Thursday , 6 March 2025
Home Forex US Dollar sees rally stall ahead of 108.00 on sluggish Durable Goods print
Forex

US Dollar sees rally stall ahead of 108.00 on sluggish Durable Goods print

The US Dollar Index (DXY), which tracks the performance of the US Dollar against six different major currencies, orbits around 108.00 throughout the European session and is up over 0.50%. The Nvidia rout from Monday, where Nvidia (NVDA) lost over $600 billion in market capitalization at one point, played into US President Donald Trump’s hand

Leave a comment

Leave a Reply

Your email address will not be published.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

Related Articles

Mexican President confirms tariff agreement with Trump

A tweet from the Mexican President:Many thanks to President Donald Trump. We...

Additional tariff exemptions coming later today – report

Here is the latest from Fox Business reporter Edward Lawrence:President Trump announces...

USDCAD moves outside consolidation area below 1.4268 to 1.4279. Now close resistance.

The USDCAD dropped sharply after U.S. Commerce Secretary Lutnick suggested that tariffs...

ECB sources: The chance of a pause in rate cuts in April is growing

The market is pricing in a 43% chance of an April cut...