US EditionU.S. Dollar Faces Continued Pressure Amid Rate Cut Expectations
- On the second of April, sweeping tariffs were introduced by President Trump's government on imports from the majority of countries, a day the president referred to as 'Liberation Day.'
- The administration announced a 90-day pause on most tariffs on April 9, set to expire on July 9 amid ongoing trade talks with major partners.
- Despite the tariff pause and trade agreements nearing completion, the US dollar weakened sharply, dropping 10.8% in the first half of the year to a three-year low.
- FX strategist Alex Cohen said consistent selling by European real money and structural factors lead to dollar declines, while over 80% of analysts expect net-shorts to increase by end-July.
- The dollar's weakness reflects rising rate cut expectations, volatile tariffs, and growing debt concerns, signaling continued uncertainty for investors and policy makers.
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U.S. Dollar Faces Continued Pressure Amid Rate Cut Expectations
The U.S. dollar is near a 3.5-year low against the euro and sterling as expectations grow for U.S. rate cuts. President Trump's tariff deadlines and the potential for a new dovish Federal Reserve chair contribute to this pressure, impacting global currency markets, including emerging market currencies.
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The Dollar Dilemma During Trump 2.0 - The Thinking Conservative
The U.S. dollar index, a gauge of the buck against currencies including the euro and the yen, has declined by almost 11% to its lowest level in 3 years. The post The Dollar Dilemma During Trump 2.0 appeared first on The Thinking Conservative.
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Leaning Left3Leaning Right4Center3Last UpdatedBias Distribution40% Right
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L 30%
C 30%
R 40%
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