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Currencies: Traders assess the impact of the tariff wave on the dollar

19/09/2025
Categories: Economy/Forex

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In the broader currency market, traders assess the long-term economic impact on the dollar, of the Wave of tariffs imposed by the Trump administration on goods imported from abroad and a wider reorganization of the development of policies.

The euro lost 0.1% to $1.1777, reducing His earnings the week after hundreds of thousands of people had participated in protests against austerity across France on Thursday.

The dollar index gained 0.1%, se recovering slightly from a low of three and a half years on Wednesday after the Fed cut rates by 25 basis points but said it was not eager to quickly reduce borrowing costs in the coming months.

Against the yen, the dollar rose by 0.1% to 148,085 yen after previous data showed that prices at the Basic consumption in Japan grew at their slowest pace in nine months.

The pound sterling was at $1.3555, in down 0.1% since the start of the day, after the Bank of England kept interest rates unchanged and slowed the pace of its program of reducing its stock of government bonds on Thursday.

Kiwi fell slightly by 0.1% to $0.5875, extending its losses after its biggest drop in one day Since April Thursday, following the grim GDP data of the second quarter.

The offshore yuan was trading at 7.1143 yuan per dollar, down 0.1%, while the Australian dollar reached $0.6601, down 0.2%.

At 04:04 GMT, the onshore yuan was in rose 0.02% to 7.1117 per dollar, while its offshore counterpart was down by about 0.01% in Asian trade to 7,1101.

Cash yuan is allowed at trade 2% on each side of the fixed midpoint each day.

They expect the yuan to trade to 7.08 per dollar at the end of 2025 and to 7.0 at the end of 2026, compared to 7.2 and 7.08 respectively in a previous forecast.

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