Reported 3 days ago
The U.S. dollar saw a decline as weak consumer confidence and fears about the impact of impending tariffs on U.S. growth created uncertainty among traders. It dropped by about 0.5% against the yen, settling at 149.95. The euro steadied at $1.0789, while the Australian dollar hovered above 63 cents ahead of inflation data. Market participants are concerned about a potentially messy round of tariffs that President Trump may announce next week, which could have significant effects on currency markets.
Source: YAHOO