Tariff Tensions Drive Dollar and Commodities Higher (31 March - 4 April)The US dollar index is set to end the week higher as the Fed raised inflation forecasts, citing tariff risks.
Fed Stays Course, ECB & BoE Cautious (24-28 March)The US dollar index rose toward 104, ending the week higher as the Fed held rates steady but reaffirmed plans for two cuts in 2024. Powell downplayed Trump’s tariffs, citing no urgency for more cuts. Trade tensions and economic uncertainty supported the dollar.
Trade Tensions Rise, and Japan GDP Surprises (17-21 March)The dollar index remained steady as traders assessed the trade war’s impact.
Job Data Disappoints with Tariff Uncertainties (10-14 March)The dollar index fell for the fifth straight session, hitting a four-month low of 103.7, as tariff uncertainties and economic concerns weighed on sentiment.
Gold Sees First Loss in Nine Weeks (3-7 March)The dollar surged 1% on Thursday after Trump confirmed 25% tariffs on Mexico, Canada, and the EU, and a 10% tariff on China starting March 4.
RBA and RBNZ Cut Rates, Inflation Remains a Concern (24 – 28 Feb)The dollar index fell as weak US business sentiment and stagnant PMI data fueled speculation on Fed rate cuts, while Trump's limited tariffs eased concerns.
Dollar in Freefall, Euro and Pound Rally (17-21 February)The dollar fell sharply as U.S. retail sales dropped 0.9% (vs. expected 0.1%), reinforcing Fed rate cut expectations despite CPI and PPI exceeding forecasts.
Weak Jobs Data Fuels Rate Cut Speculation (10-14 Feb)The dollar index fell after a weak jobs report, raising speculation about Fed rate cuts.
