Dollar under pressure, safe havens rise as Trump ups tariff ante over Greenland

📅 Published: January 19, 2026 | 📂 Category: Uncategorized

The dollar weakened on Monday as President Trump’s latest tariff threats against European nations over Greenland prompted investors to seek safe-haven currencies like the yen and Swiss franc. Major EU states condemned the threats, with France proposing economic countermeasures. This broad risk-averse sentiment led to a decline in the dollar’s standing.

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