• Sun, Mar 1, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--
 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

29 April 2025 02:31  |

US Dollar softens amid trade doubts and cautious sentiment

The US Dollar (USD) weakens slightly on Monday as markets kick off a busy week, overshadowed by skepticism surrounding United States (US) trade policy.

While US officials hinted at ongoing talks with Asian partners and “daily conversations” with China, Beijing reiterated it is not engaged in negotiations, stressing the lack of winners in a tariff war. This backdrop left the US Dollar Index (DXY) trading modestly lower, around the 99.33 mark at the time of writing.

Optimism that US trade policies might eventually reduce global tariffs is increasingly seen as misplaced. Analysts from Standard Chartered note that multilateralism continues to weaken under the Trump administration, with the World Trade Organization (WTO) sidelined and free trade agreements (FTAs) facing long and uncertain negotiation timelines.

Adding to the pressure, the risk of prolonged uncertainty may weigh heavily on global growth prospects.

Source: Fxstreet

Related News

US DOLLAR

Dollar Closes Best Year Since 2015 With Bullish Bias

The dollar posted a modest decline on the final day of the year, its best in nearly a decade, as long-term options and charts...

31 December 2024 17:05
US DOLLAR

Dollar Ends Three-Day Drop Ahead of US Payrolls

The dollar consolidated following three days of losses as traders awaited US jobs data to gauge the outlook for Federal Reser...

7 February 2025 13:14
US DOLLAR

Dollar Gains as Fed Signals Patience

The U.S. dollar index rose above 99.5 on Thursday, recovering some of the previous session’s losses as investors continued ...

17 April 2025 09:14
US DOLLAR

Dollar Index Hits 25-Month High

The dollar index dipped to around 108.3 on Thursday, starting the year on a subdued note following a strong performance in 20...

2 January 2025 17:36
BIAS23.com NM23 Ai