The dollar resumes some air on Thursday supported by the hope of commercial negotiations between Washington and several of its partners, while gold has once again reached a historic record. Donald Trump said he was sure “100%” That an agreement on customs duties with the European Union will be concluded, receiving Italian leader Giorgia Meloni on Thursday, pressed by Brussels to speak on behalf of the twenty-seven. He also said that Washington was going to conclude “A very good agreement with China”on commercial issues, although Beijing, the main target of Donald Trump in his commercial offensive, maintains a firm tone.
= For his part, Tokyo claims an agreement “As soon as possible”before the end of the 90 -day period that the American president granted last week to the whole world on customs duties “Converse”except China. “Optimism as to the speed with which the United States may be willing to conclude agreements with its main business partners”allows the dollar to go partially, underlines Derek Halpenny, of MUFG. Around 6:55 pm GMT, the greenback recovered 0.25% from the euro, to 1.1372 dollars, but dropped 0.17% compared to the book, to 1.3269 dollars.
The decision, at midday, of the European Central Bank (ECB) to lower its rates for the sixth time in a row, was widely awaited by analysts, and did not cause major development on the foreign exchange market. The deposit rate, which refers, has been lowered by 25 percentage points, to 2.25%, a level which is no longer deemed to be penalizing for the economy, while the prospects in the euro zone “Have deteriorated due to the intensification of commercial tensions”noted the Frankfurt institution at the end of its monetary policy meeting.
“Christine Lagarde, president of the ECB,” explained that the renewed consumer confidence had allowed the Euro to maintain itself afloat. This trend could continue ” Particularly in the event of the culmination of commercial negotiations between the EU and the United States, anticipate analysts of Monex USA.
Pushed by customs uncertainties, gold never ceases to win new records: Thursday, the ounce affected an absolute higher of 3.357.78 dollars. The yellow metal marks from a break from 0.80% with 3.316.52 dollars perce.
