Dollar Rebounds as Trade Tensions Resurface
Yahoo Finance·2026-05-02 03:32

The dollar index (DXY00) on Friday rose +0.12%.  The dollar recovered from a 2-week low on Friday and finished higher.  Tariff tensions resurfaced on Friday, pushing the dollar higher, after President Trump threatened to raise tariffs on European automobile imports to as high as 25%. The dollar initially moved lower on Friday after crude oil prices fell more than -3%, which eased inflation expectations, a dovish factor for Fed policy, and a negative factor for the dollar.  The dollar fell to its low on Fr ...

Dollar Rebounds as Trade Tensions Resurface - Reportify