Back to today’s briefing

Story perspectives

Dollar Index Rises Amid Hopes for U.S.-China Trade Deal

10/14/2025

46 4 Full Breakdown

Summary

Story summary

The dollar index rose 0.27% on October 13, 2025, as signals from the Trump administration of a potential U.S.–China trade deal eased tensions.
Dovish comments from Anna Paulson, president of the Philadelphia Federal Reserve, on rate cuts, and the U.S. shutdown, weighed on the dollar.
Deutsche Bank reported that more than 80% of foreign investments in U.S. stocks are dollar-hedged, reflecting caution about the dollar's future.

History

Historical Context

Since January 2018, escalating trade tensions between the U.S. and China have been marked by the imposition of tariffs, including $250 billion worth of Chinese goods by the Trump administration. This trade war, driven by accusations of unfair practices and intellectual property theft, has led to significant market volatility, with the S&P 500 dropping 20% in December 2018, highlighting the ongoing complexities in U.S.–China relations.

1 of 2

Story summary

The dollar index rose 0.27% on October 13, 2025, as signals from the Trump administration of a potential U.S.–China trade deal eased tensions.
Dovish comments from Anna Paulson, president of the Philadelphia Federal Reserve, on rate cuts, and the U.S. shutdown, weighed on the dollar.
Deutsche Bank reported that more than 80% of foreign investments in U.S. stocks are dollar-hedged, reflecting caution about the dollar's future.

1 / 2