The US dollar (USD) is weaker while the futures of US shares fall in response to Treasury Secretary Besent said that there is no concern for the recent volatility of the sharing market and President Trump said that reciprocal and sectoral tariffs will be announced on April 2, apparently increasing the tariff commitment once again. It was not clear from the comments if the reciprocal tariffs will be added in addition to the sectoral tariffs or not, says Shaun Osborne, Estratega Chief of FX of Scotiabank.
President Trump threatens reciprocal and sectoral tariffs on April 2
“The actions were well recovered on Friday, but these comments suggest that there is still an immense uncertainty ahead so that investors deal with and that there are few possibilities of a significant increase in appetite due to the risk for now. Futures of US shares are weaker in the current session. International investors may be carefully looking at the yields and assignments of the US. Slow around the US tariff action, since, from the elections, the USD, the US high -performance corporate bonds of the US and the actions have had a lower performance compared to the treasure bonds and other foreign assets. “
“Meanwhile, those responsible for politics in Europe and China are channeling policy efforts to provide more stimulus (China delineated plans to increase revenues and consumption earlier today). More weakness in the USD seems quite likely in the future. This is a week occupied for central banks, but many policy decisions are expected to be in unchanged rates (the Fed, the BOE, the BOJ, the BOJ, the BOJ, the BCH, the BC. Reduce 25 basic points while consensus awaits an increase of 100 basic points in the Senic rate of Brazil. “
“In the graphics, the DXY seems to be breaking the consolidation range that remained during most of the last week when the DXY rebounds were limited around 104.05/10. The losses of the index below 103.7 are bassists in the short -term graph and point to a key support test in 103.2; broader points still suggest a fall to the range of the range 100/102. “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
