Dollar Stabilizes Amid Tariff Uncertainty

Reported about 24 hours ago

The dollar remains steady as it trades close to three-year lows against the euro and six-month lows against the yen, with investor sentiment cautious due to ongoing tariff changes from President Trump. Recent adjustments in U.S. tariffs on electronics have provided temporary relief, but analysts predict any recovery for the dollar will be short-lived amid continued uncertainty. The dollar index is down over 4% this month, reflecting significant volatility and shifts in asset allocation amidst concerns over the U.S.'s economic outlook.

Source: YAHOO

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