The US dollar is gaining momentum with Trump’s expansion of customs duties, and the minutes of the Federal Open Market Committee meeting

• The US dollar index settles 107.00 amid fears of trade policy.
• Trump extends customs tariffs by 25% on medicines and semi -conductors as of April.
• Federal Reserve officials discuss the slowdown in the flow of the public budget amid renewable concerns about the roof of the debt.
• DXY recovers but it remains uncertain with a focus on the main technical levels.

The US dollar index (DXY), which tracks the performance of the US dollar for six major currencies, is trading slightly above Wednesday. Investors weigh the Federal Reserve Policy position and the latest commercial measures announced by US President Donald Trump, who confirmed that drug imports and semi -conductors will face 25% definitions as of April. At the time of writing this report, DXY is still above 107.00 but it is struggling to determine a clear direction.

Daily market engines: The US dollar is holding on to the Federal Reserve Assessment of the Public Budget Strategy

• US President Donald Trump confirms that customs tariffs are 25% on drug imports and semi -conductors will start in April.
• Customs definitions have also been confirmed by 25%, which increases pressure on global trade tensions.
• Trump focuses on trade policy after there is no progress in peace talks between Russia and Ukraine.
• The Federal Reserve Meet highlights concerns about reducing the public budget and the effect of the debt ceiling.
• Federal reserve officials point out that slowing or stopping the flow of the public budget may be appropriate.
• Some participants believe that commercial and immigration policies may complicate inflation.
• Most federal reserve officials believe that the risks of inflation and employment are almost balanced.
• Federal reserve officials argue that inflation risk exceeds the risk of employment in policy decisions.

Technical expectations for the DXY index: Bulls need to restore the main resistance levels

The US dollar index maintains modest gains over 107.00, but the upscale momentum remains limited. Despite the recovery, the simple 20 -day moving average (SMA) remains a major resistance level after its loss last week.

The RSI (RSI) index continues to fly in the domain area, while the index of spacing and rapprochement (MACD) reflects steady down pressure. The decrease without a simple moving average for 100 days at 106.30 will enhance the negative view in the short term. The bulls need a stronger momentum to challenge the resistance level 107.50 and establish a more sustainable recovery.