Reported 2 days ago
The US dollar retreated from near two-year highs, hitting a one-month low after President Trump expressed a preference against imposing tariffs on China. Despite the dollar's recent decline, analysts suggest that tariff risks may continue to influence its value, as uncertainty around the timing of any potential tariff increases remains. The dollar has seen significant gains since September but a strong dollar poses challenges for US companies with international revenue, potentially impacting future earnings growth.
Source: YAHOO