- The US dollar index has been increased in the midst of US-China trade prospects.
- Trump confirmed that trade negotiations with China continue, but there are no direct talks this week.
- Trump confirmed that he would not try to replace Feditol Jerome Powell in May 2026 before the end of his term.
The US Dollar Exist (DXY), which measures the US dollar (USD) to six main currency baskets, tries to recover after opening the gap. Dxy trades near 99.80 at the time of writing. Greenback is under pressure during the growing speculation of US-China trade prospects. Later, at the North American session, traders will pay attention to the PMI of the US ISM services for further market tips.
Over the weekend, US President Donald Trump confirmed that there were trade negotiations with China, although he explained that this week there was no direct talks about Chinese President Xi Jinping. On Friday, the Chinese Ministry of Commerce announced that it would review the US proposal to continue the trade discussions.
Trump's recent comments on tariffs are also in market interest, especially from US companies weighing in China. Speaking on Sunday, Trump admitted the economic consequences of high tariffs, saying: “At some point I intend to humiliate them, otherwise you could never do business with them and they want to do a lot of business.”
In monetary policy, Trump confirmed that he was not trying to replace the Federal Reserve (Fed) Chairman Jerome Powell before his term of office in May 2026. Although he criticized Powell as a “complete”, Trump repeated his opinion that interest rates should eventually be reduced. According to a separate political announcement, Trump said he would direct the US trade representative and the trade department to start a 100% tariff introduction process for foreign products.
On the front of the data, Friday's US Non -Farm's Payroll (NFP) report showed that the economy added 177,000 jobs in April, exceeding 130,000 forecasts, but compared to 185,000 in March. The unemployment rate remained permanently 4.2%, while the average profit for hourly rates increased by 3.8%over the year, which corrected at the pace of the previous month.
US Dollar Price Today
The table below shows the percentage of the US dollar (USD) on the main currencies listed today. The US dollar was the strongest of the euro.
| Dollar | EUR | Gbp | Jpy | Kadi | Audio | Nzd | Chf | |
|---|---|---|---|---|---|---|---|---|
| Dollar | 0.10% | -0.20% | -0.27% | 0.08% | -0.30% | -0.38% | 0.09% | |
| EUR | -0.10% | -0.03% | -0.10% | 0.25% | -0.13% | -0.21% | 0.26% | |
| Gbp | 0.20% | 0.03% | -0.31% | 0.28% | -0.10% | -0.18% | 0.29% | |
| Jpy | 0.27% | 0.10% | 0.31% | 0.35% | -0.02% | -0.03% | 0.46% | |
| Kadi | -0.08% | -0.25% | -0.28% | -0.35% | -0.68% | -0.46% | 0.00% | |
| Audio | 0.30% | 0.13% | 0.10% | 0.02% | 0.68% | -0.08% | 0.41% | |
| Nzd | 0.38% | 0.21% | 0.18% | 0.03% | 0.46% | 0.08% | 0.46% | |
| Chf | -0.09% | -0.26% | -0.29% | -0.46% | -0.01% | -0.41% | -0.46% |
The heat card shows the percentage of the main currencies relative to each other. The basic currency is selected from the left column, but the quote currency is selected from the upper row. For example, if you select the US dollar left column and move the horizontal line to the Japanese yen, the percentage change in the box marks the USD (base)/JPY (quote).
