The dollar is heading to record a decrease for the third consecutive week after customers have increasingly believed that the tumultuous talk about customs duties at the beginning of the second term of Donald Trump was often only threats.
On Thursday, the dollar index touched its lowest level in 2025 at 106.29 points. In the latest trading today, it reached 106.50 points.
The dollar incurred extensive losses amid a distance from investors who built large centers in anticipation of a commercial war, in light of Trump’s dodging over customs duties.
Trump imposed an additional 10% additional customs duties on Chinese goods, and announced plans to re -impose steel and aluminum fees, but he suspended drawings that were threatened to impose on Canada and Mexico.
Many other fees have not yet come out of the scope of threats.
Jason Wong, the economist of BN Z, said it is “a completely one trade trade … some of these dealers have lost patience because the only thing he did is to impose 10% customs duties on China, and thus the market withdraws some of these money from the table.” .
Performing major currencies against the dollar
- The yen penetrated the level of resistance of 150 against the dollar last night, and continued to rise to 149,285 against the dollar, and Japanese government bonds witnessed sales after the basic inflation recorded the highest level in 19 months in January, which sparked expectations to raise interest rates.
However, the yen declined sharply and the bond returns decreased after the Governor of the Bank of Japan, Kazo Oida, said that the central bank may increase its purchases of government bonds if the long -term interest rates increased.
The Eleen rose 3.2% against the dollar since the beginning of February, amid expectations to raise interest rates of 25 basis points in Japan by next September.
- The euro increased 0.8% during the night and settled in Asian transactions at $ 1.0493 amid anticipation of traders for the elections scheduled in Germany early week. Opinion polls indicate the victory of the conservative coalition.
- The New Zealand dollar touched $ 0.5772 this morning.
- The Australian dollar penetrated the level of 64 cents for the first time this year and touched the level of $ 0.6409.
- The yuan settled in foreign transactions at 7,2456 of the dollar today, Friday.
- The pound touched the highest level since mid -December at $ 1.2674.
Gold is a little bit
Gold prices decreased today, Friday, but are heading to record gains for the eighth week in a row, against the backdrop of record levels in two consecutive sessions, taking advantage of the demand for safe haven amid fears of US President Donald Trump’s plans for customs duties.
Gold fell in instant transactions 0.3% to $ 2932.6 an ounce by 11:39 GMT.
The precious metal rose 1.5% this week and its highest level ever recorded at $ 2954.69 yesterday.
US gold futures fell 0.4% to $ 2945.5.
Gold is usually seen as a way to hedge in times of geopolitical risks and inflation.
Prices broke down standard levels of high twice this week to exceed 2950 dollars an ounce, because the uncertainty surrounding global economic growth and political instability has highlighted investors ’demand to buy gold, which rose 11.5% since the beginning of 2025.
Earlier this week, Trump said that he would announce new customs duties during the next month or perhaps before that, and the woods added to plans that he had previously announced to impose fees on car imports, semi -conductors and medicines.
“Gold showed strength with short -term corrections, because the continuation of uncertainty about US trade enhances its attractiveness as a way to hedge,” said Yip Rong, a market expert at IG.
