Market News
US asset selloff hammers dollar against safe-haven currencies, euro - REUTER
Summary
- US Treasury selloff intensifies concerns over US assets
- Safe-havens in demand as US tariffs versus China are effective
- Yen climbs, Swiss franc scales 6-month top against dollar
April 9 (Reuters) - The U.S. dollar dropped sharply versus safe-haven currencies and the euro on Wednesday as investors worried about the economic impact of U.S. tariffs, which spooked world equity markets.
Major stock indexes sank, while a savage selloff in Treasuries sparked fears foreign funds were fleeing U.S. assets.
