Wednesday , 5 February 2025
Home Forex US Dollar gives up ground after China’s response on US tariffs
Forex

US Dollar gives up ground after China’s response on US tariffs

The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, loses momentum on Tuesday after struggling to revisit the 110.00 level and declined below 108.00.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

New Zealand data – ANZ World Commodity Price Index +1.8% m/m in January (prior +0.1%)

New Zealand data - the ANZ World Commodity Price Index for January...

Japan January services PMI 53.0 (prior 50.9)

Japan January services PMI 53.0prior 50.9flash was 52.7grew for the third consecutive...

Fed’s Jefferson says there is no need to hurry further rate cuts

Federal Reserve Vice Chair Philip JeffersonNo need to hurry further rate cuts,...

ANZ says NZ jobs data don’t stand in the way of RBNZ 50bp cut at meeting on 19 February

ANZ's main points:The Q4 labour market data were broadly as expected. The...