The dollar is surging. Here’s what’s behind the big move after the U.S.-China trade announcement

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The dollar is surging. Here’s what’s behind the big move after the U.S.-China trade announcement

marketwatch.com/story/the-dollar-is-surging-heres-whats-behind-the-big-move-after-the-u-s-china-trade-announcement-bdb44ea2

One glance at BofA’s currency and rates sentiment survey would have indicated a sharp reversal was imminent in the event of any positive macro developments.

This story appeared on marketwatch.com, 2025-05-12 11:16:00.