◂ Event Timeline

Apr 23, 2025MACROUS

Dollar rebounds as White House seeks to ease tensions over Fed, China trade

The dollar rebounded against major peers on hopes of de-escalating trade tensions, after President Trump backed away from threats to fire Federal Reserve Chair Powell. The move offered relief to investors.

WHY IT MATTERS

Easing trade tensions reduce the risk of retaliatory tariffs on US farm exports, supporting demand expectations for US commodities.

AFFECTSUS Dollar (Broad)▲

SOURCE
reuters.comHannah LangApr 23, 2025

Price reaction & history

US Dollar (Broad)▲bullishSO FAR1d +0.5%5d +0.1%20d -0.1%

After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

Dec 15, 2023Dollar rebounds as Fed's Williams talks down rate cuts-0.2%
Jan 11, 2021China's yuan eases to 1-week low to reflect dollar rebound - Markets - Business Recorder+0.2%
Aug 28, 2026Canadian dollar slips as trade tensions, Fed outlook keep loonie under pressure By Investing.com-0.2%
Mar 30, 2026Dollar rebounds as shale 'isolates' US but Fed outlook clouds gains-0.2%
Apr 17, 2023Dollar rebounds on higher expectations for Fed hike in May | IBTimes UK+0.4%

Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.

US Dollar (Broad) DXY · GP ▸

——— · ·

Loading…