Dollar Needs Further Trade Progress to Sustain Recovery -- Market Talk

Dow Jones

May 12

0909 GMT - Continued U.S. trade progress is needed for the dollar to sustain its recovery after the U.S. and China agreed to lower tariffs considerably for 90 days, Ballinger Group forex analyst Kyle Chapman says in a note. The U.S.-China progress is "substantially better news than most were expecting" but it's not the end of the story by any means. There is an expiry date attached to lower tariffs and disagreements may grow down the line, Chapman says. The market needs convincing that trade optimism will persist for the longer-term to allow the dollar to recover to levels before April 2 reciprocal tariffs were announced, he says. The DXY dollar index rises to a one-month high of 101.792. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

May 12, 2025 05:09 ET (09:09 GMT)

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The U.S.-China progress is \"substantially better news than most were expecting\" but it's not the end of the story by any means. There is an expiry date attached to lower tariffs and disagreements may grow down the line, Chapman says. The market needs convincing that trade optimism will persist for the longer-term to allow the dollar to recover to levels before April 2 reciprocal tariffs were announced, he says. The DXY dollar index rises to a one-month high of 101.792. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 12, 2025 05:09 ET (09:09 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dollar Needs Further Trade Progress to Sustain Recovery -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDollar Needs Further Trade Progress to Sustain Recovery -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-12 17:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0909 GMT - Continued U.S. trade progress is needed for the dollar to sustain its recovery after the U.S. and China agreed to lower tariffs considerably for 90 days, Ballinger Group forex analyst Kyle Chapman says in a note. The U.S.-China progress is \"substantially better news than most were expecting\" but it's not the end of the story by any means. There is an expiry date attached to lower tariffs and disagreements may grow down the line, Chapman says. The market needs convincing that trade optimism will persist for the longer-term to allow the dollar to recover to levels before April 2 reciprocal tariffs were announced, he says. The DXY dollar index rises to a one-month high of 101.792. 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The U.S.-China progress is \"substantially better news than most were expecting\" but it's not the end of the story by any means. There is an expiry date attached to lower tariffs and disagreements may grow down the line, Chapman says. The market needs convincing that trade optimism will persist for the longer-term to allow the dollar to recover to levels before April 2 reciprocal tariffs were announced, he says. The DXY dollar index rises to a one-month high of 101.792. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PRGS":"Progress Software Corporation","BK4097":"系统软件","LU2065732104.USD":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC"},"translate_title":"美元需要进一步的贸易进展才能维持复苏——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PRGS":1},"content_text":"0909 GMT - Continued U.S. trade progress is needed for the dollar to sustain its recovery after the U.S. and China agreed to lower tariffs considerably for 90 days, Ballinger Group forex analyst Kyle Chapman says in a note. The U.S.-China progress is \"substantially better news than most were expecting\" but it's not the end of the story by any means. There is an expiry date attached to lower tariffs and disagreements may grow down the line, Chapman says. The market needs convincing that trade optimism will persist for the longer-term to allow the dollar to recover to levels before April 2 reciprocal tariffs were announced, he says. The DXY dollar index rises to a one-month high of 101.792. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 12, 2025 05:09 ET (09:09 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"}}}