He global dollar It was strengthened on Tuesday since the operators weighs tariff concerns, geopolitical uncertainties for the stagnant peace negotiations between Russia and Ukraine, as well as the road to feat cuts in USA.
He dollar indexwhich measures its performance against six other main currencies, rose 0.3% to 107.08, not far from the minimum of two months of 106.56 played on Friday, Reuters reported.
The operators were attentive on Tuesday to the conversations aimed at ending the War in Ukrainewhile American and Russian officials met in the capital of Saudi ArabiaRiad.
Ukraine, who does not attend the conversations, says that no peace agreement cannot be reached in his name.
“The dollar will remain a source of security amid uncertainty and what seems like a chaotic attempt to end a very tragic and expensive conflict,” he said Juan Pérez, Monex USA operations director in Washington.
He euro 0.4% to $ 1.0447 fell. The single currency rose last week as optimism about the perspectives of a peace agreement between Ukraine and Russia. Meanwhile, the pound sterling 0.1% fell to $ 1,2611.
“The markets will remain attentive to any evolution of bilateral conversations between the United States and Russia about Ukraine,” said Francesco Pesole, a bullfight of foreign exchange of ING.
“But, unless there is an important advance, the optimistic impulse can stagnate or fade in the next few days and the dollar can continue to recover some land,” he added.
The attention of investors this week also focuses on the publication on Wednesday of the minutes of the meeting of the American Federal Reserve (FED) January, which can show how political leaders have taken into account the risk of a broader tariff war resulting from the president’s commercial policies Donald Trump.
“The uncertainty about commercial policy is at a record level … and since the labor market is solid, there are no convincing arguments to cut the rates imminently,” said the strategists of Anz In a note.
Anz now expects that the feat cuts resume in the second half of 2025, with additional flexibility of 75 basic points. However, markets only foresee 40 basic points cuts for this year.
On the other hand, the dollar rose 0.3% to 151.95 yen Before he cut their profits after the data showed that the confidence of housing builders in the United States fell to a minimum of five months in February due to concerns that tariffs would combine with higher mortgage rates to further increase costs of housing.
Source: Ambito
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