The US dollar faced a broad decline on Friday. Investors sold off the currency due to President Trump’s escalating trade war. He suggested tariffs on the European Union. This action renewed worries about the impact on the global economy. The Japanese yen gained strength. Data showed Japan’s inflation rose. The British pound also increased against the dollar.
Sunil Singhania’s Abakkus portfolio: 5 stocks rally up to 105% in CY26; 2 new buys added in Q1
The analysis includes only those companies in which the investor holds more than a 1% stake and may not represent the entirety of the portfolio.