Money and business

The dollar settles amid investor evaluation of the repercussions of President Trump customs agenda

The dollar settled today, Thursday, amid investors’ evaluation of the potential repercussions of the newer tariffs agenda of US President Donald Trump on the global economy and how it could affect interest rate expectations for major central banks.

In exchange for a basket of currencies, the dollar meat is near its highest level in a week at 107.15.

The pound fell from the highest level in two months, and in the latest trading amounted to $ 1.2594.

The euro settled at $ 1.0422 after it decreased in the previous session, as the leading policymakers of the European Central Bank adopted opposing views on the risk of inflation, and the extent of the bank’s curbing of economic growth.

The currency movements came modest in the Asian transactions that were cautious, with the exception of the Japanese yen, which rose to the highest level in more than two months at 150.62 against the dollar with the support of the demand for safe haven in light of fears of the effects of the customs Trump fees, and the stakes on more lifting operations by the side Japan Bank this year.

The Australian dollar rose in the latest trading 0.07 percent to $ 0.6350, while the New Zealand dollar settled at $ 0.5705.

The Chinese yuan rose abroad in the latest trading 0.1 percent to 7.2788 for the dollar.

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