Dollar dips due to market uncertainty as Trump's tariff announcement nears

Quick Summary:

Elsewhere, the Canadian dollar slipped a touch to C$1.4323 per US dollar, while the Mexican peso was broadly flat at 20.36 per dollar.

The Australian dollar was up 0.44 per cent at $0.6306, potentially boosted by investors seeking out currencies that are less exposed to tariffs.

Against the yen, the dollar fell 0.3 per cent to 149.24 as investors moved modestly into the safe-haven Japanese currency.

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Article Details

Category: BusinessFinance

Markets: IndiaAustraliaCanadaJapanOmanUnited States

Topics: Tariff announcement Currency movements Global trade Financial markets Recession fears Currency markets US tariffs US dollar Trump tariff plan Trump policies Market sentiment Dollar performance Trade war Dollar dips

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 18:34:05 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 704 words

Reading Time: 4 minutes read

Sentences: 16 lines

Sentence Length: 44 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27541260

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Coverage Areas: India

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