BlockBeats News, October 10th: The US Dollar Index (DXY) saw a sharp intraday decline of over 15 points, now at 99.09. Non-US currencies are generally strengthening, with the EUR/USD seeing a short-term rise of nearly 20 points to 1.1600, the GBP/USD rising by nearly 40 points to 1.3335, and the USD/JPY falling by about 40 points to 152.06. European stocks quickly turned lower, with the Germany DAX Index, France's CAC40 Index, and Italy's FTSE MIB Index all falling by over 1%.
Earlier reports indicated that Trump threatened to "substantially increase" tariffs on China.