The Pound Sterling extended its gains versus the US Dollar on Tuesday as the latter continued to plunge, due controversial trade policies by US President Donald Trump, adding an additional 25% in aluminum and steel imports from Canada, as the latter apply duties on electricity imported to New York, Michigan and Minnesota.
The US President Donald Trump revealed on this Truth Social account that he is imposing an additional 25% tariff, to 50% on aluminum and steel imports from Canada to the US.
According to Tuesday’s Job Openings and Labor Turnover Survey (JOLTS) from the US Bureau of Labor Statistics (BLS), job openings totaled 7.74 million at the end of January.
Last week we revised up our EUR/USD forecasts significantly mostly on the back of the will of the German coalition-in-waiting to change the country’s debt brake and unleash a substantial amount of fiscal spending, Rabobank's FX analyst Jane Foley notes.
The USD/JPY pair recovers strongly to near 148.00 in North American trading hours on Tuesday after posting a fresh five-month low of 146.50 earlier in the day.
Pound Sterling (GBP) is firmer on the session, with the EUR’s gains still proving the GBP with its essential dynamism, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Spot trading is turning a little choppy on the day as the Euro (EUR) probes the 1.09 area but further EUR gains look likely as investors focus on the massive loosening in Eurozone fiscal policy and the jump in yields that resulted and contrast that with lower yields and growth concerns in the US that is chipping away at the 'US exceptionalism' narrative, Scotiabank's Chief FX Strategist Shaun Osborne notes.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, breaking to lower levels not seen since October 2024. The index trades above 103.40 at the time of writing on Tuesday just minutes United States (US) President Donal Trump lashed out at Canada by increasing steel and aluminium tariffs to 50% for Canada.
Gold’s price (XAU/USD) trades above $2,910 at the time of writing on Tuesday and has overturned this week's loss into a profit for now, ahead of the US trading session. The surge is the result of a domino effect originated by the headline from the German
EUR/USD is trading firmer above 1.0900. Germany’s CDU/CSU and SPD coalition are in high-stakes negotiations with the Green party to get the draft debt package passed in the current parliament, BBH FX analysts report.
European Central Bank (ECB) policymaker Olli Rehn said on Tuesday that “forecasts and indicators of core inflation suggest that inflation will align with 2% target.” “US tariffs could cut global output by more than 0.5% this year and the next,” Rehn added.
EUR/USD remains in the low-1.08-1.09 range in a relatively quiet start to the week, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.
Australian Dollar (AUD) is under mild downward pressure and could test 0.6250 vs US Dollar (USD); the major support at 0.6215 is not expected to come into view.
토론 구독토론에 누군가 게시하면 알림 받기사이트에서 발생한 알림이 이메일로 전송됩니다. 구독을 통해 수신하게 될 이메일 알림의 빈도를 선택하세요.이메일 빈도:
구독
| 리뷰 작성
Important Information Before You Sign Up as a Company
Before you proceed, please read this important information about our review and rating policies.
Do – Get real customer reviews and embed our ratings widgets
Do – Get real customer reviews and embed our ratings widgets
Showcasing real experiences builds trust and drives long-term success. Our widgets highlight authentic customer feedback, boosting credibility. They link directly to your review page, making it easy for customers to share their experiences—so place them where happy clients can see and contribute.
Don't – Attempt to trick our system with fake reviews
Don't – Attempt to trick our system with fake reviews
We outperform other platforms in detecting fake reviews—our system gets smarter with more reviews. Using automated and human analysis, we monitor review trends, company history, and network and engagement patterns to flag suspicious reviews. Spam reviews appear in the spam tab, alerting the community, and repeated abuse may trigger manual violations. The best strategy? Rely on real, satisfied customers to build your rating honestly.