Reported about 20 hours ago
The euro approached a six-month high as traders reacted to U.S. tariffs, which could significantly impact global growth and spark widespread economic uncertainty. The U.S. dollar saw slight gains but faced risks of a confidence crisis, while the Australian and New Zealand dollars plummeted. Analysts predict multiple interest rate cuts from both the European Central Bank and the Federal Reserve, with the markets awaiting a crucial U.S. payroll report for insights into economic health.
Source: YAHOO