💨 Abstract

The article discusses the dollar's rise against the euro and yen due to anticipation of auto tariffs announcement by President Trump. Traders are concerned about potential negative impact on U.S. growth and inflation, but are also speculating that the tariffs could be less severe than expected. The euro weakened to a three-week low as a result, while the Japanese yen also depreciated.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖