The dollar appreciated against its major peers on Tuesday after United States President-elect Donald Trump threatened Canada and Mexico with 25% tariffs on all imports into the United States. United.
Stocks were weak after big gains around the world in the previous session following the nomination of fund manager Scott Bessent as Treasury secretary, seen by investors as a voice for Wall Street in Washington.
“It’s almost as if Trump wants to remind the markets who’s in charge, having named Scott Bessent as Treasury Secretary – a man who the markets expected to cool Trump’s power,” he said. said Matt Simpson, senior market analyst at City Index.
The dollar jumped 1.5% to 20.58 Mexican pesos early in the Asian day, and climbed 0.84% to 1.4103 Canadian dollars. It added 0.14% to 154.43 yen.
The euro fell 0.4% to $1.0453 and the pound sterling lost 0.24% to $1.25405.
The Australian dollar lost 0.6% to $0.6466.
Australia’s stock index fell 0.24% and Japan’s Nikkei lost 0.4%.
U.S. S&P 500 futures fell 0.2% after a 0.3% gain in the spot index overnight, while the small-cap Russell 2000 index also hit a historical record.
Swiss
