The dollar hit a two-week low as Trump’s tariff threats over Greenland sparked fears of a trade confrontation with Europe. The Bloomberg Dollar Spot Index fell 0.3%, erasing 2019 gains. Traders are hedging against currency swings as tensions rise. Swiss franc leads gains against the dollar, euro rises, yen lags. Danish pension fund to exit US Treasuries due to credit concerns. Trump threatens tariffs on French wine. Treasury Secretary urges calm. Currency moves less severe than 2025. Market reaction to escalate if rhetoric intensifies.
Read more at Yahoo Finance: Dollar Falls as Trump’s Greenland Push Heightens Trade Tensions
