Dollar resumes fall as investors wait on trade talks

From Yahoo Finance: 2025-04-15 21:28:00

The dollar fell as traders await new trade agreements, with Japan in discussions and tensions escalating between China and the U.S. U.S. President Trump is meeting with Japanese and South Korean officials, with potential for a U.S.-Britain trade deal. The Fed sees slowing economic growth and Powell suggests no intervention to market volatility.

Retail sales surged in March, with the euro up 0.84% and the dollar weakening against the yen and Swiss franc. The Swiss National Bank may bring rates back into negative territory due to the franc’s appreciation. Speculation that the SNB may not intervene could boost confidence in buying the franc. The British pound dropped, while the Canadian and Australian dollars rose. Bitcoin remained steady at $83,989.

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