Euro Hits Three-Year High as Dollar Shunned

Good morning. This week’s dollar pain is the euro’s gain. Donald Trump acknowledges tariffs may cause problems. And we try half-proof gin. Listen to the day’s top stories.

The euro strengthened to a three-year high and other haven assets rose as the dollar faced its fourth day of declines and the trade war eroded investors’ risk appetite. Meanwhile Treasuries are trading more like risky assets.