Dollar surges on Trump's tariffs, sending peers to multi-year lows
- Posted on February 3, 2025
- By Bing News
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Dollar surges on Trump's tariffs, sending peers to multi-year lows
By Kevin Buckland, Ankur Banerjee and Greta Rosen Fondahn TOKYO/SINGAPORE (Reuters) - The dollar surged on Monday, pushing its Canadian counterpart and the Mexican peso to multi-year lows while China's yuan slumped to a record trough in offshore trade after U.S. President Donald Trump's tariffs kicked off a trade war. The U.S. dollar's gains were broad, with the euro also touching a more than