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Barchart
Rich Asplund

Dollar Little Changed as Markets Await News from US-China Trade Talks

China United States BOJ World Bank Ueda ECB Holzmann Gold Inflation Japan

The dollar index (DXY00) today is down by -0.04%.  The dollar gave up an overnight advance and turned slightly lower after the World Bank cut its 2025 global growth outlook.  Also, lower T-note yields today have weakened the dollar's interest rate differentials.

The dollar today initially moved higher on signs of progress in the US-China trade talks.  On Monday evening, President Trump stated that the US was "doing well with China" and that he was "only getting good reports" on the talks.

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