The US dollar has settled near the level of 99.20, despite a slight decline today, but it is recording some gains this week as concerns about the independence of the Federal Reserve have subsided and some trade tensions between the United States and China have dissipated, against the background of statements by former US President Donald Trump.
Trump confirmed on Tuesday that he does not intend to fire Fed Chairman Jerome Powell, and also hinted at the possibility of easing tariffs on Chinese goods.
However, the positions of his previous administration indicate a preference for policies that support a less strong dollar, with the expectation that Trump's capricious approach to economic policy will continue.
On the other hand, US Treasury Secretary Scott Besant stressed that the current trade dispute with China is unsustainable, reflecting a possible desire to ease tensions.
Forecasts suggest that the conflict between President Trump's unpredictable policies and the reality of slowing growth amid weak risk appetite may limit the clarity of vision in the near term.
