Market

FOREX-Dollar Slides Against Peers, Weighed Down by Fresh Tariff Worries

May 06, 2025, 07.37 AM | Source: Reuters
FOREX-Dollar Slides Against Peers, Weighed Down by Fresh Tariff Worries

ILUSTRASI. Dollar hits fresh record low against Taiwan dollar with dollar trims losses slightly against yen after ISM data

FOREX - NEW YORK. The U.S. dollar weakened against major currencies, including the yen and the euro, on Monday as markets weighed continued uncertainty from President Donald Trump's tariff policies and their impact on the economy.

The greenback slid to a three-year low against the Taiwan dollar to 28.8150 amid speculation that Taiwan was letting its currency appreciate as part of a trade deal with the U.S., or at least was unwilling to intervene to stop it rising alongside sharp inflows in capital.

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Editor: Anna Suci Perwitasari
Latest News