Business
Dollar drops to near multi-year lows as US tariff deadline approaches
The US dollar drifted close to its lowest level since 2021 against the euro and the weakest since 2015 versus the Swiss franc today, with traders alert for any trade-related headlines in the countdown to the US’s tariff deadline.
The dollar slipped slightly to 0.7949 Swiss franc, while the euro eased 0.2% to $1.1767, and sterling weakened 0.3% to $1.3615.
The dollar gained 0.3% to 145.04 yen, reversing an earlier decline.
The dollar index, which measures the currency against those four currencies and two other major counterparts, added 0.2% to 97.145.
The Aussie dollar dropped 0.8% to $0.6502. Meanwhile, The New Zealand dollar slipped 0.7% to $0.6010.
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