Analyst: Tariff uncertainty makes it difficult for the dollar to rebound significantly

ChainCatcher news, according to Jinshi reports, although the dollar has shown an upward trend, it still struggles to achieve a substantial recovery against the backdrop of unclear U.S. tariff policy prospects. Optimism about the U.S. potentially reaching trade agreements with other countries has slightly helped the dollar. The portfolio adjustments triggered by month-end capital flows may also be beneficial.

However, Pepperstone strategist Michael Brown stated in a report that the dollar still "lacks appeal," and the narrative of American exceptionalism has failed. He noted that the dollar is the asset most affected by ongoing trade uncertainties.