Tracking the fate of king dollar

LONDON (Reuters) -The U.S. dollar, long renowned for its strength, has been weakened by President Donald Trump’s stiff tariffs, his attacks on the Federal Reserve and his distancing from allies and global institutions. The dollar still makes up for the bulk of central bank foreign exchange reserves, according to latest IMF data. Still, the dollar index, which measures the value of the greenback against a basket of major world currencies suffered its worst first half of the year since the early 1970s.