Dollar tumbles as Trump renews tariff threats
Good morning. The dollar is back on the defensive as investors digest weekend comments from President Donald Trump, who threatened tariffs on European countries that do not support his push to acquire Greenland and later sent a letter to foreign embassies linking the move to Norway’s refusal to award him the Nobel Peace Prize. US markets are closed for the Martin Luther King holiday and liquidity conditions are thin, but the greenback is trading roughly a quarter-percent lower against a basket of its rivals, and the euro is climbing even as European leaders prepare a package of retaliatory measures. The...