By Tredu.com • 5/16/2025
Tredu
The US Dollar Index (DXY) remains flat at 100.80 after President Donald Trump announced the U.S. will impose unilateral tariffs on most countries. Speaking during a Middle East tour, Trump said around 150 countries would be notified of new import duties via letters from Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.
The move has raised investor concerns over the consistency and direction of U.S. trade policy. Markets are questioning the long-term outlook for the Greenback, especially as recent economic data shows signs of weakening. April’s Producer Price Index unexpectedly declined, while retail sales rose just 0.1% following a 1.5% jump in March.
Although the DXY avoided further losses for now, uncertainty around U.S. trade decisions is starting to weigh on investor confidence.
Unlock the secrets of professional trading with our comprehensive guide. Discover proven strategies, risk management techniques, and market insights that will help you navigate the financial markets confidently and successfully.