Currencies
Currencies News
Dollar Gains as Yen on the Defensive Before Trump-Abe Meeting
The dollar traded higher versus most of its Group-of-10 peers after U.S. President Donald Trump’s promise to overhaul taxes for businesses boosted risk sentiment. The yen was on the back foot ahead of a meeting between Trump and Japanese Prime Minister Shinzo Abe.
Trump Tax Talk Reinvigorates Dollar to Gains Against Most G-10
The dollar was trading near its session high after President Trump told airline officials that there will be some news on the tax front in the next two to three weeks, reviving optimism that fiscal stimulus could juice the U.S. economy and reigniting the recently stalled “Trump trade.”