Dollar gains on Trump tariff threats, euro near 2-year low

Dollar gains on Trump tariff threats, euro near 2-year low

The dollar firmed on Monday after U.S. President Donald Trump said he was set to impose new 25% tariffs on all steel and aluminium imports, putting pressure on the euro and the commodity-focused Australian and New Zealand dollars. Trump also said he will announce reciprocal tariffs on Tuesday or Wednesday, applying them to all countries … Read more

Dollar steady ahead of Fed minutes, NZ dollar falls after rate cut

Dollar steady ahead of Fed minutes, NZ dollar falls after rate cut

The dollar drifted sideways on Wednesday, giving some relief to the yen and other major currencies after a sharp rally to a seven-week high last week, as investors paused to assess the interest rate path outlook for the United States. The New Zealand dollar slumped to its lowest since Aug. 19 at $0.6096, after the … Read more