💨 Abstract

The dollar hovered near a five-month low against the euro on Monday due to concerns over the economic impact of U.S. President Trump's protectionist trade policies. The euro strengthened, with analysts predicting it could reach $1.13 by year-end, as markets reassess initial expectations of Trump's policies. The dollar also weakened against the yen and Chinese yuan, while the Bank of Japan is expected to maintain interest rates.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖