The US dollar suffered large losses against its major rivals to begin the month of March as the disappointing macroeconomic data releases, combined with the Trump administration’s tariffs, revived fears over an
The action in financial markets is quiet on Friday as investors await preliminary February manufacturing and services Purchasing Managers’ Index (PMI) data from Germany, the Eurozone, the UK and the US. Later
Investors observed heightened volatility in some currencies on Wednesday following key data releases and central bank decisions. In the second half of the day, housing starts and building permits data for January
The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic calendar will feature Industrial Production data for December. Later
After weakening against major rivals on improving risk mood and disappointing US data on Tuesday, the US dollar struggles to hold its ground early Wednesday, while investors continue to scrutinise comments from central
The US Dollar gathers strength on the first trading day of February as markets adopt a cautious stance in reaction to President Donald Trump’s tariff announcements. The EURUSD pair continues its downward
Major currency pairs trade in narrow ranges early Friday, following some volatility seen on Thursday, after gold gathered bullish momentum and rose more than 1% on Thursday. XAUUSD continued to stretch higher
Following Monday’s choppy action, the US dollar is gathering strength against its rivals early Tuesday as markets assess US President Donald Trump’s latest comments on tariffs. Later in the day, December Durable
The US Dollar remains on the back foot to start the week as investors gear up for Donald Trump’s second inauguration on Monday. Meanwhile, stock and bond markets in the US are closed
Gold dipped on Friday, with XAUUSD falling roughly two-thirds of a percent and dipping back below $2,650 per ounce as market sentiment recovers from the early week’s risk-off appetite. It’s been a
