Dollar Decline Resumes as Debasement Fears Increase

Bloomberg

Dollar Decline Resumes as Debasement Fears Increase

Bloomberg

Thu, January 29, 2026 at 7:01 AM EST

The dollar weakened Thursday as Bloomberg's gauge of the US currency slipped 0.3%, while precious metals such as gold and silver extended their record-breaking rallies. The return of the so-called debasement trade outweighed Treasury Secretary Scott Bessent's affirmation of the strong-greenback policy. Tyler Kendall reports on Bloomberg Television.

View Comments

Source