US dollar stabilises, trade concerns add to volatility - London Business News | Londonlovesbusiness.com
Briefly

The U.S. dollar experienced renewed stability amid trade risk concerns, particularly triggered by President Trump's proposed tariffs on Colombian goods. Initial market reactions drove demand for safe-haven assets like the dollar, but stability returned following Colombia's agreement to U.S. conditions. While central bank decisions from the Federal Reserve, Bank of Canada, and European Central Bank are anticipated to affect market sentiment, traders are closely monitoring key data on GDP and inflation. In the bond market, U.S. Treasury yields declined as expectations shift, while trade policy uncertainty continues to influence market volatility, affecting the dollar's value.
The U.S. dollar regained stability amid renewed trade risks, driven initially by President Trump's tariff proposal on Colombian goods but later eased after Colombia agreed to U.S. conditions.
Market attention is now turning to key central bank decisions and macroeconomic data that could influence the dollar's strength, particularly following ongoing trade policy uncertainties.
Read at London Business News | Londonlovesbusiness.com
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