Tariff delays crush DXY [Video]
|In the latest TradeGateHub Live Trading update, tariff delays are putting significant pressure on the U.S. dollar, with the DXY continuing its decline and approaching new lows around the $1.01 mark. The shift toward a risk-on sentiment in equities is accelerating the dollar's weakness. Meanwhile, USD/JPY is retracing yesterday’s gains, dipping below the 144 level and potentially setting up long opportunities around the 143.50 zone. At the same time, the SPX appears to have signaled a potential “all clear” for a move toward new highs as we head into August.
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