Dollar steady, yen strengthens as traders mull Ukraine peace talks

Quick Summary:

LONDON : The dollar held steady against a range of currencies on Wednesday while the yen strengthened, as traders focused on talks over a Ukraine ceasefire and digested the latest round of tariff threats from U.S.President Donald Trump.

"Amid all this chaotic, childish back and forth of the presidential tariff announcements, let's not lose sight of what will ultimately come out of it: probably fewer tariffs than expected when he took office, but still substantial ones," they wrote.

The dollar index last stood at 107.06, up 0.047 per cent after dropping 1.2 per cent last week.

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Category: EconomyBusiness

Markets: SingaporeColombiaFranceNew ZealandUkraine

Topics: Tariff Dollar Talks Inflation Trump Cent Euro Ukraine Pound Latest Last

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-19 @ 13:40:47 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 576 words

Reading Time: 4 minutes read

Sentences: 21 lines

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Copyright Owner: © Channel News Asia

News ID: 26269524

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