- The American dollar index stretches with the enhance in risk moods thanks to the latest tariff movement of President Trump.
- The White House has just given car manufacturers in Mexico and Canada a monthly pass to novel 25% import tariffs.
- Data on work in the USA was disappointed – the change in employment ADP in ADP showed only 77 thousand. New jobs, well below the 140,000 forecast.
The American dollar index (DXY), which measures the American dollar (USD) compared to the six main currencies, trades around 104.00 on Thursday in European hours. DXY is expanding its loss to the fourth day in a row among better risk moods, directed by another change in the tariff strategy of the US President Donald Trump.
On Wednesday, the White House announced a transient one -month release from car manufacturers in Mexico and Canada from the newly applied 25% of import tariffs. In addition, Trump is considering excluding some agricultural products from tariffs for both countries, according to Bloomberg reporter on X.
President Trump also stated in a post in social media that he cooperates with House Republicans on a constant resolution on government financing until September, as Reuters reports.
March Beige Book (Fed) of the Federal Reserve has an additional meaning as the fears of Trump’s economic impact. Signs of burden appear in the American economy before the full implementation of these funds.
Greenback remains under pressure for fear of slowing down the American economic rush. The change in employment in the US in February recorded only 77 thousand. New jobs, there is a significant lack of 140,000 forecast and the number of 186 thousand falling well below the January. In addition, the PMI production of ISM in the US brought 50.3, slightly under the forecast 50.5 and fell from 50.9 January.
Traders are now focusing on the Friday report on American payroll lists (NFP), which is to show a slight reflection of employment growth, and the forecasts indicate an enhance of up to 160,000. In February, compared to 143 thousand
The price of the American dollar today
The table below shows a percentage change in the US dollar (USD) compared to the main vital currencies. The American dollar was the weakest in relation to Japanese yen.
| USD | EUR | GBP | JPy | BOOR | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.08% | 0.03% | -0.46% | 0.10% | 0.15% | 0.02% | -0.14% | |
| EUR | 0.08% | 0.12% | -0.37% | 0.18% | 0.23% | 0.10% | -0.06% | |
| GBP | -0.03% | -0.12% | -0.46% | 0.07% | 0.12% | -0.01% | -0.17% | |
| JPy | 0.46% | 0.37% | 0.46% | 0.55% | 0.61% | 0.45% | 0.32% | |
| BOOR | -0.10% | -0.18% | -0.07% | -0.55% | 0.06% | -0.08% | -0.24% | |
| Aud | -0.15% | -0.23% | -0.12% | -0.61% | -0.06% | -0.13% | -0.29% | |
| NZD | -0.02% | -0.10% | 0.01% | -0.45% | 0.08% | 0.13% | -0.15% | |
| CHF | 0.14% | 0.06% | 0.17% | -0.32% | 0.24% | 0.29% | 0.15% |
The heat map shows percentage changes in the main currencies towards each other. The basic currency is collected from the left, and the quote currency is collected from the upper order. For example, if you choose an American dollar on the left column and move along the horizontal line to Japanese Jen, the percentage shift displayed in the field will represent USD (base)/JPy (quote).
