Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), held steady at 2.3% on a yearly basis in February, Destatis' flash estimate showed on Friday.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, looks set to close off this week around 107.30, which is the level at the time of writing on Friday. The DXY tries to keep a hold on that level. Markets got shaken up again overnight as United States (US) President Donald Trump confirmed that tariffs for Canada and Mexico are going into effect on March 4. Meanwhile, China will face an additional 10% levy on the same day.
The upcoming weekend meeting between Donald Trump and Volodymyr Zelensky is not just a diplomatic event—it carries major implications for capital markets. Some of the risk-off we've been seeing this week might be a lot about that potential risk, among other factors (like NVDA earnings on Wed night).
USD/JPY rallied above 150.00, BBH's FX analysts report. BoJ normalization cycle to continue "Tokyo February CPI inflation cools more than anticipated and supports the case for a gradual Bank of Japan normalization cycle.
Gold’s price (XAU/USD) is getting knocked out and is facing a substantial 3% loss since it printed a new all-time high at $2,956 on Monday at the start of this week. The precious metal currently trades at $2,860 at the time of writing, after United States (US) President Donald Trump reiterated that tariffs for Mexico
Turning to China, the extra 10% tariff next Tuesday is an aggressive surprise and follows a 10% across-the-board increase in tariffs on 4 February, ING’s FX analysts Chris Turner notes.
Australian Dollar (AUD) could continue to decline vs US Dollar (USD), but the major support at 0.6190 could be just out of reach. In the longer run, further AUD declines seem likely; the level to monitor is 0.6190, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
The AUD/USD pair posts a fresh three-week low near 0.6200 in European trading session after extending its losing streak for the sixth trading day on Friday.
Just as we were discussing the diminishing impact of tariff rhetoric on FX markets, President Trump yesterday emphatically delivered 4 March as the date on which tariffs would go into effect, ING’s FX analysts Chris Turner notes.
USD/CAD rallied yesterday as Trump outlined a tariff schedule that explicitly includes duties on Canada and Mexico from 4 March, ING's FX analyst Chris Turner notes.
USD/CNH has experienced a gradual decline after facing strong resistance at graphical level of 7.37 representing highs of 2022/2023, Societe Generale's FX analysts report.
The continued measure of UK PM Keir Starmer's relatively warm relationship with Donald Trump can be marked by the fact that when tariff noise picks up, EUR/GBP trades lower, ING's FX analyst Chris Turner notes.
Steep decline appears to be excessive, but Euro (EUR) could test 1.0375 vs US Dollar (USD); significant support at 1.0330 is unlikely to come into view.
The emphatic nature of the tariff threat has proved a wake-up call for EUR/USD and traded volatility prices have jumped, ING's FX analyst Chris Turner notes.
Here is what you need to know on Friday, February 28: The US Dollar (USD) Index, which tracks the USD's performance against a basket of six major currencies, clings to small daily gains after touching a two-week-high near 107.50 early Friday.
Está intentando iniciar sesión desde un dispositivo nuevo o con autorización caducada. Verifique este dispositivo ingresando el código de autorización enviado a su correo electrónico.
suscríbase a esta discusiónNotificarme cuando alguien publique en esta discusiónLas notificaciones ocurren en el sitio web y por correo electrónico. Indique la frecuencia con la que desea recibir notificaciones por correo electrónico para esta suscripción.Frecuencia de correos electrónicos:
Suscribirse
| Escriba una reseña
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.
¡Comparta su reseña!
¡Esperamos que esté disfrutando de nuestros servicios y nos encantaría conocer su experiencia!
Haga clic en uno de estos links para dejar una reseña: