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 currency. As of 04:35 ET (08:35 GMT), the U.S. Dollar Index—which measures the greenback against a basket of six major currencies—fell 0.7% to 99.239, hovering near a three-year low. Dollar Drops […]
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 trade war and the risk of a U.S. recession. As of 04:10 ET (08:10 GMT), the Dollar Index—which measures the greenback against a basket of six major currencies—fell 0.4% to 102.277, […]
The U.S. dollar traded steadily on Tuesday but remained near recent lows as fears of a potential U.S. recession, fueled by escalating trade tensions, continued to weigh on market sentiment. Meanwhile, the British pound slumped amid growing concerns over the U.K.’s economic outlook. Dollar Remains Under Pressure At 03:55 ET (07:55 GMT), the U.S. Dollar […]
The U.S. dollar weakened on Monday as recession concerns deepened and trade tensions escalated under the Trump administration’s tariff policies. At 05:30 ET (09:30 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, slipped 0.2% to 102.600. This decline follows last week’s drop to a six-month low before staging […]
The U.S. dollar remained range-bound on Wednesday as traders awaited clarity on the Trump administration’s latest tariff measures, set to be announced later in the session. As of 03:10 ET (08:10 GMT), the Dollar Index edged slightly lower to 103.900, following a 3% decline in March—its worst monthly performance since November 2022. Market Focus: “Liberation […]
The U.S. dollar strengthened on Wednesday, benefiting from safe-haven flows after Turkish authorities detained Istanbul Mayor Ekrem Imamoglu, the main political rival of President Tayyip Erdogan. The Turkish lira plunged in response, hitting an all-time low. At 0:45 ET (11:45 GMT), the Dollar Index—which measures the greenback against a basket of six major currencies—traded 0.3% […]
The U.S. dollar edged lower on Tuesday as investors awaited the Federal Reserve’s latest policy meeting, while the euro strengthened ahead of a key vote on Germany’s stimulus package. At 05:00 ET (09:00 GMT), the Dollar Index—which measures the greenback against a basket of six major currencies—traded 0.1 percent lower at 102.890, remaining above last […]
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. […]
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 […]
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. […]
