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Here is what you need to know on Tuesday, January 20: Over the weekend, the United States (US) President Donald Trump announced 10% tariffs on all goods from eight European countries as part of his plan to take over Greenland. As a result, financial markets were dominated by risk aversion. Meanwhile, the US stock and bond markets remained closed on Monday in observance of Martin Luther King Jr. Day. Trump will impose a 10% tariff on all goods from Denmark, Sweden, France, Germany, the Netherlands, Finland, Britain, and Norway on February 1st. The tariff rate is also set to increase to 25% on June 1st if the US fails to reach a deal to purchase Greenland by then. Citing EU diplomats, Reuters reported on Sunday that EU ambassadors reached a broad agreement to retaliate with a tariff package on 93 billion Euros of US imports, a measure suspended for six months back in August. The US Dollar Index (DXY) is trading near 99.00, with little movement, as US markets are closed for Martin Luther King Jr. Day. 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 -0.40% -0.37% -0.03% -0.35% -0.45% -0.72% -0.73% EUR 0.40% 0.03% 0.37% 0.05% -0.05% -0.32% -0.33% GBP 0.37% -0.03% 0.36% 0.03% -0.08% -0.35% -0.35% JPY 0.03% -0.37% -0.36% -0.33% -0.44% -0.69% -0.71% CAD 0.35% -0.05% -0.03% 0.33% -0.10% -0.37% -0.38% AUD 0.45% 0.05% 0.08% 0.44% 0.10% -0.28% -0.27% NZD 0.72% 0.32% 0.35% 0.69% 0.37% 0.28% -0.01% CHF 0.73% 0.33% 0.35% 0.71% 0.38% 0.27% 0.01% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while…

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Filed under: News - @ January 19, 2026 7:25 pm