The US Dollar initially declined to a three-day low before recovering to close near its opening level. This reversal was partially attributed to President Trump’s announcement of a 90-day delay in reciprocal tariffs. Key events for Thursday, April 10, include the US Consumer Price Index (CPI) release and weekly Initial Jobless Claims. Furthermore, Federal Reserve officials Logan and Goolsbee are scheduled to deliver speeches. The US Dollar Index (DXY) experienced a sell-off, briefly dipping below 102.00, before rebounding alongside a rise in US Treasury yields. EUR/USD extended gains from the previous session, approaching 1.1100, driven by the USD’s weakness. On April 11, Germany will release its final Inflation Rate and Current Account figures.
