Sub Banner Image

Dollar Soars and Gold Sinks on US-China Tariff Relief

Foreign Exchange & Fixed Income

Rich Asplund

·

May 12, 2025

·

Barchart

The dollar index (DXY00 ) Monday rallied sharply to a 1-month high and finished up by +1.48%. The dollar surged Monday after the US and China agreed to temporarily lower tariffs on each other's products. Also, Monday's jump in the 10-year T-note yield to a 4-week high strengthened the dollar's...

More from

Barchart

More

Foreign Exchange & Fixed Income

Articles

Trending News

Enjoy premium content in your inbox.

You're in! Check your email to learn more.
Oops! Something went wrong while submitting the form.