Market News
Dollar drops as markets weigh Trump tariff vow, yen jumps - REUTERS
Nov 27 (Reuters) - The U.S. dollar fell to a one-week low against its major peers on Wednesday as investors grew cautious about President-elect Donald Trump's tariff pledges while rebalancing their portfolios before the end of the month.
Markets will closely watch Personal Consumption Expenditures (PCE) price index due later on Wednesday, before U.S. markets close for the Thanksgiving holiday on Thursday.
Trump's vows on Monday of big tariffs on Canada, Mexico and China, the United States' three largest trading partners, have left investors jittery.
