Why the dollar is doing what it's not supposed to do
6 Articles
6 Articles
Dollar, Stocks Sink As Gold Hits High On Trump Tariffs
Washington: The dollar and equity markets tumbled Thursday after President Donald Trump’s latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up inflation. The dollar slumped by as much as 2.6 percent versus the euro, its biggest intraday plunge in a decade, and suffered sharp losses ... Read more The post Dollar, Stocks Sink As Gold Hits High On Trump Tariffs appeared first on The L…
Dollars, sinking shares like gold high on Trump rates
Washington: The dollar and stock markets tumbled on Thursday after the last rates of President Donald Trump against countries worldwide, causing a trade war to be fueled that will cause many to cause and solve inflation. The dollar fell by no less than 2.6 percent compared to the euro, the biggest intraday immersed in a […]
Market interest rates in Germany and the US are falling significantly. Trump's trade war is pointing the bond market to a recession. The post market interest rates are falling because of Trump – market pushes ECB and Fed appeared first on financemarktwelt.de.
Donald Trump is escalating the trade war: the US is now raising 32 percent to most imports from Switzerland and 20 percent to those from the European Union. This is causing big movements in the markets.
After Donald Trump announced the imposition of tariffs on practically the entire world, the euro exchange rate against the dollar reacted immediately. First, it jumped sharply, and then it dived. As a result, the dollar exchange rate against the zloty underwent an analogous, opposite movement - first the dollar became cheaper, and then it became more expensive again.
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