Brokoli Network USD Price & Performance (BRKLUSD)

The U.S. dollar gained traction against major currencies, bolstered by the Federal Reserve's indication of no immediate rate cuts. Meanwhile, trade policy concerns, including upcoming reciprocal tariffs on April 2, continue to weigh on global markets. The euro and risk-sensitive currencies like the Australian dollar faced declines.12

The euro weakened, heading for its first weekly drop this month, as traders booked profits following recent gains. Market caution grows amid trade tariff uncertainties and recalibration in favor of the dollar. German fiscal reforms provided limited support, as broader concerns over U.S. trade policies impact sentiment.23

Federal Reserve officials, including John Williams, emphasized the appropriateness of holding interest rates steady amid economic uncertainty. Persistent inflation, influenced by trade policy impacts, remains a challenge. Williams highlighted stable long-term inflation expectations, despite short-term pressures from global trade tensions.45