Reported about 9 hours ago
On Friday, the dollar gained as a safe-haven asset due to impending tariffs from President Trump, although it was set for a monthly loss amidst concerns over U.S. economic growth. In contrast, the yen is on track for its best monthly performance since July, rising more than 3.6% as expectations for Bank of Japan rate hikes intensified. Traders also noted a dip in the Australian dollar, while the euro struggled to maintain its value. Overall, market uncertainty remains as traders adjust to the new tariff landscape.
Source: YAHOO