The dollar traded near a one-week low versus the yen on Tuesday and near the low...
TOKYO - The dollar traded near a one-week low versus the yen on Tuesday and near the lowest in almost two weeks against the euro, on concern about weak U.S. manufacturing data and signs of new fronts in the U.S. trade war.
Sentiment also took a hit after U.S. President Donald Trump announced tariffs on metal imports from Brazil and Argentina. Investors are also worried about how the United States will scale back a 16 month-long trade war with China, while more tariffs on other countries’ goods would pose an additional risk to the global economic outlook.
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