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New York foreign exchange market: The dollar fell due to ISM data, traders are focusing on tariff risks.
The Bloomberg USD index fell after reports indicated that manufacturing activity in the USA contracted in March, while raw material prices accelerated. Before President Trump's announcement of reciprocal tariffs on Wednesday, G-10 currencies were mostly trading within a narrow range. US Treasury yields fell across the board, with the safe-haven currency yen leading the major currencies against the USD. The Bloomberg USD index declined by less than 0.1%, having fluctuated previously. The ISM manufacturing index for March in the USA was 49.0, compared to an expectation of 49.5, while the ISM price index was 69.4, compared to an expectation of 64.6. The White House stated that regardless of Trump's timing in New York...
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