The dollar fell against most major currencies on Monday, amid investor discussions about how potential US intervention in the Japanese foreign exchange market could affect declining consumer confidence in the world's reserve currency. There are also concerns about a US decision to deliberately weaken the dollar under the 'Mar-a-Lago agreement'.
Dollar Weakens Amid Speculation of Deliberate Weakening
On Monday, the dollar weakened against most major currencies. Investors are discussing the impact of potential US intervention in the Japanese FX market and fear a deliberate weakening of the dollar under the 'Mar-a-Lago agreement'.