StickyWice
02-03-2025, 12:29 AM
Mexico currency worth less and less Canada too but not as much go down in value
Dollar value go up high
TOKYO/SINGAPORE, Feb 3 (Reuters) - The dollar surged on Monday, pushing its Canadian counterpart and Mexican peso to multi-year lows while China's yuan slumped to a record low in offshore trading after U.S. President Donald Trump kicked off a trade war by imposing sweeping tariffs.
The U.S. dollar's gains were broad, with the euro also dropping to a more than two-year low and the Swiss franc - despite typically acting as a safe haven - sliding to the weakest since May.
Dollar value go up high
TOKYO/SINGAPORE, Feb 3 (Reuters) - The dollar surged on Monday, pushing its Canadian counterpart and Mexican peso to multi-year lows while China's yuan slumped to a record low in offshore trading after U.S. President Donald Trump kicked off a trade war by imposing sweeping tariffs.
The U.S. dollar's gains were broad, with the euro also dropping to a more than two-year low and the Swiss franc - despite typically acting as a safe haven - sliding to the weakest since May.