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The U.S. dollar is on fire, reaching near-parity with the euro for the first time in two decades. The yen ( JPY=X ) is down 20% versus the dollar over the last year — nearly unheard of in the ...
NEW YORK (Reuters) -A pledge by President-elect Donald Trump to impose tariffs on products from Canada, Mexico and China sent their currencies lower against the dollar on Tuesday, renewing the ...
The fact that Trump didn't yet mention Europe or Japan as part of the 'day one' plan allowed the euro, which hit a two-year low on Friday, to hold on to Monday's bounce and the yen held up as well.
The greenback climbed against every G10 currency, including gains exceeding 1.7% against both the euro and yen. The dollar also rose as much as 3.5% against the Mexican peso before paring gains.
For instance, Trump last month unveiled plans to place a 25% tariff on all imports from Mexico and Canada on his inauguration day, January 20. The president-elect also said he intends to levy an ...
The euro is a major global reserve currency, the second most widely held international reserve currency after the U.S. dollar. [59] Inheriting this status from the German mark , its share of international reserves has risen from 23.65% in 2002 to a peak of 27.66% in 2009 before declining due to the European debt crisis , with Russia and Eastern ...
The dollar index, which measures the US dollar against a basket of currencies, has surged as much as 5% since Trump's win and is up as much as 8% since October 1, trading at its highest level in ...
The current price of Dollar Tree's products may increase again because of President-elect Donald Trump’s tariff plans, Dollar ... Canada. In addition to these, Trump has also threatened a 10% ...