Dollar Set for Fifth Monthly Drop on Trade, Fiscal Uncertainty | Honolulu Star-Advertiser
10 Articles
10 Articles
The dollar rose on the last day of the week and month. The U.S. currency in Chile advanced amid new market fears for the development of the trade war. Nervousness came to investors after U.S. President Donald Trump attacked his Chinese pair Xi Jinping. Trump accuses China of not respecting the agreements and the White House reported Thursday that negotiations with the Asian giant, due to tariff policy, are stalled. “The biggest risk aversion is …
Dollar set for fifth monthly drop on trade, fiscal uncertainty | Honolulu Star-Advertiser
SINGAPORE/GDANSK >> The dollar wobbled on Friday en route to its fifth-straight monthly decline as traders braced for further uncertainty around trade policy and U.S. fiscal health, while awaiting pivotal inflation reports later in the day.
The disappointing economic data of the United States weighed on the dollar on Thursday, which amplified investors’ uncertainty about growth prospects after a federal appeals court temporarily suspended a ruling that had blocked the global tariffs of the Donald Trump administration. A Bloomberg dollar indicator collapsed along with Treasury bond yields after data showed an increase in weekly unemployment benefit claims higher than expected and a …
The dollar accumulated losses of 3.72% at the end of the fifth month of year compared to December 30, 2024 (when it was quoted in S/3.761), according to the data of the Central Reserve Bank (BCR).Yesterday it had a volatile day, had a minimum quotation of S/3.618 and a maximum of S/3.632 and closed in S/3.621, losing 30 basic points regarding Thursday (S/3.624), said Asvim Assentios, Trader de Divisas en Renta4 SABAsi, ended a week in red becaus…
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