Market News
Dollar steady as zero hour on Trump's "Liberation Day" closes in
By Rae Wee
Summary
- Currencies largely subdued ahead of Trump's tariff reveal
- Dollar up slightly, worries about darkening U.S. economic outlook persist
- White House Rose Garden announcement scheduled for 2000 GMT
SINGAPORE, April 2 (Reuters) - The dollar firmed a touch and other currencies held in tight ranges on Wednesday as traders anxiously awaited details of U.S. President Donald Trump'splans for tariffs, which could upend the global trading system and shake financial markets.
The euro last bought $1.0784 while sterling fetched $1.2907, both easing slightly ahead of a White House Rose Garden announcement scheduled for 2000 GMT that will likely see the imposition of steep new duties on U.S. imports.
