The dollar experienced a decline for the second consecutive day during Asian trading on Tuesday, following threats from the White House directed at the European Union regarding the future of Greenland, which prompted a widespread selloff in U.S. stocks and government bonds. The dollar index, which gauges the strength of the greenback against a basket Read More
The dollar declined on Monday as investors, unsettled by U.S. President Donald Trump’s recent tariff threats against Europe regarding Greenland, sought refuge in the safe-haven yen and Swiss franc, reflecting a widespread risk-averse sentiment across markets. Over the weekend, Trump announced plans to implement an additional 10% import tariff starting February 1 on goods from Read More
The US dollar is experiencing a decline against all G10 currencies, yet the overall consolidation observed this week persists. Japanese officials have maintained their verbal intervention, and with the US holiday approaching on Monday, the likelihood of significant intervention appears to be increasing, prompting some yen shorts to cover their positions. Reports indicate that Machado’s Read More
The U.S. dollar experienced a slight decline on Friday; however, it was poised to achieve another weekly gain following stronger-than-anticipated economic data that diminished expectations for early interest rate reductions by the Federal Reserve. At 04:05, the Dollar Index, which monitors the performance of the greenback against a selection of six other currencies, was trading Read More
The dollar remains in its consolidation phase today. Current market conditions show relatively narrow ranges, particularly with the Japanese yen, where the potential for intervention has contributed to stabilizing the exchange rate. The Bank of Japan is scheduled to convene next week. While reports indicate that the inflationary effects of the yen’s depreciation will be Read More
The U.S. dollar regained strength, approaching a one-month high during early Asian trading on Wednesday, following U.S. CPI data that aligned closely with expectations. This development bolstered the belief that the Federal Reserve is likely to maintain its current stance later this month, even amid significant pressure from the White House to reduce interest rates. Read More
The dollar maintained its losses on Tuesday following the Trump administration’s initiation of a criminal investigation into Federal Reserve Chair Jerome Powell, a development that jeopardizes the central bank’s autonomy and confidence in U.S. assets. Investors were still attempting to understand the implications of the probe disclosed late on Sunday, a development that faced criticism Read More
The U.S. dollar experienced a decline from its peak in a month early on Monday, following the initiation of a criminal investigation by U.S. prosecutors into Federal Reserve Chair Jerome Powell, which heightened tensions with the Trump administration. The dollar index, which gauges the strength of the greenback against a basket of six currencies, was Read More
The U.S. dollar strengthened at the beginning of the Asian session on Friday, as market participants anticipated the upcoming release of the latest U.S. jobs report and prepared for an impending U.S. Supreme Court ruling regarding President Donald Trump’s utilization of emergency tariff powers. The dollar index, reflecting the strength of the greenback against a Read More
The dollar appeared poised for a third consecutive day of gains on Thursday, although the mixed signals from U.S. economic data prompted a degree of caution in the markets in anticipation of Friday’s nonfarm payrolls report. Data released on Thursday indicated that the U.S. labor market seems to be entrenched in a “no hire, no Read More
