China and the U.S. Break the Stalemate, the Dollar Makes a Strong Comeback!

Ipek Ozkardeskaya, an analyst at Swissquote Bank, stated that the easing of China-U.S. relations could break the trade deadlock, boost risk appetite, and subsequently drive a strong rebound of the dollar. The market generally expects the Federal Reserve to keep interest rates stable, waiting for further clarity on the impact of trade negotiations and tariffs on the economy and inflation.