US Dollar Edges Lower Amid Sanctions
The US dollar edged lower on Tuesday as markets weighed expanded sanctions against Iran and ongoing Treasury bond buybacks. Meanwhile, trade tensions escalated following new US tariffs on Canadian auto and steel imports.
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The United States dollar edged down 0.07% to 98.92 on Tuesday morning, weighed down by expanded sanctions on Iran and ongoing Treasury buybacks. The greenback remains under pressure as investors navigate shifting monetary policy expectations and escalating trade tensions.
