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Stock impact report

Dollar Faces Pressure From Trump's Fresh Tariff Threat to Europe [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
The Bloomberg Dollar Spot Index fell 0.1% in Asia after Trump threatened a 10% tariff on European allies supporting Denmark's hold on Greenland. Treasury futures traded mixed with cash markets closed for a US holiday. Most Read from Bloomberg Seattle Is Building Light Rail Like It's 1999 E-Bike Boosters Ask: Is It All Downhill From Here? NYC's New Comptroller Sounds Alarm on Two-Year Deficit of $12.6 Billion Millionaire Tax in Rhode Island Gets Governor's Support Summit $451 Million Deal for Bankrupt NYC Buildings Approved European currencies found support, with the Swiss franc outperforming its Group-of-10 peers on increased demand for haven assets. The euro rose from the lowest level in almost two months. Here's what analysts are saying: David Forrester, a senior strategist at Credit Agricole CIB in Singapore: Trump's tariff threats have reignited the ‘sell America' trade. The market will also be looking for the ‘TACO trade' as Trump could be using the threat of Show less Read more
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