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Dollar comes under pressure again as risk mood gets unsettled

  • April 16, 2025
  • -FXnews

It’s not looking good for the dollar again with both the euro and franc pretty much erasing losses from yesterday already. EUR/USD is up 0.6% to 1.1345 while USD/CHF is down 0.9% to 0.8150 levels and threatening to fall back to the Friday and Monday lows.

Elsewhere, USD/JPY is down 0.5% to 142.50 while the commodity currencies are holding a slight advance against the greenback today. That’s the big headline weighing on the risk mood but also there’s still no signs of any progress towards a Trump-Xi call. And so, the dance continues

Dollar comes under pressure again as risk mood gets unsettled

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