The US dollar has slipped against a number of currencies today, following 1% falls on Monday, on the back of President Donald Trump's travel ban, leading the greenback to suffer its worst start to the year since 2008.
The dollar fell 0.2% against the yen after falling 1% yesterday, and 0.1% against the euro as Trump's immigration policy sparked widespread protests across the world, according to Reuters. Last Friday, the President signed an order banning all refugees for 120 days and travellers from seven Muslim-majority countries from entering the US. How the rise of political insurgencies and protectionism is threatening investor returns This policy of protectionism along with the withdrawal from the Trans Pacific Partnership (TPP), a trade agreement involving 12 countries and 40% of the world'...
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