Euro, yen surge vs dollar as investors grapple with tariff aftermath
April 3 (Reuters) – The euro and the Japanese yen soared against the dollar on Thursday, as investors grappled with how U.S. President Donald Trump’s far-reaching tariffs will impact global trade and economic growth. Investors continue to flock to safe-haven units such as the yen and Swiss franc as the dollar weakened to six-month lows against both those currencies. “The takeaway there is that the U.S. doesn’t care about growth, at least short-term growth, in the way that it always has,” said Adam Button, chief currency analyst, Forex Live. “The market wants to invest in the fastest growing places, and the U.S. administration is showing that it is not trying to maximize growth, or they have a different idea about how to get there. And I think that’s rattled the market.” The highly anticipated tariff announcement sent shockwaves through markets, sinking global stocks and sending investors into the safety of bonds as well as gold, fearing that a fu...