The US dollar index (DXY) experienced a slight retreat after recently reaching its highest level since March 5. The index dropped to a low of $104.3, a decrease from this week’s high of $104.6. The decline followed President Trump’s announcement regarding new tariffs on automobiles. The markets are keeping a close watch on the DXY index as it reacts to ongoing economic and trade developments with implications for the global economy. This trend highlights the volatility and responsiveness of currency markets to U.S. trade policies.