Dollar Rises as Correction Runs Its Course

Feb 18 2025, 15:18 The dollar rises as its recent downward correction has likely run its course in the absence of tangible negative drivers, ING analyst Francesco Pesole says in a note. Markets will remain focused on any developments on U.S.-Russia talks over the Ukraine war, he says. Barring any major breakthrough, the “optimistic push…

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USD/CHF strengthens on renewed US Dollar demand

Feb 18 2025, 15:06 The USD/CHF pair extends its recovery to around 0.9030 during the early European session on Tuesday, bolstered by a firmer US Dollar (USD). Investors brace for the release of the NY Empire State Manufacturing Index for February, which will be published later on Tuesday. Also, the Federal Reserve’s (Fed) Mary Daly…

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USD/JPY remains above 152.50, downside appears as Trump postpones reciprocal tariffs

Feb 14 2025, 10:24 USD/JPY remains steady after registering losses in the previous session, trading around 152.60 during the Asian hours on Friday. The pair faced challenges following US President Donald Trump’s decision to postpone the implementation of reciprocal tariffs. Additionally, the US Dollar (USD) weakens amid falling US yields across the curve, despite ongoing…

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