Dollar under pressure, safe havens rise as Trump ups tariff ante over Greenland

The market is currently witnessing pressure on the dollar as former President Donald Trump intensifies tariff threats related to Greenland. This has driven investors towards safe-haven assets, notably gold and the yen, providing upward momentum for these currencies. Trump's comments have sparked concerns over international trade relations, which in turn have weakened the dollar. With rising demand for safe assets, the yen is particularly benefiting from this trend. The market is also watching the implications for the Nikkei stock average and its correlation with corporate performance. The future outlook for the dollar may significantly shift depending on changes in trade policy and international relations. The sensitivity of the market to Trump's moves is likely to shape price trends going forward.