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Dollar Gains on Hopes of De-Escalation of US-China Trade Conflict

Foreign Exchange & Fixed Income

Rich Asplund

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April 25, 2025

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Barchart

The dollar index (DXY00 ) today is up by +0.25%. The dollar is trading higher today in hopes of de-escalating the US-China trade war. Bloomberg reported that the Chinese government is considering suspending the 125% tariffs on some US imports, including medical equipment and industrial chemicals like ethane. The dollar...

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