From Investing.com: 2025-06-12 05:15:00

Trump’s announcement of a unilateral tariff plan dampens risk appetite, causing the dollar and equities to suffer. The British pound is under pressure following soft UK data. Gold and oil retreat after overnight gains. Dollar slips on soft CPI and tariff talk, with expectations for easing rising and the market awaiting the May retail sales report. Trump’s 55% effective tariffs on Chinese imports add pressure on risk assets, while negotiations continue with other countries. Pound weakens against the euro amid disappointing UK economic data. Gold and oil see a strong rally before retreating, influenced by geopolitical tensions.



Read more at Investing.com: US Dollar Slides Amidst Tariff Rhetoric and Soft US Data