Key Events
Latest Updates
By
Renae Dyer, Dow Jones Newswires
The dollar gained slightly but remains at weaker levels with the DXY dollar index trading below the key 100 level amid heightened uncertainty over U.S. tariffs.
A federal trade court on Wednesday struck down President Trump’s most sweeping tariffs, briefly lifting the dollar to a one-week high.
However, on Thursday an appeals court granted a bid from the White House to temporarily suspend the order. Treasury Secretary Scott Bessent also said Thursday that U.S.-China trade talks are a “bit stalled.”
The DXY dollar index rose 0.2% to 99.4940, having reached a high of 100.540 early Thursday before the appeal decision.
