Hong Kong, May 12, 2025 (AFP) - Dollar surges against yen and euro on US-China tariff suspension

NAMPA / AFP

2025-05-12

The dollar rallied more than one percent against the yen and euro on Monday after China and the United States slashed their tit-for-tat tariffs for a 90-day period, easing tensions between the economic superpowers. The dollar rose 1.5 percent to 147.62 yen, while also advancing 1.2 percent to $1.1113 to the euro. dan/hmn ...

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