After Trump hinted that the softer position of China's tariffs, the US dollar fell

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After the US President Donald Trump put forward a softer position on Chinese tariffs and called for a decline, the US dollar reduced the low of a basket of currencies.

In Trump, he “would rather not” triggered China by tariffs, and the US dollar index fell to the minimum level since mid -December.

He also said that he knew it was “much better” than the Federal Reserve and hoped to see them “a lot”.

In recent months, the euro has declined sharply, jumping by 0.7 % to $ 1.049, and the weekly earnings since November, while Sterling has risen by 0.6 % to $ 1.243.

Lee Hardman, a senior monetist strategist of MUFG, said: “The main driving force of the US dollar strength reversal this week is the concerns of investors' concerns about global trade.” In China overnight, in China.

He said: “At the same time, the decline in the US (bond) yields encouraged the dollar correction.”

The line diagram of the index, $ shows the recent high dollar decline, because Trump requires lower interest rates

The fund manager said that the toughness of the pressure of the new president of the United States is the core theme of this year.

BNP Paribas Asset Management, Olivier Dlarlyouzière, Chief Investment Officer of Global Fixed Income, said: “The Fed will be under tremendous pressure on the Federal Reserve.”

He added that in the next few quarters, investors have “sufficient reasons” to start to rise in 2026, so the market will “closely monitor” the Fed's communication in the next few months to view Trump Whether the remarks stop this tightening bias.

Trump's remarks were a few days before the Federal Reserve's first policy meeting during the government.

However, since the beginning of October, the market has been betting on, and Trump's proposed trade tariffs and tax cutting proposals will promote the inflation rate and promote the Federal Reserve to prolong the longer interest rates.

After three consecutive cuts since September, the Central Bank of the United States is generally expected to keep interest rates at 4.25 % to 4.5 %. After Trump delivered a speech, this year's market price is slightly higher than earlier. Their pricing completely decreased by July at a rate of 0.25 percentage points.

Although the US president has worked hard to reduce the efforts of monetary policy, some investors believe that the central bank's further reduction space will be limited, and it is expected that the US dollar will continue in recent months.

The asset manager of PIMCO $ 2TN, the asset manager of the chief investment officer Dan Ivascyn, told the Financial Times this week that the Fed is preparing to maintain interest rate holdings in the “foreseeable future”, which can even increase the cost of borrowing.

Analysts at Brown Brown Brothers Harriman said that the Fed “has almost no further policy space, which is the support of the dollar.”

After Trump's comments, Asian currencies, including the yen and Indian rupees, strengthened the US dollar. The Chinese RMB at sea rose 0.5 % to $ 1, the highest level since late November.

In early January, Chinese currency violated the level of 7.30 because traders were positioned because of tariffs on the impact of Chinese exports to weaken currency, but since Trump's inauguration, it has been strengthened.