FORGOTTEN HISTORY: 33 | History Defined

Subsiding Tariff Risks Hammer the Dollar

The dollar index (DXY00 ) Friday fell by -0.53% and posted a 5-week low. President Trump’s softening approach toward tariffs is undercutting the dollar after he told Fox News Thursday evening that he would “rather not” use tariffs against China. Strength in the euro also weighed on the dollar after...

Barchart · Jan 24, 2025

Dollar Slumps on President Trump’s Softer Tariff Stance

The dollar index (DXY00 ) today is down by -0.60% and posted a 5-week low. President Trump’s softening approach toward tariffs is undercutting the dollar after he told Fox News Thursday evening that he would “rather not” use tariffs against China. Strength in the euro also weighed on the dollar...

Barchart · Jan 24, 2025

Stock Markets Build On Trump Rally, Yen Climbs After BoJ Rate Hike

In a much-anticipated speech via video link at the Davos World Forum in Switzerland, Trump pushed for lower interest rates and said he would cut taxes for companies investing in the United States while imposing tariffs on those who do not.

Latin Times · Jan 24, 2025

Dollar Gains on Stock Weakness and Higher Bond Yields

The dollar index (DXY00 ) today is up by +0.11%. The dollar today is slightly higher as stock weakness has boosted some liquidity demand for the dollar. Also, higher T-note yields today are supportive of the dollar. Gains in the dollar are limited after US weekly jobless claims rose more...

Barchart · Jan 23, 2025

Most Asian Markets Rise After Wall Street's AI-fuelled Rally

Shanghai was among the main winners, eating into year-to-date losses after China unveiled a fresh batch of measures aimed at boosting the country's stock markets as part of Beijing's moves to provide support to the stuttering economy.

Latin Times · Jan 23, 2025

Most Asian Markets Extend AI-fueled Rally

Asian equities mostly rose Thursday, cheered by another tech-fuelled run-up on Wall Street after Donald Trump's huge AI investment announcement, as traders assessed the outlook for the next four years under the new president.

International Business Times · Jan 23, 2025

Dollar Slightly Higher on Potential US Tariffs on China

The dollar index (DXY00 ) Wednesday rose by +0.09% after recovering from a 3-week low. The dollar recovered early losses after President Trump said that he is considering a 10% tariff on all Chinese goods in retaliation for the flow of fentanyl from the country. Also, dovish ECB comments Wednesday...

Barchart · Jan 22, 2025

Dollar Recovers as Trump Threatens Tariffs on China

The dollar index (DXY00 ) today is up by +0.11%. The dollar today recovered from a 3-week low and is mildly higher. The dollar recovered early losses after President Trump said that he is considering a 10% tariff on all Chinese goods in retaliation for the flow of fentanyl from...

Barchart · Jan 22, 2025

Dollar Slumps on Reduced US Tariff Threats and Lower Bond Yields

The dollar index (DXY00 ) Tuesday fell by -1.20%. The dollar fell sharply Tuesday after President Trump refrained from imposing new tariffs on Asian and European goods on his first day in office, which eases inflation concerns and may allow the Fed to keep cutting interest rates. Also, Tuesday’s decline...

Barchart · Jan 21, 2025

Dollar Falls as Trump Tariff Threats Recede

The dollar index (DXY00 ) today is down by -0.89%. The dollar is under pressure today after President Trump refrained from imposing new tariffs on Asian and European goods on his first day in office. Also, today’s decline in T-note yields weakened the dollar’s interest rate differentials and weighed on...

Barchart · Jan 21, 2025