Dollar Remains Stable but Faces Risks Amid Tariff Concerns

Reported about 9 hours ago

The U.S. dollar is stable but at risk of its weakest monthly performance since November 2022 due to erratic trade policies under President Trump, which have weakened confidence in the currency. As investors shift toward the euro, yen, and Swiss franc, concerns about the economic repercussions of tariffs persist, with indicators of slowing economic growth and rising inflation. The upcoming GDP estimate will further highlight these issues, while recent labor market data shows mixed signs.

Source: YAHOO

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