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Alsharq Tribune
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bookmark Dollar Steadies as Investors Brace for More Tariff Volatility

  bookmark  Dollar Steadies as Investors Brace for More Tariff Volatility
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Alsharq Tribune -AFP

The US dollar found some footing on Monday but was still near a three-year low after a bruising week that shook investor faith in the world’s reserve currency as US President Donald Trump’s tariff plans whipsawed global markets.

The dollar was last up 0.34 % against the Swiss franc.

The euro fell 0.13 % to US$1.1344, after surging 3.6 % last week.

Elsewhere, the yen fell 0.2 % to 143.79 per dollar, while sterling slid 0.33 % to US$1.3084.

Against a basket of currencies, the US dollar last stood at 99.73, not far from Friday’s three-year low.

 

The offshore yuan fell 0.17 % to 7.2941 per dollar ahead of the open of trade in the onshore market later on Monday.

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