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Dollar Sinks and Gold Jumps on Rising US Trade Tensions

Foreign Exchange & Fixed Income

Rich Asplund

·

June 2, 2025

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Barchart

The dollar index (DXY00 ) today is down by -0.67% at a 1-1/4 month low. Escalation of US-China trade tensions has led to a selloff of the US dollar after China accused the US of violating their recent trade deal by unilaterally introducing new discriminatory restrictions. Also, dovish comments from...

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