Reported about 7 hours ago
The U.S. dollar rose above an 11-week low as President Trump's ambiguous comments on tariffs for Europe and delays on planned levies for Canada and Mexico introduced uncertainty in the market. The euro steadied after declining from a recent high, while traders awaited developments regarding Germany's coalition government. Trump's remarks, coupled with concerns about U.S. economic growth and inflation, have led to expectations of multiple rate cuts by the Federal Reserve in 2025, despite a current pause in rate changes.
Source: YAHOO