Logo-color Logo-white

Dollar is leading the major currencies this week as investors digest an escalating trade war campaign from Washington. While steep tariffs typically raise concerns about disruption to global supply chains and demand, the Trump administration is clearly framing tariffs as a tool not only for reshoring production but also for offsetting revenue losses from recent […]

The post Dollar Leads as Tariff Windfall Fuels Fiscal Hopes, Copper Soars on Tariff News appeared first on Action Forex.

previous

Markets Unfazed by Trump Tariff Letters; Kiwi Outshone by Aussie ahead of RBNZ Hold

next

Dollar Pauses as Markets Await FOMC Minutes, Overall Action Muted

Read More

Job Data and US-China Rapprochement Fuel Dollar Rebound Prospects
07/06/2025

Job Data and US-China Rapprochement Fuel Dollar Rebound Prospects

Risk sentiment improved last week, driven by the solid US non-farm payroll report that helped ease fears of a deepening slowdown. Adding to the optimism was a thaw in US-China relations. While no concrete breakthrough emerged, the fact that both sides were willing to engage again offered some relief to global markets weary of tariff […]
Yen and Nikkei Tumble as Japan Prepares for Snap Election, Dollar Extends its Dominance
23/10/2024

Yen and Nikkei Tumble as Japan Prepares for Snap Election, Dollar Extends its Dominance

Japanese Yen and the Nikkei index have both been hammered this week as political uncertainty ahead of Japan’s snap election seemed to be rattling investor confidence. Yen accelerated its slide against Dollar through 153 mark while Nikkei ended the day with a sharp loss of over 300 points. Prime Minister Shigeru Ishiba’s dissolution of the […]
Yen Leads Markets, Dollar Weakens With Reversal Risks
27/11/2024

Yen Leads Markets, Dollar Weakens With Reversal Risks

Yen is asserting dominance in today’s markets, benefiting from notable decline in US and European benchmark treasury yields. US 10-year yield, in particular, is seeing a renewed drop, which is gaining momentum alongside the weakening USD/JPY. This raises the risks that both could be reversing their rallies that began in mid-September. However, with reduced liquidity […]