Dollar Slips as Trump Tariff Speculation Grows

Reported 1 day ago

The US dollar fell towards a one-week low against major currencies as traders evaluated President-elect Donald Trump's proposed tariffs, which may be less severe than previously anticipated. Following a Washington Post report on potential tariff limits focused on national security sectors, the dollar index lost 0.25%. Although Trump denied the report, concerns about the extent of upcoming tariffs could lead to further declines in the dollar's value, as markets await key US job data and eurozone inflation statistics.

Source: YAHOO

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