💨 Abstract
On Tuesday, the dollar weakened due to a drop in U.S. consumer confidence and lower U.S. yields. The euro gained against the dollar as optimism grew for more spending in Germany. Concerns about U.S. economic growth and inflation, along with Trump's tariff deadlines, weighed on investor sentiment. The yield on benchmark U.S. 10-year notes also declined.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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