The global financial markets are beginning to adjust to the possibility of tariffs as proposed by President Trump. Though Trump’s plan initially caused a lot of disturbance and insecurity among investors, the American dollar managed to stabilize a bit and registered gains on the Japanese yen, a currency that last week was appreciating against the dollar amid the market tensions. The dollar also made small gains versus the euro.
Meanwhile, the American stock market also registered gains, while in Asia and Europe there were losses. Tech shares are the sector that is currently undergoing the most insecurity.
The Dollar Index also marked increases to 89.75. However, the USD is still surrounded by a lot of uncertainty as it is possible for many things to change as the tariff war between the United States and China develops.
