Dollar slips as Donald Trump’s Greenland threats reawaken ‘sell America’ fears
Euro and sterling gain against US currency despite potential economic damage from new American tariffs
Euro and sterling gain against US currency despite potential economic damage from new American tariffs

European leaders criticise stance on Arctic island, with French president taking aim at ‘useless aggressivity’

US move on the island would be a breach of the transatlantic alliance

US president tells audience in Davos that a possible purchase should not be seen as a threat to Nato

Shares in Danish territory’s biggest bank have risen 33% this week

Precious metal closes in on $5,000 and silver tops $100 as Trump’s shortlived tariffs threat sparks rush to safe havens

Announcement comes as Donald Trump’s desire to acquire Arctic island leads to alarm among European allies