Group 1 - Trump's criticism of Powell's monetary policy has intensified, suggesting that the Federal Reserve should lower interest rates to prevent economic slowdown, especially in light of declining costs for energy and food [2] - Following Trump's remarks, the US dollar experienced a significant drop of 0.88% on April 21, reaching a low of 97.9137, while the euro and yen surged by 1.04% and 0.94% respectively [2] - The dollar has depreciated by 9% this year, with a nearly 6% decline occurring in April alone, while the euro and yen have appreciated by 11% and 10.74% respectively [2] Group 2 - The recent volatility in the currency market has seen the offshore yuan only slightly appreciating by 0.28% against the dollar this year, indicating uncertainty and chaos in the market due to Trump's tariff policies [3] - Trump's fluctuating tariff policies and interference with the Federal Reserve may undermine confidence in US economic decision-making and the credibility of the dollar [3] - The strong demand for the dollar as a global reserve currency has led to a high exchange rate, making US exports more expensive and imports cheaper, contributing to trade deficits and harming manufacturing [4] Group 3 - The ongoing trade negotiations between the US and EU, as well as Japan, have encountered significant deadlock, particularly regarding tariffs on industrial goods [5] - The US has maintained a firm stance on tariffs, with Japan denying any substantial progress in negotiations, especially concerning automotive and steel tariffs [6] - Future discussions on exchange rates are anticipated, with potential compromises expected, but not immediately, reflecting the complexities of the ongoing trade talks [6]
美元暴跌可能是一次“共谋”
Hua Xia Shi Bao·2025-04-22 09:55