Dollar Trims Weekly Advance as New Tariff Plan Clouds Outlook
Yahoo Finance·2026-02-21 05:27
The dollar pared its weekly gain as President Donald Trump said he planned a new tariff on imports after the Supreme Court struck down his levies, clouding the investment outlook for the greenback. The Bloomberg Dollar Spot Index sank about 0.2% on Friday, leaving it up a bit more than 0.6% on the week, for its biggest gain since November. While the week ended on a sour note for the greenback, the reaction to the fallout from the long-awaited legal ruling was modest. Treasury yields edged higher, while st ...