- The US Dollar trades a little lower after the news of the further alleviation of tariff fears before the main edition of the non -farming non -agriculture payroll.
- China announced that it was considering starting tariff negotiations with the Trump administration.
- The US dollar is over 100.00 below the US main data.
The US Dollar EXC (DXY), which monitors the US dollar (USD) performance of six main currencies, is a certain rejection and returns to 99.75 marks over 100 markers at 99.75 on Friday. Greenback softens on the back of the headlines, which China is considering to start negotiations with the Trump administration. As the markets navigate the news of trade negotiations, they are still eagerly awaiting the real first official trade work.
In connection with the Ukrainian and Russia war, a mineral between the US and Ukraine, which is much lower in the United States capital potential, was signed, not Ukraine's military guarantees, Bloomberg said.
On the front of the economic calendar, the focus is not on April April. Expectations are still in terms of positive publication, with a lowest estimate of 50,000 and the highest estimate of 171,000.
Daily Digest Market Movers: Asian trade talks and NFP
- Japanese Finance Minister Katsunobu Kato said this Friday that Japanese debts are a means of negotiation with the Trump administration, explicitly raising its amplification for the first time as a mass creditor in the United States in his negotiations, Reuters said.
- In a Friday statement, the Chinese Ministry of Commerce said that it has stated that senior US officials repeatedly expressed their willingness to talk about Beijing's tariffs, and called on Washington officials to show off China's sincerity. The ministry added that “the US recently sent messages to China through the respective parties, hoping to start conversations with China” and “China is currently appreciating it”, Bloomberg reports.
- At 12:30 am GMT will be published in Farm's payroll report:
-
- The payroll printing is expected to be 130,000 compared to the previous 228,000.
- The unemployment rate is expected to remain stable 4.2%.
- The average monthly income of the month is expected to grow at a constant pace of 0.3%.
- The company's shares have taken over a positive tone and grow more than 1% in the day. US equity futures look slower.
- The CME Fedwatch tool shows the possibility of reducing the federal reserve interest rate at a 7.6% chance of 92.4% probability that there is no change. The June meeting has a 65.1% probability of cutting rates. Should non -agricultural payroll be a big blow at an estimated number, assume that the expectations of the interest rate reduction are unraveled, while Miss can see that June prices can even rise and even rise.
- The US 10-year return trades about 4.21%, deleting last weeks as softening, as traders are looking for clues to reduction for potential prices in the Federal Reserve.
US Dollar Index Technical Analysis: Time to break or reject?
The US dollar index (DXY) is at the technical level of the key this Friday, which was brought there after a three -day victory bar. Farm's payroll edition may be the key here for Friday, continuing the last three days and a definite break of over 100 handles. However, in the case of this favorable scenario, the technical rejection can reject DXY to the new three -year -olds to the lowest low.
Dxy's first obstacle is 100.22, which supported the DXY already in September 2024, a break from the 100.00 round level, which is a bullish signal. A definite recovery would be a return to 101.90, which acted as a pivotal level throughout December 2023 and again as a base for the inverted head and shoulders (H&S) formation in the summer of 2024.
On the other hand, 97.73 support was quickly tested with any important entry title. Below is a relatively thin technical support at 96.94 before looking at the lower level of this new price range. They would be 95.25 and 94.56, which means the freshest lowest, which has not been seen since 2022.
US Dollar Dex: Daily Chart
US-China Trade War of Trade War
In general, the trade war is an economic conflict between two or more countries due to one end of the extreme protectionism. This requires the creation of trade barriers, such as tariffs, resulting in counterattacks, increasing import costs and thus the cost of living.
The economic conflict between the United States (USA) and China began in early 2018, when President Donald Trump erected trade barriers to China, demanding unfair commercial practices and intellectual property theft of the Asian giant. China took durable measures by introducing tariffs for several US goods, such as cars and soybeans. The tensions escalated until two countries signed the US-China trade trade transaction in January 2020. The Agreement required structural reforms and other changes in China's economic and trade regime and pretended to restore the stability and trust of the two countries. However, the coronavirus pandemic took the concentration of the conflict. But it is worth noting that after Trump's office, President Joe Biden held the tariffs in his place and even added additional fees.
Donald Trump's return to the White House, as the US 47 president has created a fresh voltage wave between two countries. During the 2024 election campaign, Trump promised to introduce 60% of the tariffs after returning to China, which he made on January 20, 2025. Trump. The US-China Trade War is intended to continue where it was left and with a tati policy that affects the global economic landscape with global delivery, spent to reduce information about investment in terms of investment.
