The US dollar is falling against major world currencies in trading on Wednesday, April 16.
The ICE DXY index, which tracks the dollar's performance against six currencies (the euro, Swiss franc, yen, Canadian dollar, pound sterling and Swedish krona), lost 0.63%.
During trading, the index fell to a three-year low of 99.5 points. The broader WSJ Dollar Index, which tracks the dollar's performance against 16 currencies, fell by 0.45%.
Negative pressure on the dollar is exerted by the weakening of international investors' confidence in US assets against the backdrop of the actions of the US President Donald Trump administration in the foreign trade sphere, experts note.
The euro was trading at $1.1362 at 14:04 Kyiv time, up 0.7% from Tuesday's close.
Consumer prices in the eurozone rose 2.2% year-on-year in March, according to the latest figures from the European Union's statistical office. Inflation slowed from 2.3% in February. The rate of price increases in March was the lowest since November 2024.
The pound sterling strengthened 0.26% to $1.3266.
The rate of consumer price growth in the UK slowed to 2.6% year-on-year in March from 2.8% in February, the country's Office for National Statistics (ONS) said in a report. Analysts had on average predicted a 2.7% increase in prices last month.
The dollar fell 0.37% against the Japanese yen to 142.71 yen.
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