The dollar could have further to fall as its decline creates a 'double-edged sword' for America

The dollar is in a bear market, market watchers said on Wednesday, as one warned the weaker greenback is a “double-edged sword” for the U.S. economy. Tuesday saw the dollar suffer its worst one-day slide since April — when Trump’s so-called “liberation day” announcements sparked what became known as the sell America trade.