The U.S. dollar edged lower on Monday, nearing a five-month low as concerns grow that uncertainty surrounding the Trump administration’s tariff policies could slow economic growth. At 08:05 ET (12:05 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, was down 0.2% at 103.162, approaching last week’s five-month low. […]
Euro Moderates, Dollar Gains Strength Amid Tariff Turmoil and Upcoming CPI Data
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. […]
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 […]
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 […]
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 […]
Dollar Stabilizes Amid Prospects of Ukraine Peace Talks and Trump’s Tariff Threats
The U.S. dollar was steady on Wednesday as traders weighed the potential impact of U.S.-Russia peace talks over Ukraine and a fresh tariff threat from President Donald Trump. By 07:20 ET (12:20 GMT), the U.S. dollar index, which tracks the greenback against a basket of other currencies, was up 0.1% at 107.21, reclaiming ground after falling 1.2% […]
Dollar Consolidates Ahead of Key Inflation Report
The US dollar stabilized on Wednesday ahead of key inflation data that could shape the Federal Reserve’s future policy, following hawkish comments from Federal Reserve Chairman Jerome Powell. The dollar index, which measures the greenback’s strength against a basket of six other currencies, was trading slightly higher at 107.875 after posting some losses overnight as […]