Currencies

Biggest Dollar Slump Since 2022 Hints at More Losses Ahead

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The dollar posted its worst month since 2022 after global investors cut back on US assets, with options markets still flashing warning signals.

A gauge of the greenback is down around 4% in April, the result of a selloff in both US stocks and Treasuries as President Donald Trump’s chaotic tariff rollout rocked global markets. Options show sentiment over the next year is the most negative on the dollar since 2020, creating strong demand for protection from further losses.