03 Feb, 2025
3 mins read

As Trump tariffs strengthen the dollar, Asian currencies decline; the Indian rupee reaches a record low.

Dollar Index Surge Pressures Regional Currencies as INR Hits Record Low Monday saw a strong decline in Asian currencies as the U.S. dollar strengthened following the weekend imposition of tariffs by U.S. President Donald Trump on a number of nations. The dollar index, which compares the value of the US dollar to a number of […]

3 mins read

Forex Today: Trump delivers on tariff threats, and the US dollar rises

What you need to know: As markets take a cautious approach in response to US President Donald Trump’s tariff announcements, the US dollar (USD) strengthens on the first trading day of February. Investors will be eagerly monitoring January inflation statistics from the Euro region later in the European session. ISM Manufacturing PMI data for January […]

4 mins read

Amid US tariff trade concerns and worse Chinese PMI data, some sellers push the NZD/USD below 0.5550.

NZD/USD Drops to 0.5545 in the Early Asian Session Monday’s Asian trading hours will see some selling pressure on the NZD/USD pair, pushing it to about 0.5545. Following US President Donald Trump’s announcement of tariffs and China’s Caixin Manufacturing PMI coming in lower than anticipated in January, the New Zealand Dollar (NZD) depreciates as trade […]

2 mins read

As US tariffs on Canada and Mexico are set to expire, currency markets expect turmoil.

The global currency markets are bracing for possible changes as the deadline for US tariff increases on Canada and Mexico approaches. According to FX options signals, the Canadian dollar is expected to be damaged the most. President Donald Trump has set Saturday as the deadline for placing 25% tariffs on imports from Mexico and Canada. […]

7 mins read

Despite the risk-off mentality, the Australian dollar remains stable, with the US PCE being eyed.

The Australian Dollar (AUD) will try to put an end to its four-day losing streak against the US Dollar (USD) on Friday. However, the AUD/USD pair declined because of risk-off sentiment after renewed tariff threats by US President Donald Trump against China. Investors await more clarity from Trump’s tariff policies. President Trump again repeated his […]

3 mins read

AUD/JPY holds advances over 96.00; upside appears limited due to Trump’s tariff threats

AUD/JPY ends two days of losses, trading around 96.00 during Asian hours on Friday. However, the AUD/JPY cross’s upward potential may be limited as the Australian Dollar (AUD) struggles amid the increased possibility of a rate cut by the Reserve Bank of Australia (RBA) in February. The ASX 30-Day Interbank Cash Rate Futures February 2025 […]

2 mins read

Trade Wars & Tariffs: Is Trump’s Bold Move a Risk or a Remedy?

The global economy has been rocked by rising trade tensions, with the United States at the core of the Trump administration’s tariff-driven policies. Tariffs intended to defend domestic businesses and reduce trade imbalances have provoked heated discussion about their long-term implications. The Roots of the Trade War The United States-China trade war began in 2018, […]