The US dollar came under further pressure today, with the euro at one point breaching the $1.17 barrier in intra-day trade.
It caps a weak few months for the greenback, which has been falling against major currencies such as the euro, Japanese yen and even sterling in recent months.
US economic data has mostly surprised on the downside of late, while the dollar is also having to contend with domestic political uncertainty.
The latest setback for the dollar follows last week´s resignation of White House spin doctor Sean Spicer, a leading figure within Trump´s camp. It comes as US officials continue to investigate allegations of collusion between Trump´s election team and Moscow.
Increased political uncertainty has raised further question marks over the US president´s ability to deliver on election pledges to cut taxes and increase spending.
Much of the economic data on the US economy over recent months has pointed to some fragility.
At the same time, flash manufacturing survey data for July released yesterday suggested the US economy could be doing better than many economists had thought.
Despite weaker US manufacturing and consumer data over recent months, the Federal Reserve (Fed) raised interest rates again in June, taking the Fed funds rate to 1.25%.
Although the Fed has already hiked US rates twice this year, the US dollar is still down by around 11%, 5% and 6% against the euro, the yen and sterling respectively year-to-date.