The US dollar is modestly recovered as the markets evaluate the latest headlines in the Trump tariff policy
Here is what you need to know on Wednesday, February 26:
the US dollar (USD) He holds his land against his competitors early on Wednesday, as markets adopt a cautious position. The US economic calendar will contain new home sales data for January. Later in the American session, the Federal Reserve Chairman at Atlanta Rafael Bustic and Federal President Thomas Parkin will deliver speeches.
US dollar price this week
The table below shows the percentage of change in the US dollar (USD) against the main currencies listed this week. The US dollar was the weakest against the Swiss franc.
| US dollar | euro | GBP | JPY | CAD | Aud | Nzd | Chf | |
|---|---|---|---|---|---|---|---|---|
| US dollar | -0.32 % | -0.15 % | 0.22 % | 0.71 % | 0.43 % | 0.52 % | -0.41 % | |
| euro | 0.32 % | 0.08 % | 0.38 % | 0.85 % | 0.74 % | 0.65 % | -26 % | |
| GBP | 0.15 % | -08 % | 0.32 % | 0.76 % | 0.68 % | 0.57 % | -0.34 % | |
| JPY | -0.22 % | -0.38 % | -0.32 % | 0.49 % | 0.29 % | 0.38 % | -53 % | |
| CAD | -0.71 % | -0.85 % | -0.76 % | -0.49 % | -0.33 % | -0.19 % | -1.09 % | |
| Aud | -0.43 % | -0.74 % | -68 % | -0.29 % | 0.33 % | -0.09 % | -0.99 % | |
| Nzd | -52 % | -65 % | -57 % | -0.38 % | 0.19 % | 0.09 % | -0.90 % | |
| Chf | 0.41 % | 0.26 % | 0.34 % | 0.53 % | 1.09 % | 0.99 % | 0.90 % |
The heat map shows the percentage changes in the main currencies against each other. The basic currency is chosen from the left column, while the quotation currency is chosen from the top row. For example, if you choose the US dollar from the left column and move along the horizontal line to the Japanese yen, the percentage offered in the box will represent the USD (base)/JPY (quote).
Scott Bessen, US Treasury Secretary of the United States, said after the Trump administration finds a way to reduce spending and reduce monetary policy at the same time as the dollar was weight on Tuesday. With the US T-Fond return for 10 years by more than 2 % a day, the US dollar index has lost about 0.4 %. Early on Wednesday, the 10 -year return on positive lands remains above 4.3 %, and the dollar index reaches recovery gains at about 106.50.
Meanwhile, Peter Navarro, commercial advisor to US President Donald Trump, said that the customs tariff negotiations with Canada and Mexico indicated that they would put a mutual tariff for digital services tax. In addition, Trump signed an executive order late on Tuesday to launch an official investigation into the copper markets, specifically an investigation into the pricing of future markets and delivery markets, noting concerns about national security.
Euro/dollars More than 0.4 % rose on Tuesday, but lost its upward momentum early Wednesday. At the time of the press, the husband was trading marginally a day, a few points less than 1.0500. Earlier in the day, data from Germany showed that the GFK Consumer Index in March fell to -24.7 from -22.6.
After the retreat of the two, GBP/USD Small gains registered on Tuesday. In the European morning on Wednesday, the husband fluctuates in a narrow channel in about 1.2650.
Aud/USD He failed to take advantage of the pressure pressure surrounding the US dollar and its closure in the negative lands for the third consecutive day in a row on Tuesday. The pair remains on the back foot early on Wednesday and trading less than 0.6350. In the Asian session, data from Australia showed that the annual Consumer Prices Index (CPI) increased by 2.5 % in January, which corresponds to the December increase.
USD/JPY It lost approximately 0.5 % on Tuesday and recorded the lowest daily closure since early October. The couple wears a rebound in the European morning on Wednesday and is trading near 149.50.
gold He was subjected to heavy sale on Tuesday and lost more than 1 % a day. After touching its lowest level in more than a week at $ 2,888, Xau/USD managed to erase part of its daily losses to close over $ 2900. Even writing, the husband was moving up and down at a narrow channel slightly higher than $ 2,910.
The risks of feelings common questions
In the world of financial terminology, the terms used on a large scale “risks” and “risk” indicate the level of risks that investors in the stomach want during the aforementioned period. In the “risk” market, investors are optimistic about the future and more willing to buy risk -framed assets. In the “risk” market, investors start playing it safely because they are concerned about the future, thus buying less risky assets more confirming than bringing back, even if they are relatively modest.
Usually, during periods of “risks”, stock markets will rise, most goods-with the exception of gold-value, will benefit from positive growth expectations. The currencies of countries that are a source of heavy goods are enhanced due to increased demand and the height of encrypted currencies. In the “risk” market, the bonds-especially the major government-golden barking bonds, and safe clips such as the Japanese yen, the Swiss franc and the US dollar.
The Australian dollar (AUD), the Canadian dollar (CAD), the New Zealand dollar (NZD) and micro FX such as Ruble (Rub) and South Africa (ZAR), all of whom tend to rise in the “risk-risk-risk” markets. This is because the economies of these currencies are largely dependent on the exports of basic commodity for growth, and goods tend to rise in prices during risk periods. This is because investors expect more demand for raw materials in the future due to an increase in economic activity.
The main currencies that tend to rise during “risk” periods are the US dollar (US dollar), Japanese yen (JPY) and Swiss franc (CHF). The US dollar, because it is the world’s reserve currency, and because investors in times of crisis buy the debts of the US government, which are safe because the largest economy in the world is unlikely to fail to pay. Elaine, from increasing demand for Japanese government bonds, because a high percentage is kept by local investors who are unlikely to get rid of them – even in a crisis. The Swiss franc, because strict Swiss banking laws provide investors to protect capital.
