1249 GMT - The dollar stands to benefit slightly if the U.S. and EU reach a trade deal, MUFG Bank analyst Derek Halpenny says in a note. It wouldn't matter how all-encompassing the deal is if the EU avoids the 50% tariff threatened by President Trump, he says. Any trade deals with the EU or other nations would ease concerns over "damaging economic policies" from Washington and fears over declining confidence in U.S. assets. While the dollar is unlikely to experience a notable rebound, more bilateral deals would take away some of the negativity associated with trade uncertainties, he says. The euro rises 0.2% to $1.1317 after hitting a 10-day low of $1.1211 overnight, according to FactSet. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
May 29, 2025 08:50 ET (12:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。