The global dollar operates stable waiting for signals on the direction that the Fed will take in the Trump era

The global dollar operates stable waiting for signals on the direction that the Fed will take in the Trump era

He global dollar stabilized Wednesday waiting for the monetary policy decision of The United States Federal Reserve (FED)with investors attentive to clues about how much interest rates could fall this year.

The expectations that commercial policies of the president Donald Trump They could boost the growth of the United States, but also increase the inflationled the markets to bet on higher interest rates for longer in the period prior to the inauguration, which strengthened the dollar.

He dollar indexwhich measures the value of this currency in front of a basket of six other important currencies, rose 0.1% to 108, Reuters reported.

The index played a minimum of one month on Monday at 106.96 in the middle of a global liquidation of technological actions after the presentation of low -cost Chinese intelligence Deepseek and a race towards safe refuge coins such as Yen and the Swiss Franco. However, it has risen more than 4% from the US elections in November.

Monetary markets expect the Central Bank to maintain rates, while Fed officials evaluate how Trump’s economic agenda can affect rigid inflation and trends in solid growth.

But investors will be attentive to any clue of the president of the Fed, Jerome Powellon whether a feature cut could occur soon if inflation approaches the annual objective of 2%.

The markets already take into account in their prices two cuts of 25 basic points by the Federal Reserve this year, but do not expect the first flexibility until June.

He euro 0.15% fell to $ 1,0416, while the pound sterling It did 0.1% to $ 1,2428.

He yen It was strengthened, leaving the dollar with a drop of 0.2% in the day to 155.22, after giving up some of this week’s safe refuge profits on Tuesday.

Although tariffs did not materialize Trump’s first day in office, attention has focused on Saturday, when the US president is expected to impose 25% tariffs Canada and Mexicoand uncertainty persists in commercial policy.

“Political uncertainty remains extremely high and … it is difficult Pepperstone.

Source: Ambito

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