US dollar news

Tensions between the USA and the EU seem to have resolved, but war drums continue to beat over Iran, as high volatility finally returns to the Forex market, while Silver and Gold soar to new record highs.

The EUR/USD jumped on Friday and went into the weekend around the 1.18263 ratio, this after trading near highs which were testing the 1.17500 resistance mark most of the week.

A weekly outlook on major markets including gold, currencies, Bitcoin, and equities with clear technical insights.

Despite a pause in tariff escalation, US–EU trade remains volatile under Donald Trump. From deficits and energy to services and the dollar, the trans-Atlantic relationship reveals deep ties — and clear vulnerabilities.

The US dollar remained quiet against the Mexican peso on Thursday, with the carry trade favoring downside momentum and the 17.50 level offering support.

The US dollar fell against the Swiss franc Thursday as the pair remains range-bound, with traders closely watching for potential SNB intervention near 0.79.

The US dollar dropped significantly against the Norwegian krone Thursday, pressured by rising Norwegian inflation, stronger oil, and ongoing risk sentiment shifts.

GBP/USD continues to struggle below the key 1.35 resistance level, with signs of exhaustion offering potential short opportunities targeting 1.3310.

The World Economic Forum has come to an end after a tense but ultimately anti-climactic week at Davos, with the US, Ukrainian and Canadian leaders attracting the most attention. Read DW's wrap of the summit.

The US dollar rallied against the Japanese yen ahead of Friday's BoJ meeting, with traders watching for dovish signals that could spark a move to 160.

The Euro saw modest gains on Thursday, staying range-bound as traders watch for a breakout above 1.1850 that could signal a push toward 1.20.

Donald Trump is due to name a new leader of the Federal Reserve at a tricky moment.

The US dollar weakened further against the South African rand on Wednesday, breaking support near 16.30 amid gold strength and favorable rate differentials.

The NASDAQ 100 turned lower on Wednesday, falling below the key 25,000 level as geopolitical tensions with Europe and risk-off sentiment weigh on tech stocks.

Earlier this month, a US military operation captured Venezuelan leader Nicolas Maduro and transported him to New York to face trial for narco-terrorism conspiracy. This was followed by the massive protests in Iran, which were bloodily suppressed by the Iranian regime. President Trump strongly hinted at a military response against Tehran and fears of war in the Middle East increased dramatically. T…

The US president said that his new pay-to-play, invitation-only body would "work with the United Nations." Meanwhile, Chancellor Friedrich Merz said, "The old world order is unraveling at breathtaking pace." DW has more.

Bitcoin is under pressure as global risk appetite weakens, with the cryptocurrency eyeing key support at $84,000 amid macroeconomic and geopolitical headwinds.

Trump comments on Greenland and Iran calm market volatility.

German Chancellor Friedrich Merz is addressing the World Economic Forum in Davos. In his speech, he is expected to respond to US President Donald Trump's ambitions to control Greenland. Watch Merz's speech live here.

The S&P 500 briefly rallied before pulling back on Wednesday as traders digested President Trump’s Davos speech, with key support holding at the 6800 level.

The USD/JPY pair remains volatile near 158 ahead of the Bank of Japan's rate decision, with interest rate differentials and bond market stress in focus.

AUD/USD, AUD/JPY Power Higher as Australian Unemployment Makes Surprise Fall; Trump Calms Markets by Renouncing Force on Greenland, Downplays Potential Iran War, Takes Tariffs Off Table - Stocks Recover; Gold Makes New Record Then Retreats; Japanese Bond Yields Hit Record Highs; US Final GDP & PCE Price Index Data Due Today

AUD/USD surged to its highest level since September after strong Australian jobs data fueled RBA rate hike bets, with bulls now targeting 0.6835.

BTC/USD rose above $90K after Trump suspended NATO tariffs and backed crypto legislation, though technicals warn of a possible pullback toward $85K.

The GBP/USD pair is poised for a bullish breakout above 1.3430 as strong UK inflation data and easing US-UK trade tensions fuel upside momentum.

One conservative justice warned that the White House interpretation of the law could "shatter" Federal Reserve independence.

US President Donald Trump has said a "framework of a future deal" on Greenland had been formed. He also said planned tariffs on European countries would not be imposed.

Trump's appearance at the WEF comes as US allies are increasingly concerned over his plans to take over Greenland. He is also expected to speak about his proposal to create a "Board of Peace." DW has more.

The EUR/USD pair is consolidating near 1.1730 amid renewed U.S.–EU tariff tensions, with traders eyeing a break above 1.1800 or a drop toward 1.1650.

Gold prices have surged to record highs near $4,800 per ounce, driven by safe-haven demand amid U.S. - EU tensions over Greenland and weakening Dollar confidence.

The USD/SGD pair fell sharply to test recent lows near 1.28375 as global risk sentiment deteriorates, with Trump’s Davos speech in focus.

The USD/BRL continues to trade within a tight range near 5.3750, but upcoming remarks from President Trump at Davos could spark short-term volatility.

The prospect of a renewed US/EU trade war over Greenland could produce wild moves in this currency pair

USD/JPY experienced major volatility on Tuesday amid rising Japanese bond yields, but strong carry trade dynamics continue to favor the US dollar.

The NASDAQ 100 bounced from key support at 25,000 on Tuesday as traders shifted focus from geopolitical noise to the upcoming earnings season.

Gold prices continue to climb on Tuesday as geopolitical tensions and US dollar weakness fuel bullish momentum, with $5,000 per ounce now in sight.

In Davos, Canada's PM Mark Carney said his nation stands with Greenland amid Trump's pursuit of the world's largest island. Carney also sharply criticized the US-led global order. DW has more.

The Australian dollar is testing major resistance against the USD, fueled by stronger Chinese manufacturing data, RBA rate hike expectations, and rising commodity demand.

The USD/CHF pair slipped amid safe-haven flows into the Swiss franc, but analysts expect a rebound as interest rate differentials and SNB intervention risks favor the dollar.

The AUD/USD pair extended its bullish momentum as the US dollar weakened and traders await key Australian employment data, with 0.6800 as the next upside target.

Bitcoin price plunged below $90,000 amid rising global risk aversion and technical breakdowns, with bearish momentum likely targeting the $85,000 level.

GBP/USD continues its upward momentum, fueled by a weakening US dollar and strong UK jobs data, with a bullish flag pattern targeting 1.3565 in the near term.

Gold and Silver Rise to Records on Greenland Tariff War / Iran War Fears; Trump Projects Greenland Acquisition, Heads to Davos for EU Meetings; Stock Markets Trading Lower, S&P 500 Index Stabilizes at 1-Month Low

The S&P 500 has pulled back to test the critical 6800 support level amid tariff-related market drama, presenting a possible buy-the-dip opportunity.

USD/CAD fell sharply on Tuesday amid broader dollar weakness and rising oil prices, but key support near the 200-day EMA and 1.3750 could attract buyers.

Europe faces waning influence amid wars, trade tensions, climate inaction and a US administration quick to hurl insults at its oldest allies. In Davos, leaders discuss how Europe can regain its mojo.

Europe faces waning influence amid wars, trade tensions, climate inaction and a US administration quick to hurl insults at its oldest allies. In Davos, leaders discuss how Europe can regain its mojo.

France's president said it was "fundamentally unacceptable" for the US to use tariff threats as "leverage against territorial sovereignty." His speech came ahead of US President Trump's visit to Davos. DW has more.

EUR/USD continues to face strong bearish pressure as traders react to escalating EU-US tensions and Fed rate outlooks, with 1.1500 emerging as a key support level.

Gold prices surged to record highs near $4,700 as escalating geopolitical tensions, a weakening dollar, and strong safe-haven demand push XAU/USD toward the $5,000 target.

The S&P 500 enters Tuesday’s session on shaky ground near 6,830, with traders watching for volatility amid geopolitical risks and nervous post-holiday sentiment.

The Nasdaq 100 enters Tuesday’s session near 25,529 with market sentiment cautious amid tariff threats, overbought tech concerns, and key economic events ahead.

The US dollar pulled back against the Canadian dollar on Monday in quiet holiday trading, with consolidation suggesting a potential dip-buying setup near 1.3750.

The Euro rallied amid thin US holiday trading, but traders are watching for signs of exhaustion as the broader EUR/USD downtrend remains intact.

The British Pound has been gaining very strongly against the US Dollar this week, but bulls now face a test as the price runs into resistance levels clustered around $1.3500.

Gold remains firmly bullish, supported by global trade uncertainty and central bank accumulation, with technicals pointing toward a potential move to $5,000 an ounce.

Bitcoin continues to attract buyers on dips, holding firm near the 50-day EMA as broader market volatility fails to derail its long-term bullish outlook.

Despite Monday's drop, USD/CHF is setting up for another long opportunity as the pair remains in a tight range and benefits from interest rate differentials.

The British pound rebounded from a gap lower on Monday amid thin US holiday trading, with attention now turning to key UK data and resistance near 1.35.

The US dollar recovered against the yen on Monday as risk sentiment stabilized, with buyers returning near 158 and eyes turning to a potential move toward 160.