Treasury yields ease after Powell says the Fed can be patient and policy remains appropriate. DXY edges down to 99.51 after peaking at 99.63; the Greenback is under pressure from falling yields. Powell warns tariffs may hinder progress on Fed’s goals, adding to uncertainty over policy path. US Treasury yields edged lower across the whole […]
The US Dollar trades marginally higher against most major currencies. President Trump lashed out at Fed’s Powell again during a rally in Detroit. The US Dollar Index is capped below the 100.00 round level ahead of key US data. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six
Relative calm continues to be observed this week amid Trump’s de-escalation. Trump continued to speak about how his administration was talking to China about trade even as Beijing denied the existence of negotiations. Chinese Commerce Ministry spokesman He Yadong said that ‘any reports on development in talks are groundless’ and urged the US to ‘show
The US Dollar halts decline and sees the DXY US Dollar Index trade around 0.50% lower. China says tariffs need to go first, before talks can start. The US Dollar Index remains capped below the 100.00 round level. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six
The Greenback extended their recovery on the back of auspicious headlines around the US-China trade crisis and mitigating fears around potential threats to the Fed’s independence by President Trump. Here is what you need to know on Thursday, April 24: The US Dollar Index (DXY) advanced further and retargeted the psychological 100.00 barrier, up for
The US Treasury Secretary Scott Bessent commented that the tariff standoff with China is unsustainable and that he expects a de-escalation of the situation. Bessent said that although negotiations had not started, a deal is possible suggested people that attended a private event by JP Morgan Chase & Co. in Washington. Financial markets reaction to
EUR/USD sticks to gains near 1.1500 as the US Dollar has been battered by Trump’s attack on the Fed’s independence. Trump blames Fed Powell for the potential US economic slowdown. The ECB is expected to cut interest rates in June due to escalating downside risks to Eurozone inflation. EUR/USD trades firmly around 1.1500 during European
The US Dollar Index saw choppy action near the 99 zone in Monday’s session, rebounding from a fresh three-year low. Tariff uncertainty, sinking consumer confidence and elevated inflation expectations continue to weigh on sentiment. Technical signals remain bearish, with price capped below key resistance at the 101.80–102.20 zone. The US Dollar Index (DXY) recovered slightly
Silver price trades firmly around $32.30 amid intensifying trade war between the US and China. China has increased the import duty on imports from the US to 125%. Growing risks of a US recession have strengthened US bond yields. Siver price (XAG/USD) clings to Friday’s gains near $32.30 during European trading hours on Monday. The
The Greenback plummeted to fresh lows amid persistent concerns over the US-China trade war and its potential impact on both the global and US economies. Here is what you need to know on Friday, April 11: The US Dollar Index (DXY) tumbled to new multi-month lows in the sub-101.00 region amid shrinking US yields across
The Greenback reversed its initial loses to three-day lows and ended the session virtually unchanged in response to a late recovery fuelled by President Trump’s announcement of a 90-day delay on reciprocal tariffs. Source link
The Minutes revealed that Federal Reserve policymakers almost unanimously agreed that the U.S. economy was at risk of experiencing both higher inflation and slower growth. They noted that “difficult tradeoffs” could lie ahead for the central bank. Key Takeaways All participants viewed it appropriate to keep interest rates unchanged in light of elevated uncertainty around
DXY trades around the 103.00 zone on Tuesday as bulls attempt to extend Friday’s recovery. Sentiment was lifted after US Trade Representative Greer noted ongoing tariff talks with around 50 countries. Key resistance for the US Dollar Index aligns near 103.70 with downside support forming close to 102.70. The US Dollar Index (DXY), which tracks
The Greenback softens a touch on Tuesday against major peers amidst trade war tensions. Markets revalued the Greenback to the upside after upbeat Nonfarm Payrolls numbers and US yields rebounding. The US Dollar Index trades back above 103.00 and looks to consolidate further. The US Dollar Index (DXY), which tracks the performance of the US
DXY dips under the 104.00 zone as equities slide and bond yields decline. Upbeat ADP employment data clashes with market anxiety over looming US tariffs. Key resistance stands near 104.10, while bearish pressure builds below 103.90. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, is
DXY trades near the 104.20 zone after mixed reaction to PMI and Job Openings data. Manufacturing activity contracts and hiring slows, keeping stagflation risks in play. Resistance seen around 104.84 with support clustering near 104.13. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, trades near
The DXY trades near the 104.30 area after a modest upward reaction to economic data. Traders weigh durable goods strength and fresh copper tariff comments against geopolitical ceasefire noise. Resistance aligns near 104.53, while 104.09 acts as short-term support. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket
