Post #15684

Dollar Slips Against its Safe-Haven Peers DXY is giving back some of last week’s gains and is now back in the crosshairs of the 50-day moving average. The dollar caught a strong bid last week on a run of solid U.S. data, particularly signs of resilience in the labor market. Over the weekend, however, fresh tariff headlines reintroduced risk for U.S. assets. Trump’s renewed tariff threats tied to Europe and Greenland have raised concerns about a potential “Sell America” narrative resurfacing. While not the base case, this scenario would pressure the dollar and Treasurys as investors reassess U.S. political and trade risk. For now, the impact has been modest, but any escalation in trade tensions could push the dollar lower. - Alan