Dollar weakens as economic concerns rise globally

The U.S. dollar is near a five-month low due to economic concerns and President Trump's trade policies. The euro is close to a five-month high after a fiscal deal in Germany aimed at boosting growth and defense spending. The Japanese yen remains strong, supported by signals from the Bank of Japan, which is expected to maintain its current policy. The Chinese yuan is also strengthening ahead of a press conference on measures to increase domestic consumption. The dollar index is down nearly 6% from its peak in January, reflecting a shift in market sentiment. Recent U.S. data shows consumer sentiment at a low, raising concerns about the impact of tariffs on the economy.