DOLLAR RECOUPS LOSSES ON RENEWED TARIFF WORRIES
The dollar edged up slightly on Tuesday after falling to its lowest in more than two months at the start of the week, buoyed by safe-haven flows. The firmer dollar left the euro off a one-month high at $1.0476, with future gains in the single currency likely to hinge on how soon a coalition government can be formed in Germany. Trump's tariff deadline nears, stoking nerves.
- This recent uptick in the dollar highlights the ongoing volatility of global markets and the delicate balance between risk-off moves and safe-haven flows.
- How will the upcoming German election outcome impact the euro-dollar exchange rate and the broader implications for European economies?