U.S. Dollar Retreats, Stocks Rise

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tariff threats

Reuters

•

Business

Business & Economics

Morning Bid: Unloved dollar hit by tariff delays, yield recoil

Summary

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79% Informative

Multiple cross-currents have hit macro markets this week - a whipsaw effect from two big U.S. inflation reports, Washington 's push for Ukraine peace talks and threats of sweeping tariffs.

But as Friday trading gets underway, the net impact on the dollar index has been to sink it to its lowest in almost two months .

The greenback was also undermined as Treasury yields completely reversed their spike after Wednesday 's hot consumer price inflation report.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive