The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is devaluing substantially towards 106.50 at the time of writing, amounting to over 1.5% loss on the week since Monday. United
US Dollar (USD) longs are caught wrongfooted. Even as Trump signed an executive order to impose reciprocal tariffs, they will not come into effect until 1 Apr.
The Eurozone economy witnessed a growth of 0.1% in the quarter to December of 2024, surpassing the preliminary reading of 0%, the second estimate released by Eurostat showed on Friday.
Responding to US President Donald Trump’s reciprocal tariffs plan on Friday, the European Commission noted that “Trump's reciprocal tariffs are a step in the wrong direction.” Additional takeaways The European Union (EU) remains committed to an open and predictable global trading system that benefits everyone.
West Texas Intermediate (WTI) crude Oil price extends its gains for the second successive day, trading around $71.50 per barrel during early European hours on Friday.
Here is what you need to know on Friday, February 14: The US Dollar holds steady in the European morning on Friday after suffering large losses against its major rivals on Thursday.
The US Dollar Index (DXY), which tracks the US Dollar's (USD) performance against six major currencies, remains stable after losses in the previous session.
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