Dollar languishes as Asia markets reopen to renewed tariff turmoil [Yahoo! Finance Canada]
NATL AUSTRALIA BK S/ADR (NABZY)
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Source: Yahoo! Finance Canada
The greenback held losses as China and Japan reopened after holidays ?and Trump warned countries against retreating from recent trade deals after the Supreme Court struck down his emergency tariffs. The yen ?was a shade weaker after the Nikkei newspaper said U.S. authorities took the lead in conducting so-called rate checks last month to prop up Japan's currency. Washington's latest tariff threats ?are clouding the outlook for global trade, following the Supreme Court's ruling that Trump's use of a 1977 emergency law to impose tariffs exceeded his authority. "Now we're back in a very uncertain environment," Ray Attrill, head of currency strategy at National Australia Bank, said on a NAB podcast. "It's just the uncertainty about what the future trade landscape will look like, just at a point where most countries had signed or were on the cusp of ?signing trade deals." The dollar index, which measures the ?greenback against a basket of currencies, was flat at 97.69, after a swo
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