The US Dollar turns back flat after earlier tech concerns ease. US President Trump threatened to slap 50% tariffs on Colombia imports in a deportation […]
Tag: Dollar
Australian Dollar falls as US Dollar strengthens following Trump’s remarks on TikTok deal
The Australian Dollar loses ground due to increased risk aversion as traders focus on Trump’s economic policies, including tariffs. The S&P/ASX 200 Index rose to […]
US Dollar retreats for now while Trump remains quiet on sources over the upcoming tariff approach
The US Dollar is on the backfoot after the December Producer Price Index got released. Traders are easing their US Dollar position heading into Wednesday’s CPI […]
US Dollar in the green, fueled by market rout
The US Dollar sprints higher for a fifth straight day against nearly every major G20 peer. Markets are getting spooked by the idea that the Fed’s […]
US Dollar flat against pressure from weak industrial data from China and Japan
The US Dollar trades stable in very calm holiday trading on Friday. Monthly Industrial Production in Japan fell by 2.3%, less than the expected 3.5%, […]
USD/INR jumps on US Dollar demand, traders brace for Indian CPI release
The Indian Rupee weakens to near a record low in Thursday’s early European session. The weakening in the Chinese Yuan, firmer USD and dovish expectations following […]
2024 was a trillion dollar year that signals slower days ahead
Ivy Liu Next year’s ad spending forecasts echo a familiar story: growth, but with a slower tempo. It’s an outlook that has come to define […]
Australian Dollar softens ahead of US NFP release
The Australian Dollar attracts some sellers in Friday’s early European session. Discouraging GDP numbers sparks the RBA rate cut bets, weighing on the Aussie. The US […]
US Dollar gives up gains from two year highs, closes the week strong
US Dollar Index declines below 108.00 on Friday, November 22. DXY retreats from 2-year high despite strong S&P PMI data; profit-taking and China’s stimulus package […]
Australian Dollar softens as markets digest both Judo and S&P PMIs
Aussie dropped 0.27% to 0.6495 in Friday’s trading. Mixed Judo Bank PMI data impacted the AUD, with strong manufacturing but weak service sector activity. S&P […]