Dollar Gains Amid Tariff Uncertainty and Inflation Concerns Dollar strength is evident today, with the dollar index (DXY00) climbing 0.21% as trade tensions escalate. The possibility of new tariffs fueling inflation has kept Federal Reserve policy restrictive, adding to the dollar’s appeal. President Trump’s latest threat to impose a 200% tariff on European wine, champagne, […]
US Dollar Faces Pressure Amid Economic Uncertainty US Dollar movements have been a key focus in FX markets this week, with a weakening trend driven by softer economic data and policy uncertainty. The February jobs report is now in the spotlight, as a weaker-than-expected figure could reinforce concerns about a sharper economic slowdown in the […]
US Dollar weakness persisted as lackluster economic data and declining Treasury yields pressured the currency. The US Dollar Index (DXY), which tracks the greenback against a basket of major currencies, dropped after initial jobless claims rose to 219,000 from 214,000, indicating labor market strain. Additionally, the 10-year US Treasury yield fell below 4.5%, making the […]
Dollar weakness intensified as the currency hit a fresh yearly low, pressured by soft retail sales data and uncertainty over US tariff policies. The Bloomberg Dollar Spot Index slid as much as 0.5% on Friday, reaching session lows after weaker-than-expected January retail sales fueled speculation that the Federal Reserve may implement deeper rate cuts in […]
The U.S. dollar remains a cornerstone of global financial stability, as the Federal Reserve’s decisions reverberate across economies. Paul Gruen, Global Chief Economist recently shared insights on the Federal Reserve’s rate policy and inflation challenges. His analysis provides a clear lens into the U.S. dollar market’s resilience and potential vulnerabilities as economic dynamics evolve. . […]
US Dollar performance is capturing global attention as markets digest President Donald Trump’s recent tariff remarks. Following choppy trading on Monday, the US Dollar is gaining momentum early Tuesday, supported by speculation surrounding trade policy and key economic data releases later in the day. US Dollar Climbs on Trump’s Tariff Comments The US Dollar Index […]
US Dollar regained its footing today, as traders digested the latest developments around Donald Trump and upcoming economic data. The US Dollar Index (DXY) edged higher, but the 108.00 level remains a significant hurdle for further gains. US Dollar Faces Mixed Signals EUR/USD saw its bullish momentum slow near multi-week highs above 1.0400. Meanwhile, GBP/USD […]
US Dollar (USD) strength persisted into the start of 2025, with the USD Index gaining over 2.5% in December. This marks the third consecutive month of gains, as the index consolidates just below the 26-month peak of 108.50 reached on December 31. Market participants now await the release of key US economic data, including Initial […]
U.S. Dollar emerged as a standout performer for 2024, heading for an impressive 6.6% annual gain. Meanwhile, the Japanese yen faced its fourth consecutive year of losses as traders braced for robust U.S. growth and a cautious Federal Reserve approach to rate cuts in 2025. The dollar index, which measures the U.S. currency against major […]
