Reported 5 months ago
Major currencies remained stable as traders evaluated the implications of the U.S. government's upcoming reciprocal tariffs and a recent producer price report that alleviated inflation fears. While U.S. President Trump's planned tariffs are still under consideration and won't be enforced immediately, there is cautious optimism for potential negotiations. The U.S. dollar slipped slightly, and the yen recovered losses following positive PPI figures, whereas the euro and sterling experienced modest fluctuations amid broader economic discussions.
Source: YAHOO