Dollar Rebounds as Market Sentiment Stabilizes
The US dollar index edged higher toward 100 on Tuesday (15/4), recovering slightly from recent lows as sentiment around the US economic outlook showed signs of stabilization. The rebound followed President Trump's decision to exempt key technology products from his reciprocal tariffs and reports suggesting a potential pause on his 25% auto import levies.
Despite the improving mood, caution remained as the US Commerce Department launched a national security investigation into semiconductor and pharmaceutical imports.
On the policy front, Fed Governor Christopher Waller downplayed inflation risks stemming from tariffs, calling them likely "transitory." He also emphasized that the Fed remains open to further rate cuts, signaling that supporting economic growth would take precedence over responding to short-term inflation pressures.
The dollar's recovery comes after a sharp three-day drop, when it fell to three-year lows amid heightened policy uncertainty and a broad selloff in US assets.
Source: Trading Economics
