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Morning Bid: Dollar slides on trade and tax fears


//business-finance.news-articles.net/content/202 .. ng-bid-dollar-slides-on-trade-and-tax-fears.html
Published in Business and Finance on Monday, June 2nd 2025 at 10:00 GMT by Reuters   Print publication without navigation

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The article from MSN, titled "Morning Bid: Dollar slides on trade and tax fears," discusses the recent decline in the U.S. dollar due to concerns over potential trade conflicts and tax policies. The dollar weakened against major currencies like the euro and yen, influenced by fears of escalating trade tensions between the U.S. and China, as well as uncertainties surrounding the U.S. debt ceiling and government funding. Additionally, the article mentions the impact of a strong jobs report on expectations for Federal Reserve interest rate decisions, with markets anticipating a possible rate hike. The piece also touches on the performance of other currencies, such as the Australian dollar, which saw gains amid these global economic uncertainties.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/markets/morning-bid-dollar-slides-on-trade-and-tax-fears/ar-AA1FV7pW ]

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