U.S. Dollar Weakens On Tariff Outlook
25 Mars 2025 - 4:32PM
RTTF2
The U.S. dollar declined against its major counterparts in the
New York session on Tuesday amid optimism about some tariff
exemptions by the Trump administration.
Trump said at an event on Monday that he "may give a lot of
countries breaks" on reciprocal tariffs that are set to take effect
April 2nd.
However, Trump also said he plans to impose tariffs on the
automotive and pharmaceutical industries in the "very near future"
and later added the lumber and semiconductor industries to his list
of targets.
Trump's shift in tariff plans eased concerns over broader
economic fallout and boosted risk sentiment.
Data from the Conference Board showed that consumer confidence
in the U.S. deteriorated by more than expected in the month of
March.
The Conference Board said its consumer confidence index tumbled
to 92.9 in March from an upwardly revised 100.1 in February.
Economists had expected the consumer confidence index to slump
to 94.2 from the 98.3 originally reported for the previous
month.
The greenback fell to 149.54 against the yen, 0.8800 against the
franc and 1.0829 against the euro, from an early fresh 3-week high
of 150.94, 8-day high of 0.8848 and nearly a 3-week high of 1.0776,
respectively. The currency is poised to challenge support around
147.00 against the yen, 0.87 against the franc and 1.10 against the
euro.
The greenback dropped to a 1-week low of 1.4271 against the
loonie, 5-day low of 0.6325 against the aussie and a 4-day low of
0.5750 against the kiwi. The currency may challenge support around
1.38 against the loonie, 0.65 against the aussie and 0.60 against
the kiwi.
The greenback edged down to 1.2966 against the pound. If the
currency falls further, it is likely to test support around the
1.31 region.
NZD vs US Dollar (FX:NZDUSD)
Graphique Historique de la Devise
De Mar 2025 à Avr 2025
NZD vs US Dollar (FX:NZDUSD)
Graphique Historique de la Devise
De Avr 2024 à Avr 2025
