尽管ISM制造业PMI收缩加剧，但美元走强。美元上涨，此前月度“工厂健康”检查强于预期，缓解了投资者对进口税上调的担忧。

U.S. Dollar Strengthens Despite Deeper ISM Manufacturing PMI Contraction.The U.S. dollar rose after a monthly “factory health” check came in stronger than expected and eased investor worries about higher taxes on imports.

美国2025年4月非农就业数据——值得关注的关键估计范围。看看与关键数据点的中值共识（上图中的“预期”）相比的预期范围：

US April 2025 non-farm payrolls data - the critical key ranges for estimates to watch.Taking a look at the range of expectations compared to the median consensus (the 'expected' in the screenshot above) for the key data points:

周五，美元指数保持在100以上，有望连续第二周上涨，因为全球贸易紧张局势的缓解降低了衰退风险，提振了对美元的信心。在华盛顿多次尝试进行外联活动后，中国宣布正在评估与美国进行贸易谈判的可能性。本周早些时候，唐纳德·特朗普总统还暗示了与印度、日本和韩国可能达成的贸易协定，并表示对与中国可能达成的协议充满信心。与此同时，最新的GDP、私人就业数据和每周失业救济申请数据表明，美国经济活动放缓，支持了对美联储近期降息的押注，并限制了美元的反弹。投资者现在将注意力转向4月份的就业报告，该报告可以让投资者更深入地了解不断变化的贸易政策如何影响经济。

The US dollar index held above 100 on Friday and was on track for a second consecutive weekly gain, as easing global trade tensions reduced recessionary risks, lifting sentiment toward the currency. China announced it is evaluating the possibility of trade talks with the US, following multiple outreach attempts from Washington. Earlier this week, President Donald Trump also hinted at potential trade agreements with India, Japan, and South Korea, and expressed confidence in a possible deal with China. Meanwhile, the latest GDP, private payrolls and weekly jobless claims data pointed to slowing US economic activity, supporting bets on near-term Federal Reserve rate cuts and limiting the dollar’s rally. Investors now turn their attention to the April jobs report which can give investors more insights on how shifting trade policies are affecting the economy.

随着关税担忧的缓解，美元有望第三周上涨。美元连续第三周上涨，因为华盛顿与其一些贸易伙伴的谈判取得进展的迹象以及好于预期的数据缓解了对世界最大经济体投资的担忧。

Dollar poised for third weekly gain as tariff concerns ease.The U.S. dollar headed for a third-straight weekly gain as signs of progress in Washington's talks with some of its trading partners and better-than-expected data eased concerns over investments in the world's largest economy.