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“Sell America” trade winds down
Markets rallied after a 90-day US-China tariff cut boosted sentiment, but the dollar later dipped as soft inflation data fuelled speculation of Fed rate cuts.
Deal or no deal?
US-China trade talks lifted sentiment, strong US payrolls kept the Fed on hold, and the BoE delivered a hawkish cut. A sharp USD/TWD move raised eyebrows midweek, but the dollar ultimately finished stronger.
Global FX Outlook for May: Tariffs and a changing dollar
Download this month’s Global FX Outlook to uncover the key FX trends and market signals shaping the month ahead.
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