💨 Abstract

The U.S. dollar weakened on Tuesday due to President Trump's tariff threats being perceived as negotiating tactics rather than a long-term goal. However, new tariffs on China were imposed, causing continued sensitivity to tariff developments and market volatility. The euro edged up slightly, with the potential for U.S. tariffs to push up U.S. inflation and keep interest rates higher.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖