US Dollar Stays Strong Amid Tariff Talks and Fed Policy Review

The DXY has maintained its gains near 103.47, but concerns arise due to weak retail sales and the new tariffs proposed by Trump, which may exert pressure on the dollar. The ongoing Fed policy review also adds layers to the market’s complexities. Traders are keen to see if GBP/USD and EUR/USD break critical resistance levels.

Market participants should prepare for volatility as these geopolitical and economic developments unfold, offering potential opportunities and challenges alike.