The US dollar collapsed to its lowest level in three years this week, with investors still reeling from the unveiling of (and subsequent delay to) President Trump’s reciprocal tariffs. Yet, with Trump and his top team softening their stance towards China, and the President backtracking on his calls to remove Jerome Powell from his position as chair of the FOMC, has the tide turned for the US currency? We also look ahead to the release of next week’s highly important US GDP report. Is the world’s largest economy on course to post a shock contraction in the first quarter? And is a US recession inevitable in 2025?We’d like to hear from you! Provide us with feedback so we can improve the podcast: https://linktr.ee/fxtalk Liked this show? Please leave us a review here – even one sentence helps!

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