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U.S. Dollar Rebounds from Six-Week Low Against Euro Amid Global Trade Tensions
The U.S. dollar showed a strong recovery on Tuesday, June 3, 2025, climbing from its lowest levels in six weeks against the euro, as global investors weighed the impact of ongoing trade tensions driven by U.S. policy.
The greenback gained 0.7% against the Japanese yen, trading at 143.73 yen, while the euro slipped 0.5% to $1.1386 after hitting a high of $1.1454 earlier in the session. Since the beginning of 2025, the dollar has fallen nearly 9% against the euro.
The British pound also edged lower, declining 0.3% against the U.S. dollar, reflecting continued volatility across major currency markets.
This rebound in the dollar comes as investors closely monitor signals from the Federal Reserve, potential interest rate moves, and geopolitical developments that could influence currency trends in the coming weeks.
USD rises from 6-week low versus EUR
Gains 0.7% against JPY; EUR down 0.5%
GBP falls 0.3% vs USD amid market uncertainty
Trade tensions and Fed outlook remain in focus
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