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U.S. Dollar Rises As Trump's Tariff Threats To BRICS Nations

U.S. Dollar Rises As Trump's Tariff Threats To BRICS Nations

The U.S. dollar strengthened against other major currencies in the Asian session on Monday, after the U.S. President-elect Donald Trump has threatened the BRICS grouping with "100 percent tariffs" if they moved to create a new currency or back any other option as the world's reserve.
RTTNews | 1天前
U.S. Dollar Falls On Donald Trump's Tariff Plan

U.S. Dollar Falls On Donald Trump's Tariff Plan

The U.S. dollar weakened against other major currencies in the European session on Wednesday, as investors ponder over U.S. president-elect Donald Trump's tariff plans and await the Fed's preferred readings on consumer price inflation later in the day for additional clues on the Fed's rate trajectory.
RTTNews | 6天前
U.S. Dollar Falls Amid Risk Appetite

U.S. Dollar Falls Amid Risk Appetite

The U.S. dollar weakened against other major currencies in the Asian session on Monday amid risk appetite, following the broadly positive cues from Wall Street on Friday, boosted by strong gains in markets in Japan, Indonesia and South Korea as traders remain optimistic about a 25-basis point rate cut by the U.S. Fed in December after data showing consumer sentiment in the U.S. improved less than expected in November.
RTTNews | 8天前