According to ChainCatcher citing Jin Shi, although the US dollar shows an upward trend, it is still difficult to achieve a substantial recovery against the backdrop of uncertain prospects for US tariff policies. Optimism about potential trade agreements between the United States and other countries has slightly helped the US dollar. Portfolio adjustments triggered by month-end capital flows may also have a positive effect.
However, Michael Brown, a strategist at Pepperstone, said in a report that the US dollar remains "unattractive" and the narrative of American exceptionalism has become invalid. He stated that the US dollar is the asset most affected by ongoing trade uncertainty.
