Dollar falls sharply as trade war escalates
Published:
10 April 2025 08:04
The dollar plunged 1.1% against the European single currency to $1.1083
The US dollar dropped against the euro and other main rivals on Wednesday as President Donald Trump's tariffs triggered strong retaliation from China, fuelling recession fears.
The dollar plunged 1.1% against the European single currency to $1.1083.
The greenback also dropped against the Swiss franc and the Japanese yen, seen as safe-haven currencies.
Shamiur Rahman
