{"id":28733,"date":"2025-08-11T09:39:56","date_gmt":"2025-08-11T09:39:56","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=28733"},"modified":"2025-08-11T09:39:56","modified_gmt":"2025-08-11T09:39:56","slug":"dollar-slips-ahead-of-cpi-and-tariff-deadline","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/analysis\/dollar-slips-ahead-of-cpi-and-tariff-deadline\/","title":{"rendered":"Dollar Slips Ahead of CPI and Tariff Deadline"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/image_fx_-2025-03-28T114103.832-1024x559.png\" alt=\"\" class=\"wp-image-19471\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>USDX hovers at 98.02, extending last week\u2019s 0.4% loss.<\/li>\n\n\n\n<li>Technicals show consolidation after a months-long decline, with resistance near 99.50 and support at 97.50.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<h3 class=\"wp-block-heading\">Dollar Index Struggles For Momentum<\/h3>\n\n\n\n<p>The U.S. dollar index (USDX) extended its decline to 98.02, down 0.05% intraday, following last week\u2019s 0.4% loss. Since February, the index has shed over 10%, dropping from highs near 110 to June\u2019s low of 95.97.<\/p>\n\n\n\n<p>A brief recovery in late July stalled, with price action now consolidating between the 97.50 support zone and resistance at 99.50, where the 30-day moving average caps upside potential.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/www.vtmarkets.com\/en-asia\/wp-content\/uploads\/sites\/27\/2026\/03\/1_image-4.jpg\" alt=\"\" class=\"wp-image-28734\" \/><\/figure>\n\n\n\n<p>The daily MACD has flattened near the zero line, suggesting waning downside pressure but little evidence of a bullish reversal. Traders appear reluctant to take large directional positions before Tuesday\u2019s <a href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\" target=\"_blank\" rel=\"noopener\" title=\"\">U.S. July CPI report<\/a>. A hotter-than-expected print could trigger a bounce toward the 100.00 psychological level, while a softer reading may prompt a retest of the June lows.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Market Braces For Data And Policy Headlines<\/h2>\n\n\n\n<p>This week\u2019s events could define the near-term trajectory for the dollar. The U.S. CPI release will set expectations for the Federal Reserve\u2019s policy path, while the August 12 U.S.-China tariff deadline raises the stakes for global trade.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Stocks and currencies in developing markets are moving higher, bolstered by a weaker dollar as traders focus on data in the US which could further cement bets on interest-rate cuts by the Federal Reserve <a href=\"https:\/\/t.co\/OL363mmlat\">https:\/\/t.co\/OL363mmlat<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1954778569323798580?ref_src=twsrc%5Etfw\">August 11, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Reports that Nvidia (NVDA) and AMD (AMD) agreed to allocate 15% of China sales revenue to the U.S. government may smooth negotiations, with markets leaning toward a 90-day tariff extension.<\/p>\n\n\n\n<p>On the geopolitical front, a <a href=\"https:\/\/t.co\/F4ZjobH05f\" target=\"_blank\" rel=\"noopener\" title=\"\">Russia-U.S. summit<\/a> scheduled for Friday adds another layer of uncertainty. Meanwhile, crypto markets surged after <a href=\"https:\/\/t.co\/28epRAYtS4\" target=\"_blank\" rel=\"noopener\" title=\"\">President Trump\u2019s executive order<\/a> cleared cryptocurrency holdings in U.S. retirement accounts, with Bitcoin climbing 3% to $121,909 and Ether up 2.1% at $4,307.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Cautious Outlook<\/h2>\n\n\n\n<p>With the USDX trading near multi-month lows and volatility risk elevated, short-term moves will likely hinge on inflation data and trade headlines. A close above 99.50 would mark the first break above the 30-day MA since May, signalling a potential shift in momentum. Failure to hold above 97.50, however, could accelerate selling pressure toward 95.97.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Create your live VT Markets account<\/a> and <a href=\"https:\/\/myaccount.vtmarkets.com\/login?_gl=1*5vyjdn*_gcl_au*Njc1MzM0NjY0LjE3NTEzNTM4MTc.*_ga*MjA5ODA0NDIzNC4xNzI3OTE1ODQ1*_ga_J26NL1ZVX7*czE3NTE4NzkxMDYkbzMwOCRnMSR0MTc1MTg3OTExOCRqNDgkbDAkaDA.*_ga_6XQ8153GYW*czE3NTE4NzkxMDgkbzU3JGcxJHQxNzUxODc5MTE4JGo1MCRsMCRoMA..*_ga_BG6LYEHPX1*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMTgkajUwJGwwJGgw*_ga_J8BRGZSREX*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_7CG6454YR5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_69Z54R4H9N*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_CY2VCKFC3C*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjIkajQ2JGwwJGgw*_ga_TXZ07R2C21*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_17TMGY9BBE*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_MWDVVSEVL5*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_2QCC3S2748*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjUkajQzJGwwJGgw*_ga_E7D2PCX624*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_XJ4037XKK6*czE3NTE4NzkxMjYkbzUkZzAkdDE3NTE4NzkxMjYkajYwJGwwJGgw*_ga_EJCVQDC7VT*czE3NTE4NzkxMDgkbzUkZzEkdDE3NTE4NzkxMjYkajQyJGwwJGgw\" target=\"_blank\" rel=\"noopener\" title=\"\">start trading<\/a> now.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The USDX weakened on Monday, weighed down by cautious sentiment ahead of a high-stakes week featuring U.S. inflation data and trade deadlines. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":64,"featured_media":19471,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[9,11],"class_list":["post-28733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-dollar","tag-indices"],"acf":{"acf_article_selection_author":""},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/28733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=28733"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/28733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/19471"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=28733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=28733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=28733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}