Dollar Holds Steady as Tariff Uncertainty Weighs on Currency Markets
Bloomberg • • nation
Key Points:
- US dollar and S&P 500 futures declined due to uncertainty over trade policy, negatively impacting sentiment toward US assets.
- US benchmark contracts dropped 0.7%, Nasdaq 100 futures fell 0.9%, and European stock futures also decreased.
- The Japanese yen, Swiss franc, and euro strengthened against the dollar as the broader greenback index retreated after last week's gains.
- Bitcoin fell nearly 5%, dipping below $65,000 before recovering some losses.
- Precious metals like gold and silver experienced price increases amid the market volatility.
