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Dollar Rebounds on US Trade Deal Optimism

Foreign Exchange & Fixed Income

Rich Asplund

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April 22, 2025

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Barchart

The dollar index (DXY00 ) Tuesday rose by +0.65%. The dollar rallied moderately Tuesday and rebounded from Monday's 3-year low. Short covering emerged in the dollar Tuesday on trade deal optimism after US trade negotiators said they have made "significant progress" toward a bilateral trade deal with India following talks...

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