News
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USD mixed as markets digest latest tariff news – Scotiabank
Markets are having a relatively muted reaction to the latest round of tariff threats from President Trump—25% tariffs on all steel and aluminum imports, effective March 12th, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Tue, Feb 11
US Dollar steadies while Gold rallies on tariff talk
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is broadly flat to a touch softer and trades around 108.00 at the time of writing on Monday after again a headline-filled weekend.Fxstreet
Mon, Feb 10
Dow Jones Industrial Average backslides on NFP Friday as consumer sentiment falls
The Dow Jones Industrial Average (DJIA) took a fresh beating on Friday after Nonfarm Payrolls (NFP) missed market forecasts, and the University of Michigan’s (UoM) Consumer Sentiment Index showed a sharp downturn in consumers’ overall economic outlook.Fxstreet
Fri, Feb 7
US Dollar bounces off support after softening stance from President Trump
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, ticks up in the European trading session on Thursday, trading slightly below 108.00 at the time of writing.Fxstreet
Thu, Feb 6
US Dollar extends correction as global trade war fears ease
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, dives lower and trades near 107.50 at the time of writing on Wednesday ahead of the US Purchase Managers Index (PMI) releases from both S&P Global and the Institute for Supply Management (ISM).Fxstreet
Wed, Feb 5
Dow Jones Industrial Average holds steady as markets brush off tariffs
The Dow Jones Industrial Average (DJIA) is testing the 44,450 region on Tuesday, with equities slowing their recent pace of volatility as United States (US) President Donald Trump walks back nearly all of his recent trade war blustering and kicks his self-imposed tariff can down the road for a third time.Fxstreet
Tue, Feb 4
US Dollar whipsaws with China retaliating against Trump and tariffs on Canada and Mexico delayed
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is having a tough Tuesday, hitting 109.00 before falling back to the lower 108.37 level.Fxstreet
Tue, Feb 4
Dow Jones Industrial Average recovers after tariff rout
The Dow Jones Industrial Average (DJIA) is caught in a lurch on Monday, falling below the 44,000 handle in the overnight session before recovering lost ground after headlines hit that US tariffs on Mexico may be delayed for up to a month as the two countries work out their differences.Fxstreet
Mon, Feb 3
US Dollar Index gives up some gains, outlook remains firm as US Trump starts trade war
The US Dollar (USD) surrenders some of its intraday gains in Monday’s North American session, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, dropping to near 109.20 after posting a fresh two-week high near 109.90.Fxstreet
Mon, Feb 3