Home Finance Dollar Recovers Amid Market Jitters Over Trump Tariff Threats

Dollar Recovers Amid Market Jitters Over Trump Tariff Threats

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Dollar Recovers Amid Market Jitters Over Trump Tariff Threats


The dollar was edging higher against a basket of currencies, recovering modestly after falls the previous day following weak U.S. gross domestic product data.

Markets turn cautious ahead of possible announcements by President Trump on tariffs, particularly against Canada and Mexico, drawing some safe-haven demand for the U.S. currency.

“News on tariffs from the Trump administration continues to be taking centre stage,” analysts at Danske Bank said.

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