Tuesday , 21 January 2025
Home Forex US Dollar sinks with tariffs being pushed forward on day one of Trump’s presidency
Forex

US Dollar sinks with tariffs being pushed forward on day one of Trump’s presidency

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, is sinking 1% just hours ahead of President-elect Donald Trump’s inauguration as the 47th President of the United States (US). Several asset classes in the US

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

EUR/USD remains below 1.0400 following Trump comments on tariffs

EUR/USD remains in the negative territory after trimming its recent losses, trading...

US President Trump: if the TikTok deal is not approved, we could impose tariffs on China

US President Donald Trump said on Tuesday, “if we make a TikTok...

Trump’s Tik Tok threat to China – no deal could mean tariffs

Tik Tok is still operating in the US pending getting agreement. Trump:...

USD/MXN rallies to 20.70-20.75 on Trump’s tariff plans, remains close to multi-year top

The USD/MXN pair regains positive traction during the Asian session on Tuesday...