India, July 4 -- The U.S. dollar weakened against other major currencies in the European session on Friday, as the unpredictable economic policies of U.S. President Donald Trump and the decline in trust in the Federal Reserve, led to the downturn of USD.
Investors make cautious moves ahead of the upcoming U.S. reciprocal tariff headline.
U.S. President Donald Trump's announcement that his administration will begin issuing forma letters on trade matters has raised concerns that the U.S. government will impose tariffs effective next week.
Trump said late Thursday that he "will begin sending letters on trade tariffs starting Friday."
"We're probably going to be sending some letters out, starting probably tomorrow, maybe 10 a day to various...