These is what you need to know to operate today Thursday April 24:
He US Dollar (USD) He stands firm in front of his peers early on Thursday after registering profits for two consecutive days. The weekly figures of initial applications for unemployment subsidy, the requests for durable goods and the sales data of existing housing in March will be included in the US economic calendar. Investors will continue to evaluate the latest developments around the commercial conflict between the US and China and pay special attention to the comments of the central bankers.
US dollar price this week
The lower table shows the percentage of the US dollar change (USD) compared to the main currencies this week. The US dollar was the strongest currency against the Swiss Franco.
USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
---|---|---|---|---|---|---|---|---|
USD | 0.31% | 0.12% | 0.33% | 0.00% | 0.11% | -0.62% | 1.22% | |
EUR | -0.31% | -0.34% | 0.00% | -0.33% | -0.39% | -0.96% | 0.88% | |
GBP | -0.12% | 0.34% | 0.51% | 0.00% | -0.05% | -0.62% | 1.23% | |
JPY | -0.33% | 0.00% | -0.51% | -0.34% | -0.34% | -0.82% | 0.92% | |
CAD | -0.01% | 0.33% | -0.00% | 0.34% | -0.01% | -0.62% | 1.24% | |
Aud | -0.11% | 0.39% | 0.05% | 0.34% | 0.00% | -0.56% | 1.28% | |
NZD | 0.62% | 0.96% | 0.62% | 0.82% | 0.62% | 0.56% | 1.89% | |
CHF | -1.22% | -0.88% | -1.23% | -0.92% | -1.24% | -1.28% | -1.89% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the US dollar of the left column and move along the horizontal line to the Japanese yen, the percentage change shown in the box will represent the USD (base)/JPY (quotation).
The Wall Street Journal reported on Wednesday that the White House was considering reducing tariffs on Chinese goods to descale the commercial conflict. Later on the day, the United States Treasury Secretary Scott Besent said that President Donald Trump has not offered unilaterally reducing tariffs on China, but said that current levels of tariffs are not sustainable for either of them, adding that it would not be surprised if they were reduced in a mutual way. The main Wall Street indices closed the day decisively up on Wednesday and the USD index closed in positive territory. Meanwhile, US data showed that the business activity of the private sector continued to expand, although at a slower pace in April, with the PMI composed of global S&P falling to 51.2 from 53.5. In the first hour on Thursday, the futures of the US stock market rates are quoted slightly down and the USD index consolidates their profits around 99.50.
After the strong fall on Tuesday, the EUR/USD He remained stable during the first half of the day on Wednesday before losing his position during American negotiation hours. After losing almost 1% in the day, the EUR/USD performs a technical correction and quotes in positive territory around 1,1350 in the European morning on Thursday. Germany feeling data will be closely observed by investors later in the session. Several policy responsible for the European Central Bank (ECB) will also offer speeches.
He GBP/USD He extended his fall on Wednesday and recorded his lowest daily closure in a week below 1,3250. The torque advances slightly in the first European session, but remains below 1,3300. When speaking at an event of the International Monetary Fund (IMF), the governor of the Bank of England (BOE), Andrew Bailey, said the Central Bank must take the risk for economic growth derived from the interruption of global trade.
He Gold He failed to shake the bearish pressure on Wednesday and lost more than 2.5% in the day. After falling to $ 3,260, the Xau/USD recovered its traction and claimed $ 3,300. At the time of publication, precious metal quoted around $ 3,320, rising approximately 1% in the day.
He USD/JPY He acquired bullish impulse and won more than 1% on Wednesday. The pair corrects down and listed below 143.00 in the European morning on Thursday. In Friday’s Asian session, market participants will pay special attention to the data of the Tokyo consumption price index for April.
Commercial War between the US and China Faqs
In general terms, “Trade War” is a commercial war, an economic conflict between two or more countries due to the extreme protectionism of one of the parties. It implies the creation of commercial barriers, such as tariffs, which are in counterbarreras, increasing import costs and, therefore, the cost of life.
An economic conflict between the United States (USA) and China began in early 2018, when President Donald Trump established commercial barriers against China, claiming unfair commercial practices and theft of intellectual property by the Asian giant. China took retaliation measures, imposing tariffs on multiple American products, such as cars and soybeans. The tensions climbed until the two countries signed the Phase one trade agreement between the US and China in January 2020. The agreement required structural reforms and other changes in China’s economic and commercial regime and intended to restore stability and confidence between the two nations. Coronavirus pandemia diverted the attention of the conflict. However, it is worth mentioning that President Joe Biden, who took office after Trump, kept the tariffs and even added some additional encumbrances.
Donald Trump’s return to the White House as the 47th US president has unleashed a new wave of tensions between the two countries. During the 2024 election campaign, Trump promised to impose 60% tariff particularly in investment, and directly feeding the inflation of the consumer price index.
Source: Fx Street

I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.