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Dollar Falls as Trump’s Greenland Push Heightens Trade Tensions
Yahoo Finance· 2026-01-21 05:20
The dollar fell to its lowest level in two weeks and traders sought protection against further currency swings as President Donald Trump’s new tariff threats as part of his campaign to take control of Greenland sparked fears of a major trade confrontation with Europe. The Bloomberg Dollar Spot Index ended Tuesday 0.3% lower, nearly erasing this year’s modest gains even as Treasury yields climbed. The greenback has been battered by Trump unleashing fresh social media attacks against European allies and thr ...