The euro remained largely stable on Wednesday, while the dollar saw a modest rebound from recent losses as traders assessed Europe’s reaction to fresh U.S. tariffs and positioned for key inflation data. By 06:37 ET (10:37 GMT), the euro edged down 0.1% against the dollar to $1.0911, while the U.S. dollar index—tracking the greenback against […]
Dollar Weakens Amid Growth Concerns, Euro Strengthens on Hopes of German Defense Deal
The U.S. dollar slipped on Tuesday as persistent concerns over a potential recession weighed on investor sentiment, while optimism surrounding a possible German defense spending deal boosted the euro. By mid-afternoon in European trading, the dollar index, which measures the greenback against a basket of major currencies, fell 0.6 percent, hovering near a four-month low. […]
U.S Stock Futures Decline, Recession Fears Grow
U.S. stock index futures fell on Monday, extending last week’s selloff as investors remained cautious about the economic impact of President Donald Trump’s tariff policies. As of 05:25 ET (10:25 GMT): Stocks Under Pressure After Heavy Weekly Losses Major U.S. stock indexes posted steep declines last week after Trump imposed 25% tariffs on Mexico and […]
Dollar Recovers After the Fall, Euro Declines Following Weekend Gains
The U.S. dollar edged higher on Monday, recovering from a four-month low, though it remained under pressure amid concerns that the Trump administration’s trade policies could weigh on economic activity in the world’s largest economy. As of 04:10 ET (09:10 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, […]
Dollar Continues to Fall Due to Trade Jitters, Euro Benefits from Talks About Stimulus
The U.S. dollar weakened further on Wednesday, hitting a three-month low as concerns grew that a trade war triggered by President Donald Trump could weigh on the world’s largest economy. Meanwhile, the euro surged on expectations of significant fiscal stimulus in Europe. As of 04:00 ET (09:00 GMT), the Dollar Index (DXY)—which measures the greenback […]
U.S. Stock Futures Stabilize After Tariff-Induced Selloff, Major Retailers Report Earnings
US stock index futures stabilized on Tuesday after heavy losses in the previous session, triggered by President Donald Trump’s confirmation of new tariffs on Canada and Mexico, which fueled fears of a global trade war. At 11:20 CET (05:20 ET), Dow Jones futures were down 30 points (0.1%), S&P 500 futures were down 2 points, […]
Dollar Declines Amid Growth Concerns, Euro Strengthens on Increased Defense Spending
The US dollar fell on Tuesday, pressured by increased trade tensions and signs of economic slowdown, while the euro held firm despite the pause in US military aid to Ukraine. At 04:30 ET (09:30 GMT), the dollar index, which measures the currency’s performance against a basket of six currencies, was down 0.5% to 106.160. Growth Concerns […]
Crypto Leaders Criticize Trump’s Strategic Reserve for Including Altcoins
President Donald Trump’s announcement of a strategic cryptocurrency reserve in the United States has sparked intense debate within the industry. While the initiative aims to strengthen the country’s leadership in the crypto sector, many experts argue that Bitcoin (BTC) should be the sole reserve asset. Controversy Over Asset Selection According to the official announcement, the […]
Dollar Falls, Euro Rises on Expectations of a Peace Deal in Ukraine
The U.S. dollar weakened on Monday while the euro climbed, as European leaders spearheaded diplomatic efforts to broker a peace deal between Ukraine and Russia. As of 04:00 ET (09:00 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, fell 0.3% to 107.245, retracing some of last week’s 0.7% […]
Markets on Edge as Trump Reaffirms Tariff Threats on Mexico and Canada
Markets remain tense as former U.S. President Donald Trump reiterated that tariffs on Mexico and Canada are still under consideration, with a decision expected by next Monday. Despite the looming deadline, investors have yet to fully price in the risks, although currency markets may react more sharply as the week progresses. “The dollar found firmer […]