US Dollar dips while Gold hits fresh record amid tariff tensions

  • The US Dollar Index (DXY) is under pressure on Wednesday, seen around the 99.50 zone as risk aversion keeps investors tilted toward safe-haven assets like Gold. This comes despite the release of better-than-expected US Retail Sales, which rose 1.4% month-over-month in March to $734.9 billion, above the forecasted 1.3%.