Trump chaos triggers safe-haven demand
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Here is what you need to know on Wednesday, January 21: Safe-haven flows continue to dominate financial markets on Tuesday as geopolitical tensions between United States (US) President Donald Trump and Greenland/Europe remain high. US President Donald Trump argued early Tuesday again that Denmark is unable to adequately protect Greenland and said they will discuss the issue in Davos. Trump also noted that he will impose a 200% tariff on French wines and champagnes if France declines to join the Gaza Board of Peace. Financial markets in the US returned to action following a long weekend, but the US economic calendar did not feature any high-impact data releases. The country published the Automatic Data Processing (ADP) Employment Change 4-week Average data, showing that private employers added an average of 8K jobs per week in the 4-week period ending January 20, down from the 11K added in the previous week. The US Dollar (USD) Index continues to edge lower in the American session and is now trading around the 98.50 price zone. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.71% -0.12% -0.06% -0.26% -0.30% -0.69% -1.04% EUR 0.71% 0.59% 0.63% 0.45% 0.41% 0.00% -0.33% GBP 0.12% -0.59% 0.06% -0.14% -0.18% -0.57% -0.92% JPY 0.06% -0.63% -0.06% -0.20% -0.24% -0.63% -0.98% CAD 0.26% -0.45% 0.14% 0.20% -0.04% -0.44% -0.77% AUD 0.30% -0.41% 0.18% 0.24% 0.04% -0.39% -0.72% NZD 0.69% -0.01% 0.57% 0.63% 0.44% 0.39% -0.35% CHF 1.04% 0.33% 0.92% 0.98% 0.77% 0.72% 0.35% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from…
Filed under: News - @ January 20, 2026 7:39 pm