US President Donald Trump signed another Executive Order late Tuesday, signaling for the US Commerce Department to launch an official "probe" into Copper markets.
The Japanese Yen (JPY) extended its gains versus the US Dollar (USD) on Tuesday, which was helped by the fall of US Treasury bond yields as consumer confidence deteriorated further, according to the Conference Board.
The AUD/JPY cross deepened its losses on Tuesday, with sellers firmly in control as the pair recorded a fresh low since mid-September near the 94.00 mark.
The Canadian Dollar (CAD) shed one-quarter of one percent against the US Dollar (USD) on Tuesday, bolstering USD/CAD and keeping the pair bid into the 1.4300 handle.
The US Dollar remained well on the defensive, dropping to the area of multi-week lows as investors’ jitters over the health of the US economy gathered extra steam, while uncertainty around tariffs also contributed to the cautious stance.
The US Dollar Index (DXY), which measures the performance of the US Dollar (USD) against a basket of six major currencies, posts small losses and falls to near 106.30 on Tuesday.
The Mexican Peso (MXN) extends its losses for the third straight day against the Greenback as market sentiment shifts sour due to United States (US) President Donald Trump's reiterating that tariffs on Mexico are on schedule.
Federal Reserve (Fed) Bank of Richmond President Thomas Barkin cast his bets on another decline in Personal Consumption Expenditure (PCE) inflation later this week, noting that the Fed has made singificant progress on inflation.
Reserve Index Protocol introduces DTFs, allowing anyone to create, trade, and redeem crypto index products with instant 24/7 access and real-time transparency.
Consumer confidence in the US took a hit in February, with the Consumer Confidence Index slipping to 98.3 (from 105.3) according to the Conference Board.
Latin Americans have long struggled with currency devaluation and limited access to stable savings options. Now, Colombian fintech Littio is expanding its financial offerings by introducing a Euro-...
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