Stock selloff eases, dollar weakens due to recession fears and tariff turmoil
From Investing.com: 2025-03-11 06:58:00
Wall Street slumped on Monday due to recession fears, but futures are up today. Dollar continues to fall as rate cut expectations grow. Euro and pound rise while yen rally slows. Concerns over US recession grip markets as businesses cut spending and consumers lower consumption. President Trump’s tariff policy causing market turmoil. Gold prices steady as Ukraine talks loom. Dollar struggles against euro as German bund yields rise. Other currencies slightly higher against greenback. Aussie and Kiwi weighed down by trade war concerns. Bank of Canada policy decision awaited.
Read more at Investing.com: Stock Selloff Eases but US Dollar’s Wounds Deepen Amid Tariff Turmoil