Market News
Euro edges towards six-month high, risk-sensitive Aussie dives - REUTERS
By Kevin Buckland and Stefano Rebaudo
Summary
- Investors asses the impact of US tariffs
- US dollar hits a 6-month low versus safe-haven Swiss Franc
- Trump levies spur traders to increase bets on central banks easing
- Analysts warn of dollar losing preferred currency status
April 4 (Reuters) - The euro edged towards its highest level in over six months on Friday, following its biggest daily rise in almost three years the day before, as investors weighed the impact of U.S. tariffs.
The U.S. dollar was slightly higher while the safe-haven yen strengthened toward a six-month peak and the risk-sensitive Australian and New Zealand dollars plunged.
