcement.
• Investors are dumping dollar assets due to fears of prolonged uncertainty, strained alliances, and potential de-dollarization trends.
• Other currencies like the yen, yuan, Australian dollar, New Zealand dollar, euro, and pound showed varied movements, while cryptocurrencies also saw slight declines.

Why It Matters: Geopolitical tensions and tariff threats have pushed the dollar to a week low, reigniting 'Sell America' concerns.