US dollar rises as markets consolidate positions; outlook remains downbeat

Maria Nițu

NEW YORK/LONDON :The U.S. dollar rose against most major currencies including the Swiss franc and the euro on Thursday, as investors consolidated positions after selling the greenback for most of this week, but the outlook remained weak amid concerns about slowing growth arising from the Trump administration's trade policies. U.S. President Donald Trump threatened to impose a 200 per cent tariff on wine, cognac and other alcohol imports from Europe, opening a new front in a global trade war

Tag-uri: Donald Trump

US dollar rises as markets consolidate positions; outlook remains downbeat https://www.channelnewsasia.com/ - 13.03.2025 22:14

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US dollar rises as markets consolidate positions; outlook remains downbeat https://www.channelnewsasia.com/ - 13.03.2025 22:14