Easing geopolitical tensions support USD ahead of mid-tier data
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Here is what you need to know on Thursday, April 24: The US Dollar (USD) stays resilient against its peers early Thursday after posting gains for two consecutive days. The weekly Initial Jobless Claims figures, Durable Goods Orders and Existing Home Sales data for March will be featured in the US economic calendar. Investors will continue to assess the latest developments surrounding the US-China trade conflict and pay close attention to comments from central bankers. US Dollar PRICE This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD 0.31% 0.12% 0.33% 0.00% 0.11% -0.62% 1.22% EUR -0.31% -0.34% 0.00% -0.33% -0.39% -0.96% 0.88% GBP -0.12% 0.34% 0.51% 0.00% -0.05% -0.62% 1.23% JPY -0.33% 0.00% -0.51% -0.34% -0.34% -0.82% 0.92% CAD -0.01% 0.33% -0.00% 0.34% -0.01% -0.62% 1.24% AUD -0.11% 0.39% 0.05% 0.34% 0.00% -0.56% 1.28% NZD 0.62% 0.96% 0.62% 0.82% 0.62% 0.56% 1.89% CHF -1.22% -0.88% -1.23% -0.92% -1.24% -1.28% -1.89% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). The Wall Street Journal reported on Wednesday that the White House was considering slashing tariffs on Chinese goods to de-escalate the trade conflict. Later in the day, United States (US) Treasury Secretary Scott Bessent noted that President Donald Trump has not offered to lower tariffs on China unilaterally but said that current tariff levels are not sustainable…
Filed under: News - @ April 24, 2025 7:17 am