The U.S. dollar slumps as Trump 2.0 kicks off with no immediate tariffs - MarketWatch
1. US dollar weakened after Trump’s inauguration, signaling tariff uncertainty. 2. No immediate tariffs announced, contributing to a soft dollar outlook. 3. BofA noted a partial unwinding of the tariff risk premium. 4. The dollar is up 4.6% year-over-year but faces near-term risks. 5. Investors watching tariffs for inflationary and growth effects.