Market News
US dollar stands tall, euro falters as markets 'recalibrate' - REUTERS
By Kevin Buckland and Yadarisa Shabong
Summary
- Trump's erratic tariff campaign makes policymakers, investors cautious
- Euro set for first weekly drop this month
- New round of reciprocal tariffs expected April 2
TOKYO, March 21 (Reuters) - The dollar climbed on Friday against major peers, including the euro, which was set for its first weekly drop this month, as a busy week for central banks wrapped up and caution remained about the impact of a global trade war.
The U.S. dollar index , measured against a basket of six counterparts, was 0.19% higher at 103.99, after strengthening 0.36% on Thursday - its best single-day performance for three weeks - after the Federal Reserve indicated it was in no rush to cut interest rates.
