Tag: Dollar

In a landmark move for cryptocurrency adoption in the United States, Arizona lawmakers have passed two bills that would allow the state to directly invest public funds in Bitcoin and other digital assets. The legislation positions...
Key Points To Watch Out For: GM withdrew its full-year guidance and its shares fell despite strong results. Porsche fell 5% after lowering its financial forecast due to the impact of tariffs. BP fell 4% after weak earnings and...

Dollar Rises After Trump Eases Criticism of Powell, Euro Falls Again

The U.S. dollar strengthened on Wednesday, building on the previous session’s rebound as market sentiment improved following President Donald Trump’s more conciliatory remarks regarding...

Daily Technical Analysis EUR/USD: Pair Drops Toward 1.1350 on Dollar Strength

The EUR/USD pair faced fresh selling pressure during the session on Wednesday, pulling back toward the 1.1355 area. The move comes as the U.S....

Dollar Nears Three-Year Low as Trump–Powell Dispute Weighs on Markets

The U.S. dollar saw a modest rebound on Tuesday, though it remained near its lowest level in over three years following fresh criticism of...

Dollar Falls Sharply on Concerns Over Trump’s Threat to Federal Reserve Independence

The U.S. dollar plunged on Monday, hitting multi-year lows, as investors grew uneasy over potential political interference in the Federal Reserve’s independence. Comments from...

Daily Technical Analysis EUR/USD: Euro Climbs to 1.1485, Highest Since 2022 Amid Weak Dollar

On Monday, the EUR/USD pair broke out of a consolidation zone that had held for several days, reaching its highest level since February 2022,...

Dollar Further Weakened by the Effects of the Trade War; Pound Sterling Strengthens Despite Soft Inflation

The U.S. dollar extended its decline on Wednesday, weighed down by growing concerns over the Trump administration’s escalating trade war, while the British pound...

Daily Technical Analysis: EUR/USD Gains Ground Above 1.1250 Ahead of U.S. Retail Sales Data

The EUR/USD pair is trading in positive territory around 1.1285 on Wednesday, with the U.S. Dollar (USD) hovering near a three-year low against the...

Dollar Approaches Lows Amid Tariff Uncertainty, Euro Gains Strength Ahead of ECB Decision

The U.S. dollar wavered on Tuesday, lingering near a three-year low as investor confidence remains shaken by the Trump administration’s erratic trade policies. As of...

Dollar Falls Due to Uncertainty Over Trade Policy; ECB Meeting Approaches

The U.S. dollar weakened on Monday, as ongoing uncertainty over the Trump administration’s trade policies continued to undermine investor confidence in the world’s reserve...

Daily Technical Analysis EUR/USD: The Pair Trades Around 1.1350 After Two Days of Gains

The EUR/USD pair edged lower during Monday’s trading, hovering near 1.1360 after two days of gains. The recent uptick was largely fueled by broad-based...

Dollar Plummets Amid Intensifying U.S.-China Trade War

The U.S. dollar weakened sharply on Wednesday after President Donald Trump announced a steep increase in tariffs on China, raising concerns about a prolonged...

Daily Technical Analysis EUR/USD: The Pair Escapes Downward Pressure, but Tariffs and Fed Caution Persist

EUR/USD saw a modest recovery on Tuesday, ending a two-day losing streak as traders locked in last-minute gains ahead of the Trump administration’s sweeping...

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