DXY drops over 2.5% this week as selling pressure intensifies. ADP employment data misses expectations, showing hiring slowdown. ISM Services PMI beats forecasts, signaling economic…
EUR/USD posts a fresh year-to-date high above 1.0700 as the US Dollar weakens amid uncertainty over US growth prospects. US President Trump reiterates that reciprocal tariffs…
GBP/USD holds gains amid soft US Dollar on tariff fallout The Pound Sterling (GBP) clings to early gains, extending its advance to two days versus…
US tariffs on Mexico, Canada, and China weigh on risk sentiment, dragging USD lower. US Dollar Index (DXY) hits three-month low at 105.87 before recovering…
GBP/USD rallies on soft US ISM data, falling US yields The Pound Sterling (GBP) snaps two days of losses and is rising over 0.89% amid a weaker…
Atlanta Fed GDP Now forecast weakens, fueling recession concerns. ISM Manufacturing PMI drops to 50.3 as Trump tariffs dent outlook. UK 10-year GILTS yield rises,…
Inflation data from France showed unchanged prices on the February month (versus expectations of a 0.2% rise), Scotiabank’s Chief FX Strategist Shaun Osborne notes. Trade/…
EUR/USD trades with caution around 1.0400 as the US Dollar strengthened after US President Trump confirmed tariffs on his North American partners and China on Thursday. Tariffs…
The US Dollar Index holds above 106.50 following weak US PMI data. US service sector contracts unexpectedly in February, weighing on sentiment. Consumer sentiment drops,…