US dollar fluctuates, losing ground to some currencies amid policy uncertainty and trade tensions.

The US dollar saw mixed results last week, gaining against the euro but weakening against the British pound, Australian dollar, and Japanese yen. The Dollar Index declined, closing at 108.04, a weekly loss of 0.30%. This fluctuation was due to uncertainty over the Federal Reserve's monetary policy and increasing trade tensions, including new tariffs on steel and aluminum imports announced by President Trump. Market attention now focuses on Fed Chair Jerome Powell's testimony and key US economic data releases.

6 weeks ago
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