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Dollar Rallies as Trade Tensions Ease and Trump Says He Won't Fire Powell

Foreign Exchange & Fixed Income

Rich Asplund

·

April 23, 2025

·

Barchart

The dollar index (DXY00 ) Wednesday rose by +0.87%. The dollar rallied Wednesday 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 can reach...

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