The US Dollar trades broadly in the red on Tuesday, devaluing further against most major peers. The German Green coalition is said to be back on...
DXY stalls around 103.95 as market sentiment remains fragile. Traders eye Wednesday’s US CPI data for fresh market direction. Nasdaq slides 3.3%, dragging broader equities lower....
The US Dollar trades broadly flat on Monday as traders mull the economic situation in the US. Fed Chairman Powell commented on Friday the central bank...
FX markets are starting to settle down after a momentous week. While events in Europe were really the dominant factor, we would not have seen such...
John Williams, President of the Federal Reserve Bank of New York, indicated on Friday that, so far, there was no evidence to suggest that inflation expectations...
DXY plunges further, losing over 3.5% this week. February’s Nonfarm Payrolls miss expectations and the unemployment rate rises. Fed officials signal multiple rate cuts in 2025,...
Federal Reserve Governor Michelle Bowman, regarded as one of the bank’s most hawkish policymakers, indicated that she might place greater emphasis on labour market indicators when...
The US Dollar is set to end its worst week in over one year. Traders have devalued the Greenback further ahead of the US employment report. ...
DXY weakens further amid rising job cuts and trade deficit concerns. Challenger Job Cuts report shows layoffs surged over 100% in February. ECB cuts rates by...
The downtrend in the US Dollar gathered extra steam on Wednesday, fuelled by concerns over the US economy and some renewed hopes that the Trump administration...
The US Dollar is facing its worst week in over one year. Traders pull their money out of the Greenback and into domestic currencies. The US...
USD/CAD rises to near 1.4360 even though the US Dollar slides to four-month low. US President Trump is set to reprieve tariffs on automobiles from Canada...
EUR/USD posts a fresh year-to-date high above 1.0700 as the US Dollar weakens amid uncertainty over US growth prospects. US President Trump reiterates that reciprocal tariffs to...
The US Dollar drops against most major peers for a third day in a row. Traders are selling the US Dollar in favor of the Euro...
US President Donald Trump is addressing a joint session of Congress at the Capitol Building, in Washington DC, on Wednesday. It’s his first Congressional address after...
United States (US) President Donald Trump will address Congress from the US Capitol at around 02:00 GMT Wednesday, marking his first appearance before lawmakers since retaking...
DXY extends Monday’s losses, dropping below 106.00 amid trade tensions. Canada and China retaliate against US tariffs, increasing economic uncertainty. Technical indicators suggest a bearish crossover...
The US Dollar sees another leg lower on Tuesday, adding to the already downbeat day on Monday Traders sell the Greenback after US imposing tariffs and, meanwhile, already facing...
January’s Personal Consumption Expenditures data aligned with expectations. President Trump confirms that tariffs on Canada, Mexico, and China will take effect on March 4. DXY is...
The US Dollar holds steady on Friday after the US PCE reading for January. No surprises in the PCE numbers which all were in line of...