The US dollar remains stable amid global trade uncertainty.
Before the deadline for trade negotiations on Wednesday, uncertainty surrounding US tariffs remains high, and the US dollar is trading steadily. Donald Trump announced on his TruthSocial platform that "tariff letters and/or agreements" will be delivered starting from Monday. Jefferies economist Mohit Kumar said in a report, "We believe that Trump will impose additional tariffs on countries with unfavorable negotiation progress." He said that in the medium term, the dollar may fall, mainly against Asian and commodity currencies. The dollar index held steady at 97.22, after last week hitting a three-year low of 96.377.
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