By Gregor Stuart Hunter
TAIPEI, Feb 26 (Reuters) – The dollar began the day on the back foot during the Asian trading session on Thursday, as better-than-expected earnings from Nvidia boosted investor confidence and markets awaited details of the latest U.S. tariffs on imports of foreign goods.
The U.S. dollar index, which measures the greenback’s strength against a basket of six currencies, held losses from Wednesday’s session, edging down to 97.592 as uncertainty persisted over how U.S. President Donald Trump would respond to the Supreme Court’s ruling on February 20 that struck down his emergency tariffs.
The U.S. tariff rate for some countries will rise to 15% or higher from the newly imposed 10%, U.S. Trade Representative Jamieson Greer said on Wednesday, without naming any specific trading partners or giving further details.
“President Trump’s 2026…
