The operators remain expectant due to indications on tariffs, in the previous one that will have several monetary policy decisions.
He global dollar It fell into a volatile session, since the currency continues to fight to find an address in the absence of concrete ads about tariffs of the brand new US president Donald Trump, who requested lower interest rates in the last hours.
He index dollar —That measures the performance of the green ticket in relation to a basket of six other currencies of international relevance – 0.19% fell to 108.06. Last Monday, meanwhile, it retreated 1.2% in its daily fall more pronounced since November 2023, since Trump’s first day in office brought with him an avalanche of executive orders, but no on tariffs.
He dollar He had risen to a maximum of more than two years of 110.17 on January 13 thanks to a strong American economy and the expectations of generalized tariffs in the United States, which could affect the coins of other countries. So far this week, Trump has proposed taxes of around 25% to Canada and Mexico, and 10% to China As of February 1. He also promised tariffs on European imports, without giving details.
“Until now, President Trump has adopted a less hostile approach than expected to China”, in the midst of more soft policies and tone than expected about tariffs, “he told Reuters Carol Kong, exchange strategist of the Commonwealth Bank of Australia. At the same time, “we are cautious (that) the feeling of risk is still fragile and can become quickly bitter if President Trump adopts a more aggressive tone,” he added.
On Monday, the US president signed a Commercial Memorandum which orders federal agencies to review a series of issues before April 1, that many market participants believe that it will be a key date to reveal tariff plans.
“It seems that the markets are more concerned with feat cuts and any type of greater indicator that there will be more feat cuts,” he said David Eng, Sonora Wealth Group investment advisor at Vancouver.
Decisions are come on rates worldwide
In parallel, a series of decisions of monetary policy of the central banks could move the coins during the next week, and it is widely expected that the Bank of Japan (BOJ) Upload interest rates at the end of a two -day meeting on Friday. Decisions on rates of Federal Reserve (Fed) and the European Central Bank (ECB) They are scheduled for Wednesday and Thursday next week, respectively.
For its part, the euro rose 0.14% to $ 1,0422, given the expectation that the ECB cuts the types in a quarter quarter next week.
Source: Ambito
