纽币/美元 (NZDUSD) 加自选

DXY指数：这就是为什么美元崩溃还没有结束。上周，在唐纳德·特朗普软化了对美联储主席杰罗姆·鲍威尔及其关税的语气后，美元指数小幅上涨。周一，该指数最初跌至97.50美元的低点，本周收于99.17美元。

DXY Index: Here's why the US dollar crash is not over yet.The US Dollar Index rose modestly last week after Donald Trump softened his tone about Jerome Powell, the Federal Reserve Chair, and his tariffs. After initially falling to a low of $97.50 on Monday, the index ended the week at $99.17.

特朗普赦免美联储和国际货币基金组织，世界松了一口气。本周聚集在华盛顿的全球政策制定者们集体松了一口气，尽管唐纳德·特朗普采取了内向型的做法，但过去80年盛行的以美国为中心的经济秩序尚未崩溃。

World breathes sigh of relief as Trump spares Fed, IMF.Global policymakers gathering in Washington this week breathed a collective sigh of relief that the U.S.-centric economic order that prevailed for the past 80 years was not collapsing just yet despite Donald Trump's inward-looking approach.

每周经济与金融评论：美联储仍处于控股模式。硬经济数据总体上保持弹性，并继续保持稳定，尽管情绪和调查数据显示，贸易政策引发的不确定性是最令人担忧的问题。地区采购经理人指数和褐皮书受到不确定前景的拖累，而耐用品订单强于预期。

Weekly Economic & Financial Commentary: Fed Remains in a Holding Pattern.Hard economic data broadly remain resilient and continue to hold the line, even as sentiment and survey data show trade-policy-induced uncertainty is a foremost concern. Regional purchasing manager indexes and the Beige Book were weighed down by the uncertain outlook, while durable goods orders came in stronger than expected.

摩根大通调查显示，对美元疲软和美国滞胀的共识。摩根大通周五公布的一项调查结果显示，明年美国经济滞胀的风险远高于衰退，而预计2025年表现最佳的资产类别是现金。

JPMorgan survey shows consensus over weak dollar, US stagflation.There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while the asset class most expected to outperform in 2025 is cash, according to the results of a JPMorgan survey published on Friday.