The U.S. dollar was steady on Thursday after retreating from a two-week high versus major peers, as markets took U.S. President Donald Trump's latest tariff salvos in their stride, except in Brazil where a threatened 50% levy sent the real sliding.

The U.S. dollar edged lower on Thursday, retreating from a two-week high against major currencies, as markets shrugged off President Donald Trumps latest tariff threats. Risk sentiment held strong, with investors buoyed

NPR reported that Harvard University economics professor Kenneth Rogoff said the dollar hasn't weakened this much since then-President Richard Nixon canceled the convertibility of the dollar to gold in the 1970s.