The US dollar (USD) continues to consolidate in calmer ranges. The president of the USA, Donald Trump, suggested on Monday that more concessions could be possible for car pieces that face 25%tariffs, saying that he was ‘considering something to help automotive companies,’ says the head of FX of Scotiabank, Shaun Osborne.
Usd stable to low down but maintains a weak tone
“No more details were offered, but the comments continue to the rapid elimination of reciprocal tariff The pharmaceutical industry would arrive in the near future, since the US launches research on medications and semiconductor imports and China today ordered a pause in the Boeing airplanes deliveries. “
“Commercial tensions remain high and uncertainty about economic perspectives persists, but global actions are firmer for now with the hope of more tariff concessions. The bonds are mostly down. The USD is mixed on the day until now. The NZD, GBP and AUD are leading (moderate) profits between the currencies of the G10, while the EUR and Chf are slightly slight. Feeling and position have become against the USD, there seems to be a wide margin so that the trend is still developed. “
“The graphics suggest that the DXY is consolidating recent losses through a lower triangle in the intra -graphic, possibly before more losses. The trend momentum signals are aligned bassists for the DXY in a variety of time frames, which implies a limited potential for the index to recover in the short term at least, and a continuous pressure in the market IntradÃa is at 99.40, the resistance is 99.90.
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.
