USD depreciation

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Articles related to USD depreciation

Tug of War: USD Sinks Amid Weak NFP Data and Escalating Tariff Tensions

Given the current macro and geopolitical backdrop globally, the ECB yesterday were unwilling to provide much in the way of strong guidance but the description of the monetary stance being “more meaningfully less restrictive” helped to provide further modest support for yields with EUR/USD extending the significant gains already recorded this week.

ECONOMY

Lee Hardman

US Economic Woes Deepen: Consumer Sentiment Plunges, Tariffs Escalate, and Markets Sink

A drop in consumer sentiment brought fresh concerns about the US economic growth. Most major equity indices sold off and government bonds rallied, with the 10Y US Treasury yield dropping 11bp to 4.29%. Market digested news that Ukraine is going to sign a minerals deal with the US, and a confirmation from the US president that US tariffs on Canadian and Mexican imports will go up next week.

STOCKS

Mantas Vanagas