Forex Today: US Dollar under pressure as tariff headlines dominate markets

Claudio Wewel Market Consensus, currency strategist at J. Safra Sarasin Sustainable AM The dollar collapsed last Thursday in the face of concerns about US growth. Following Wednesday’s announcement of reciprocal tariffs, the DXY index dropped by more than 2% (Graph 1). In principle, the currencies of the economies affected by tariffs should suffer, as US tariffs reduce the demand for these currencies. The extent of the devaluation depends on th…

The U.S. dollar falls further on Tuesday and its losses deepen as financial markets become increasingly concerned about a recession due to U.S. President Donald Trump's sweeping tariffs. In contrast, the so-called safe havens - the Japanese yen and the Swiss franc are holding close to six-month highs. The euro is also near its highest level in six months. This is reported by Reuters. Trump likened the imposition of tariffs to the treatment need…

Dollar frail as traders look for safe havens on tariff turmoil - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The safe havens yen and Swiss franc held near six-month highs on Tuesday while the US dollar nursed broad losses as financial markets grappled with mounting recession worries in the wake of President Donald Trump’s sweeping tariffs. The currency markets were fragile but eerily calm in Asian trade after a volatile 24-hour period where the dollar reversed heavy losses against the safe-haven currencies as traders took stock of the risk of a rapidly…

Investors pile into safe-haven currencies as tariff worries ripple through markets

Source: Live Mint By Chibuike Oguh and Yadarisa Shabong NEW YORK (Reuters) -Investors bought into safe havens such as the dollar, yen and Swiss franc on Monday as concerns about a global recession heightened following U.S. President Donald Trump’s sweeping tariffs on trading partners. Global markets plunged on Monday, with Wall Street stocks trading lower after Asian shares sank, as investors wagered the mounting risk of a deep economic downt…

Why Buy the Dollar If the US Becomes an Economic Island?

Is the greenback still a safe-haven asset or is it looking more like an emerging-market currency? As US President Donald Trump imposes the steepest tariffs in more than a century, a debate is raging over the world’s most prominent...

The price of the dollar today Monday, April 7, 2025 shows a strong upturn in the international markets. The exchange rate is 20.65 pesos per unit, representing an increase of 1.19 % compared to the previous closing. This increase occurs in a day marked by a new “black Monday” on the world exchanges, provoked by the recent tariff policies of US President Donald Trump. The dollar opened the day at 20.40 pesos and reached a daily range of between 2…