Dollar Eases as Investors Take Stock of U.S.-China News -- Market Talk

Dow Jones

2025/05/13

0655 GMT - The dollar eases after reaching a one-month high in the previous session when the U.S. and China announced a deal to lower tariffs for 90 days. Markets are suffering a "bit of a hangover" after Monday's rally as investors take a moment to question how good the U.S.-China news really is and how long the truce will last, Swissquote Bank's Ipek Ozkardeskaya says in a note. "While recent days have brought major progress to the table, this isn't the end." The DXY dollar index falls 0.2% to 101.618 after reaching a high of 101.977 on Monday.(renae.dyer@wsj.com)

(END) Dow Jones Newswires

May 13, 2025 02:55 ET (06:55 GMT)

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Markets are suffering a \"bit of a hangover\" after Monday's rally as investors take a moment to question how good the U.S.-China news really is and how long the truce will last, Swissquote Bank's Ipek Ozkardeskaya says in a note. \"While recent days have brought major progress to the table, this isn't the end.\" The DXY dollar index falls 0.2% to 101.618 after reaching a high of 101.977 on Monday.(renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 13, 2025 02:55 ET (06:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}