Dollar Steadies as U.S. Tariffs Take Effect, Markets Await Key Inflation Data
The U.S. dollar traded mixed on Tuesday as Treasury yields firmed, following new U.S. tariffs on metals and Federal Reserve Chair Jerome Powell’s testimony. Powell reiterated that the Fed remains in no rush to cut interest rates, reinforcing expectations that policy easing may be delayed beyond mid-2025. Meanwhile, the global FX market reacted to various […]