Chinese 1Q25 GDP growth
Better-Than-Forecast Chinese Data, Another U.S. Tariff Initiative, and a Speech From Fed Chairman Powell Later Today
April 16, 2025
In overnight financial market action, the weighted DXY dollar index depreciated 0.6% and touched a 3-year low some 9.8% below its year-to-date high in mid-January. Dollar declines were pretty much across-the-board including losses of 0.9% against the Swissy, 0.7% versus the Korean won, 0.6% relative to the euro and 0.5% vis-a-vis the yen. Gold, up […] More
