CNN - Money Markets

U.S. dollar is at lowest level in nearly 3 years

How the Federal Reserve works
How the Federal Reserve works

The U.S. dollar is cooling off after a red-hot surge.

Though it rose in the weeks following President Trump’s election victory last November, the greenback has steadily fallen this year. It’s now down to its lowest level since January 2015. Since January 3, the first trading day, the dollar is down 11%.

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