The dollar includes a volatile week with a strong performance by supporting Trump -Dead fees

The US dollar has risen amid a renewed state of uncertainty over President Donald Trump’s plans to impose customs duties, ending a volatile week in the foreign exchange markets, affected by the news addresses associated with the trade during the first days of management. The dollar’s Bloomberg index rose 0.4% immediately yesterday, while global currencies fell before the US currency, after Trump indicated that this week will announce customs duties, such as commercial partners who impose fees on US exports, without specifying the target countries. The dollar regained its losses during the week after Canada and Mexico announced the postponement of the imposition of customs duties for a month. “We are in a period when statements and news addresses associated with customs domains will affect the markets,” says Brendan McCain, a strategic expert on the market at Wales Vargo Bank in New York. The dollar against the major currencies fell all the currencies of the group of the ten major countries on the US dollar yesterday. The Japanese yen decreased after abandoning its previous profits during the session, after Trump’s statement separately that the imposition of fees on Japan is still an option. Both the euro and the Swiss franc led the wave of refuge within the currency group. Read more: Investors push to the dollar as a safe haven after Trump’s customs fees in emerging economies, the currencies of Eastern European countries and the Brazilian Riyal were one of the most falling. The inventory index in emerging markets – he focused a lot on Asia – has reduced its profits after the news related to customs duties, but it is still on its way to achieving profits for the fourth week in a row. “A word has a specific meaning, but we know that Trump is using terms loosely. Anyone who believed that customs duties are only at the end of the grant for Canada and Mexico, he must now take short precautions,” said Jordan Rothschest, head of the fixed income unit, Currencies and Basic Commodities by Mizuho Bank. Last Monday, currency traders faced a new reality for the trade war after the Trump administration announced that they would impose a 25% fee on the goods from Canada and Mexico, but it soon withdrew this decision after the two neighbors announced a month’s postponement. In contrast, 10% of customs on Chinese goods still stand. The increase in purchasing the green paper The Bloomberg index is currently spreading for the immediate dollar at a level of less than 0.5% during the week, and withdraws from the highest level since 2022, in light of postponing the setting of fees on Canada and Mexico. Nevertheless, the investment centers in the markets of the derivative contracts are still intensely in favor of buying the US dollar. Read more: The dollar is recovered after the clarity of Trump -Dubians. The speculators are currently maintaining $ 3.7 billion shopping centers, according to the latest data from the Future Contract Committee for Basic Commodities, a level near the highest peak that has seen since 2019. The committee was scheduled to issue its latest data, ending the week that was last Tuesday, Friday afternoon New York. “Trump is actually executed by everything he said he would do, it’s supposed to support the power of the US dollar in the future,” said Wayne Thin, head of the World Market Strategy Unit at Brown Brosz Hariman & Co.