US dollar rises as markets consolidate positions; outlook remains downbeat

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NEW YORK/LONDON :The U.S.

"The choppiness and volatility (in the dollar) are probably the bigger story, and it's certainly being driven by uncertainty about tariffs, uncertainty about a potential trade war and whether it's uncertainty about the emerging geopolitical environment," said Marvin Loh, senior global market strategist at State Street in Boston.

Currency markets also were processing data from Wednesday showing U.S.consumer prices rose slightly less than expected in February, but the relief it offered could be temporary as the data did not fully capture the cascade of Trump's tariffs.

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Article Details

Category: EconomyBusiness

Markets: SingaporeCanadaGermanyJapan

Topics: Bank Trade Week Cent Dollar Greenback Thursday Data Trump Tariffs Euro

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 23:42:31 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 679 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 34 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26965658

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 41 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 17 minutes ago

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Publisher ID: #27

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