Dollar on track for first monthly gain this year as US economy shrugs off tariffsThe dollar has steadied after the worst start to the year since 1973, as the resilience of the US economy prompts some investors to back away from bearish bets on the currency.The dollar index — a gauge of the currency’s strength against major rivals — tumbled in the first half of the year as concerns that Donald Trump’s trade war would hurt growth combined with jitters over rapidly mounting sovereign debt.But it has risen 1.5 per cent so far this month — putting it on course for its first monthly gain of 2025 — as a run of strong economic data casts doubt on the case for further interest rate cuts from the US Federal Reserve. The dollar has clung on to those gains despite a brief slump following reports that the president was considering sacking Fed chair Jay Powell.“The US economy and labour market are holding up better than feared, allowing the Fed to keep rates on hold despite criticism from the Trump administration,” said Lee Hardman, senior currency analyst at MUFG. Recent figures showed the US economy added 147,000 jobs last month, an unexpectedly robust figure that suggests the labour market is shrugging off the effect of Trump’s tariffs.June’s annual inflation rate also topped expectations at 2.7 per cent, giving further ammunition to Fed policymakers who want to see further evidence of the impact of import levies on prices before lowering borrowing costs.1. shrug off词性:动词短语中文释义:对……不屑一顾;轻描淡写地对待;摆脱掉(不良情绪、影响)例句:Investors shrugged off the weak jobs report.投资者对疲软的就业报告不以为意。She shrugged off the criticism and focused on her goals.她对批评毫不在意,继续专注于目标。语气说明:轻松、强势、略带“我不care”的意味。金融语境中常形容市场“看似利空但没反应”。2. prompt sb. to do sth词性:动词结构中文释义:促使某人做某事;引发某人立即采取行动例句:The sharp decline in sales prompted the company to cut costs.销售额骤降促使公司削减成本。Her speech prompted many in the audience to reflect on their own lives.她的演讲促使许多听众反思自己的人生。语气说明:语气中性但有“直接因果”“快速反应”的感觉。比“cause”更具动作感。3. jitters词性:名词(复数,常用单数形式表示一种整体状态)中文释义:紧张不安;焦虑;市场动荡例句:Global markets are experiencing pre-election jitters.全球市场正经历大选前的不安情绪。I always get the jitters before a big presentation.在重要汇报前,我总是感到紧张不安。语气说明:口语偏正式写作常见,有“神经紧绷”“气氛紧张”的感觉。金融报道中常出现。4. cast doubt on词性:动词短语中文释义:对……提出质疑;让人对……产生怀疑例句:The report casts doubt on the effectiveness of the new policy.报告对新政策的有效性提出了质疑。Her inconsistent statements cast doubt on her credibility.她前后矛盾的说法令人怀疑其可信度。语气说明:偏负面,强调“疑点”和“挑战权威”。常用于学术、政治、新闻评论中。
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