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Trump once again considers "relaxation" the dollar hovering around the 100 mark
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Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Trump once again considers "relaxing" the US dollar hovering around the 100 mark." Hope it will be helpful to you! The original content is as follows:
On April 15, early trading in the Asian market on Tuesday, Beijing time, on Monday, the US dollar index hovered around the 100 mark. Although it once returned to above the 100 mark during the session, it failed to stand firm and finally closed down 0.15% to 99.7. The yield on U.S. Treasury yields declined, with the benchmark 10-year U.S. Treasury yields closed at 4.378%; the yield on two-year U.S. Treasury, which is more sensitive to monetary policy, closed at 3.858%. The White House has exempted some high tariffs on some smartphones and xmaccount.computers, and market risk sentiment has improved. Spot gold fell back, falling more than 1% during the session and fell below the $3,200 mark, but then recovered some of the lost ground and finally closed down 0.85% at $3,210.38 per ounce. Spot silver fluctuated around $32 and finally closed up 0.17% at $32.32 per ounce. The two oils rose slightly, and WTI crude oil once returned to above $62 during the session, but then gave up most of the intraday gains, and finally closed up 0.32% to $61.13 per barrel; Brent crude oil closed up 0.43% to $64.51 per barrel.
Analysis of major currencies
Dollar Index: As of press time, the US dollar index hovers around 99.96. The U.S. dollar index has continued its downward trend for the third consecutive trading day due to the escalation of the trade war between the United States (US) and China. Meanwhile, the deanning of consumer inflation expectations that U.S. importers will bear higher tariff burdens also xmaccount.complicates the Fed's job of maintaining price stability and full employment. From a technical point of view, if the U.S. dollar index climbs above the resistance level of 100.20–100.40, it will be below the 101.70–101.90 range if it climbs above the resistance level of 100.20–100.40A resistance level moves.
Analysis of gold and crude oil market trends
1) Analysis of gold market trends
On Tuesday, gold trading around 3211.88. Gold prices surged and fell on Monday, falling back after a record high of 3245.51 earlier in the session, closing down 0.85% to $3210.39 per ounce as risk sentiment improved after the White House exempted high tariffs on electronic products from most countries.
2) Analysis of crude oil market trends
On Tuesday, crude oil trading around 61.29. Crude oil prices are still fluctuating within the range and lack clear directional momentum. At $63.70 orUntil a clear stimulus of demand emerges, the outlook remains bearish. In the short term, the oil price trend may still be limited to the current range, and the downward pressure will gradually increase.
Forex market trading reminder on April 15, 2025
14:00UK unemployment rate in March
14:00UK unemployment benefit applicants in March
14:00UK March
14:45France March CPI final value
16:00IEA released its monthly crude oil market report
17:00Germany April ZEW economic prosperity index
17:00Eurozone April ZEW economic prosperity index
17:00Eurozone February industrial output monthly rate
20:30Canada The monthly rate of March CPI
20:30 US New York Fed Manufacturing Index in April
20:30 US March import price index in March
The next day, the president of the European Central Bank and the president of the European Council held a dinner
The next day, the 04:30 US to the week of April 11
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