Pepperstone研究主管Chris Weston表示：“特朗普承诺的关税一直被认为不太可能以普遍10%-20%这样严格的形式实现，因此报道巩固了这一广泛的观点，即使特朗普淡化了这一观点。”Weston表示：“很明显，特朗普在这一点上最不希望的就是失去谈判的筹码和信誉……即使相关报道随着时间的推移成为现实。”On Tuesday, the exchange rate of the dollar against major currencies fell to a one-week low as traders considered whether Trump's tariff policies would be milder than promised.
On Monday, after a report indicated that Trump's aides were exploring plans to impose tariffs only on key imported commodities, the dollar fell against currencies like the euro and the British Pound. However, after Trump denied the report in a post on Truth Social, the dollar found some support.
As of 6:00 GMT (14:00 Peking time), the USD index was down 0.14% to 108.16, having previously dropped to 107.74 overnight, the lowest level since December 30. On January 2, the USD index climbed to 109.58, the highest since November 2022, mainly because the market anticipated that Trump's promised fiscal stimulus, deregulation, and increased tariffs would boost economic growth in the USA.
Chris Weston, head of research at Pepperstone, stated: "The tariffs promised by Trump have long been considered unlikely to be implemented in such strict forms as a general 10%-20%, thus the reports reinforced this widespread view, even as Trump downplayed it." Weston mentioned, "It's clear that what Trump wants least in this regard is to lose his negotiating leverage and credibility... even if the related reports become a reality over time."
The Eurozone has been a particular target of Trump's tariff threats, and after the euro jumped to a one-week high of 1.0437 against the dollar on Monday, it rose 0.08% to 1.039825. The British Pound rose 0.14% to 1.25395 after climbing to 1.2550 in the previous trading day.
However, the dollar rose 0.14% against the yen to 157.83, earlier reaching 158.425 for the first time since July 17, supported by rising U.S. Treasury yields. Barclays Forex strategist Shinichiro Kadota stated that as investors adjust their positions at the beginning of the new year, the yen may also be sold off. Kadota predicts the exchange rate of dollar to yen will be 158 by the end of March.
Risk-sensitive currencies like the Australian Dollar and New Zealand Dollar continued to rise, with the Australian Dollar up 0.35% to 0.6268 USD and the New Zealand Dollar up 0.47% to 0.5670 USD.
Among Cryptos, Bitcoin is around 101,688 USD, trading at its highest level since December 19.
