The US dollar again on Thursday slumped against the euro and other main rivals after President Donald Trump abruptly paused higher tariffs on all countries except China, adding to investor uncertainty.
The greenback lost over one percent against the European single currency, as markets also expected data later in the day to show US inflation slowed in March.
The dollar plunged further against the Japanese yen and the Swiss franc, seen as safe-haven currencies.
DAILY POST reports that because people were becoming fearful.
He disclosed this on Wednesday while addressing questions outside the White House after announcing the tariff pause.
“Well, I thought that people were jumping a little bit out of line; they were getting yippy, you know, they were getting a little bit yippy—a little bit afraid,”; Trump said.
