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Dollar Gains on President Trump’s Softer Tone on Trade and Fed Independence

Foreign Exchange & Fixed Income

Rich Asplund

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April 23, 2025

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Barchart

The dollar index (DXY00 ) today is up by +0.57%. The dollar is climbing today due to an easing of the harsh trade rhetoric against China after President Trump said he plans to be “very nice” to China in any talks and that tariffs will drop if the two countries...

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