The US dollar was stable on Wednesday but is poised to record its weakest monthly performance since November 2022. The dollar index, which measures the value of the American currency in relation to six other units, was at 99.219, not far from the lowest level in three years that it hit last week. Trump signed a pair of executive orders on Tuesday to ease the blow to his auto tariffs, with a mix of credits and relief on other materials taxes

The Australian dollar rose slightly on Wednesday after consumer price data came in a bit firmer than expected, even though a key measure of core inflation slowed further enough to leave the door open for lower interest rates. eCirct; and next month. The consumer price index rose by 0.9% in the first quarter, just above the forecast of 0.8%, maintaining the annual pace at 2.4%. The New Zealand dollar held steady at $0.5929 after encountering bids around $0.5980 overnight

The Chinese yuan fell slightly against the dollar on Wednesday and seems poised to record a loss for the month, as the first signs of damage to the general economy caused by the rise in tariffs under US President Donald Trump are beginning to appear. At 02:48 GMT, the onshore yuan was down 0.04% to 7.2745 per dollar. Its offshore counterpart weakened by around 0.06% to 7.2730 per dollar at 02:48 GMT

The South African rand fell slightly in early trading on Wednesday, ahead of the release of local trade and fiscal data and the press conference by the Minister of Finance on the country's controversial budget. At 8:25am GMT, the rand was trading at 18.63 against the dollar, down around 0.4% from