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Institutional Analysis: Dollar Weakness Consolidates, Trump's Policy Uncertainty Continues to Pressure

On March 10, the dollar held steady after falling last week due to uncertainty over Trump's policies, but remained at a weaker level. Pepperstone strategist Michael Brown said in a report that the biggest problem facing the market is that Trump's policies "change as often as the wind". Trump's capriciousness on tariffs has made it impossible for market participants to price risk or make accurate predictions about the future path of policy. "No one wants to touch dollar assets right now," he said. (Jin Ten)