greenback

His tariff policy has led investors to pile into assets outside the United States, weakening the greenback and lifting other currencies alongside gold.

Trump's attacks on Fed chief Jerome Powell for not cutting interest rates also appear to have added pressure to the greenback.

Some departments, like the office that issues and renews passports, also accept only greenbacks.

The higher returns on dollar investments have pushed the value of the greenback higher against other currencies.

The dollar index , a measure of the greenback against six major currencies, was last at 103.17, a whisker above the 103.07 it touched in Asia trade, the lowest since Aug. 31.