Dollar

The Australian Dollar rises amid reports that Trump may fast-track the implementation of tariffs on US Copper imports. Australian Treasurer Jim Chalmers unveiled the 2025/26 budget on Tuesday, proposing tax cuts totaling around A$17.1 billion over two rounds. The US Dollar strengthens as market caution grows ahead of US President Donald Trump's tariff announcement on

The US Dollar Index gains ground to near 103.60 in Tuesday’s early European session, up 0.14% on the day. The negative outlook of the index remains in play with a bearish RSI indicator.  The first support level to watch is 103.35; the immediate resistance level is seen at 104.10.  The US Dollar Index (DXY), an index of the

The US Dollar Index climbs to around 107.95 in Tuesday’s Asian session, up 0.56% on the day.  Trump said new tariffs will target semiconductors, pharmaceuticals and steel. The Fed is likely to hold interest rates steady at its January meeting on Wednesday.  The US Dollar Index (DXY), an index of the value of the US Dollar (USD)

The Australian Dollar loses ground despite new economic measures by the Chinese authorities.  Chinese authorities permit 100 billion Yuan of pension funds to boost investments in domestic equities to stabilize the stock markets. The S&P/ASX 200 Index declined, driven by a drop in mining stocks as weaker commodity prices put pressure on the sector. The

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The US Dollar trades sideways and remains unphased by headlines out of China about ramping up bond sales next year.  Chinese policymakers plan to sell a record 3 trillion yuan of special treasury bonds in 2025, the highest on record. The US Dollar Index (DXY) resides above 108.00, very close to eke out a fresh two-year

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The US has been weaponising its currency — but that comes with a cost...