Analyst: Manufacturing data causes the dollar to return to a low point.

date
29/04/2025
Analyst at financial website Forexlive: The US dollar has once again fallen into a low point, while the stock market remains stable but the dollar is weak. The decline of the US dollar is accelerating, which is a worrying sign. The latest round of decline occurred after the Dallas Federal Reserve manufacturing index fell to its lowest level since May 2020. This report is filled with concerns about tariffs and economic uncertainty. The market is weighing whether all these negative confidence data truly indicate an impending economic slowdown, and each of these data points weakens the bullish reasons, especially after the sharp rebound in the stock market and the US dollar last week.