Market News
Dollar dips towards one-week low as market ponders proposed Trump tariffs - REUTERS
By Kevin Buckland and Stefano Rebaudo
Jan 7 (Reuters) - The U.S. dollar eased towards a one-week low versus major peers on Tuesday as traders considered whether President-elect Donald Trump's proposed tariffs would be less aggressive than promised.
On Monday, the greenback slid against the euro and sterling following a report in the Washington Post that Trump's aides were exploring plans that would apply tariffs only on sectors seen as critical to U.S. national security.
