Euro drops to three-week low before auto tariff announcement

From Yahoo Finance: 2025-03-25 19:49:00

The dollar rose against the euro and yen as traders await Trump’s auto tariff announcement. Concerns about potential tariffs affecting U.S. growth linger. The European Union seeks to avoid steep U.S. tariffs on EU goods. Ukraine and Russia clash over energy strikes. Japanese yen weakens, BOJ cautious on rate hikes.

Minneapolis Fed President uncertain about tariffs’ effect on the U.S. economy. St. Louis Fed President warns of rising inflation risks. Bank of Japan Governor emphasizes the need for interest rate hikes. BOJ unlikely to tighten policy more than expected. British pound falls on cooler inflation data and fiscal statement. Australian dollar weakens on slower consumer inflation. Bitcoin price drops to $86,548.

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