The US dollar experienced volatility over the week following a series of policy reversals by President Donald Trump. Initially, the dollar steadied and rebounded as Trump backed away from threats to fire Federal Reserve Chair Jerome Powell and signaled optimism about potential trade deals with China. This easing of tensions helped lift hopes for tariff relief, which in turn caused gold prices to slip. However, the dollar rally lost momentum as investors grew cautious, shrugging off Trump's U-turns and reassessing the market outlook. By the end of the week, the dollar climbed again amid signs of easing US-China trade tensions, concluding a turbulent period marked by shifting White House stances on monetary policy and trade.