Sunday, 27 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Dollar Holds Decline Amid Strong Euro, Sterling
Tuesday, 4 March 2025 09:32 WIB | US DOLLAR |DOLLAR

The dollar index remained around 106.5 on Tuesday, after losing nearly 1% in the previous session, pressured by a strengthening euro and sterling amid growing hopes for a Ukraine peace deal.

European leaders, led by the UK and France, pledged increased fiscal spending and announced plans to present a Ukraine peace proposal to the US. Concerns about the US economy and expectations of further interest rate cuts by the Federal Reserve also weighed on the dollar. The latest ISM report showed that US manufacturing slowed more than expected in February, driven by easing demand, slower production, and rising prices, partly due to tariffs.

Investors are now focused on Friday's monthly jobs report for fresh insights into the labor market. Meanwhile, the dollar strengthened against the Mexican peso and Canadian dollar after President Trump confirmed that 25% tariffs on these countries would take effect as planned.

Source: Trading Economics

RELATED NEWS
US Dollar Strengthens Amid Fed Uncertainty And Renewed Trade Optimism ...
Friday, 25 July 2025 23:11 WIB

The US dollar (USD) traded with positive sentiment for the second consecutive day on Friday (July 25th), driven by upbeat US economic data and renewed optimism about trade. On Thursday, better-than-ex...

Dollar steadies as focus shifts to Fed, BOJ meetings ...
Friday, 25 July 2025 13:11 WIB

The dollar inched off two-week lows on Friday, but kept on track for its biggest weekly drop in a month, as investors contended with U.S. tariff negotiations before an August 1 deadline, while looking...

US Dollar Index gains traction to above 97.50 amid mixed US economic data ...
Friday, 25 July 2025 09:18 WIB

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades in positive territory for the second consecutive day around 97.55 duri...

Dollar Weakens as Trade Progress Boosts Other Currencies ...
Thursday, 24 July 2025 09:04 WIB

The US dollar index slipped toward 97 on Thursday, nearing a three-week low, as progress in trade talks with major partners lifted rival currencies. Reports indicated that the US and EU are moving clo...

US Dollar Weakens Despite US-Japan Trade Deal ...
Wednesday, 23 July 2025 23:12 WIB

The US dollar (USD) stabilized on Wednesday (July 23rd) after a sharp three-day decline. Traders appeared to be taking a breather as global trade tensions eased slightly after the US and Japan reached...

LATEST NEWS
S&P 500 Hits Fifth Straight Record Close

The S&P 500 rose 0.4% on Friday (July 25), notching its fifth consecutive record close—its longest streak in more than a year—while the Nasdaq 100 gained 0.2% after hitting an intraday high. The Dow Jones Industrial Average gained 208 points as...

Oil Prices Plummet, Closing At Three-Week Low Amid US And China Economic Concerns

Oil prices weakened on Friday (July 25th) and closed at a three-week low as traders worried about negative economic news from the US and China and signs of increasing supply. The losses were limited by optimism that a US trade deal could boost...

Gold Weakens As Dollar Strengthens, Trade Deal Hopes Reduce Safe-Haven Demand

Gold prices weakened on Friday, weighed down by a stronger U.S. dollar and signs of progress in U.S.-EU trade negotiations, which have dampened demand for safe-haven assets. Spot gold fell 0.9% to $3,336.01 an ounce at 2:01 PM ET (18:01 GMT). U.S....

POPULAR NEWS
Indonesia Stocks Hit Near 9-Month High, Break 7,500
Thursday, 24 July 2025 15:19 WIB

Equities in Indonesia rose 64 points, or 0.9%, to 7,555 around noon on Thursday, gaining for a second straight session and supported primarily by...

European Central Bank set to pause interest rate cuts amid US-EU trade uncertainty
Thursday, 24 July 2025 18:08 WIB

The European Central Bank (ECB) is on track to leave its key interest rates unchanged after its July policy meeting, after having reduced rates at...

Japan's Topix hits record high as Asia-Pacific stocks climb on trade deal optimism
Thursday, 24 July 2025 07:36 WIB

Asia-Pacific markets opened higher as the latest trade developments between the U.S. and Japan, as well as positive signs for a deal with the...

United States Initial Jobless Claims
Thursday, 24 July 2025 19:53 WIB

Initial jobless claims in the US fell by 4,000 from the previous week to 217,000 in the third week of July, well under market expectations that they...