Dollar firms on Trump tariff threats, euro slides to near two-year low

Quick Summary:

Euro, loonie, Aussie and kiwi under pressure Trade war worries unnerve investors China’s retaliatory duties to take...

Markets are pricing in 36 basis points of cuts this year, down from 42 bps after an upbeat payrolls report on Friday.

Analysts have said that tariffs could be inflationary and put further pressure on the Fed to keep interest rates elevated.

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Category: EconomyBusiness

Markets: MalaysiaAustraliaCanadaChinaJapanMexicoNew ZealandSingaporeTaiwanUnited States

Topics: Euro currency US dollar

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 10:47:07 (1 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 519 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Malay Mail

News ID: 26013113

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About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

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Year Established: 1896

Headquarters: Malaysia

News Last Updated: 3 hours ago

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Publisher ID: #106

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