💨 Abstract

On Monday, safe-haven currencies such as the Japanese yen and Swiss franc strengthened against the US dollar due to lingering concerns over tariffs and a US economic slowdown. The euro, which had a strong run last week, edged higher but hovered near its four-month high. The market is awaiting details on European spending. The US dollar's net long positions have been reduced, and the dollar index is near a four-month low.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖