India, April 11 -- The U.S. dollar weakened against other major currencies in the European session on Friday amid ongoing worries about the U.S. and worldwide economies.
The trader's sentiment also fell due to the ongoing concerns about rising global trade tensions, particularly between the U.S. and China. Traders also look to cash on the steep spike on Thursday after President Donald Trump announced a 90-day pause on new "reciprocal tariffs."
The uncertainty about what will happen between now and the end of the 90-day pause is also weighing on the markets.
Trump paused most of his sweeping reciprocal tariffs for 90 days to allow more time for negotiations but raised the levies on China to 125 percent, further escalating a high-stakes co...