Dollar hits four-month low as Trump warns tariffs will cause ‘a little disturbance’, European shares rally after German debt brake deal – business live

Dollar falls further, sparking talk that it could lose its safe-haven status; German ‘bazooka’ sends defence stocks and bond yields soaring

Europe’s aerospace and defence index has hit a new record high, rising by 3.7%.

The euro is now 0.8% higher against the dollar at $1.0711.

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