The US dollar is strengthened despite the precaution of food as the price of merchants in aggressive cuts

Trump softens the tariff posture

On Friday he continued to win against all his main counterparts, closing his first week of profits this month, mainly driven by the Fed decision, where political leaders did not rush at more lower interest rates.

The new plot of the DOT continued to point out two reductions in the quarterfinals for the end of the year and, nevertheless, the investors are in pencil in around 70 pbs in reductions, perhaps since they are still concerned about the effect of Trump’s tariff policies on the largest economy in the world. That may be the reason why the dollar began this week in a weak base against most other important currencies.

The next Round of Rates must be delivered on April 2, when the Trump administration will announce reciprocal tariffs. However, Sunday’s reports said the United States government is planning a closer and more specific agenda than was indicated above.

Although Trump warned that it will go to industries such as cars, pharmaceutical products, semiconductors and basic products, weekend reports indicated that instead of wide levies throughout the industry, it will focus only on nations that have important commercial imbalances with the United States. According to reports, these countries represent 15% of the US business partners, according to reports, a group called the “Dirty 15”.

S&P Global PMIS on today’s agenda

In addition to the headlines surrounding Trump’s commercial policies, it is likely that dollars of dollars today will observe the preliminaries for March, as well as a speech by the president of the Fed of Atlanta, Raphael Bostic.

PMIs can offer a first look at how tariffs have already impacted the US economy. The additional weakening in economic activity could revive the fears of recession and the US dollar could be a sales pressure, even if Bostic reiterates its previously expressed opinion that it is unlikely that the Fed has enough clarity to move before the end of spring or summer.

Euro Rally runs out of steam, compound PMI Misses

They saw a negative week after 15 days of strong profits. The common currency rose to its maximum since the beginning of October promoted by optimism about Germany’s decision to loosen tax limitations. That said, the real debt brake ratification resulted in a setback in a classic market response to “buy the rumor, sell the fact.”

Taking into account that the news of the German budget was the main catalyst behind the euro rally, it can be difficult for the bulls to find enough reasons to climb higher and overcome the resistance of 1,0950 against the US dollar, especially after the preliminary compound for March, it lost its prognosis today, unless the green support will go to the pressure sold due to the recession pressure.

Yen merchants do not pay attention to the aggressive comments of UEDA

In Japan, Governor Ueda today told Parliament that he and his colleagues are still committed to increasing interest rates if central inflation approaches their objectives, regardless of possible losses in their government bond holdings.

According to Japanese swaps (OIS) during the night, investors are assigning a 25% probability for a May increase, with that percentage increasing to 50% in June. However, Yen continued to slide. Perhaps merchants want more concrete clues about when the BOJ plans to reach the target walk button again.

Wall Street is bouncing, but the bullish case is still premature

In Wall Street, the three main indexes closed slightly in Green on Friday, with Nasdaq winning more, perhaps due to the feeding of the fears of the Fed on a recession in the United States. Today, the futures market points to higher profits, probably due to the reports that the president of the United States, Trump will reduce the rates that are expected to arise in force on April 2.

However, arguing that the worst is over can be a premature conclusion. Trump has demonstrated how unpredictable it is, while the data could reinforce the notion that the US economy is losing impulse. You cannot rule out another round of risk aversion as soon as this week cannot be ruled out.