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The Economic Times

Markets / The Economic Times

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US dollar buoyed by Trump's Greenland about-face; Aussie jumps after jobs data

The U.S. dollar held its ground against major currencies. President Trump withdrew tariff threats on European NATO nations regarding Greenland. This move eased market fears. The Swiss franc retreated from a three-week high. Gold also fell from its peak. The Australian dollar reached a 15-month high. The yen remained under pressure.

22 Jan 2026 7:48 am