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USD/CAD drops to near 1.4400 amid US growth concerns
The USD/CAD pair continues to decline for the second straight session, hovering around 1.4400 during early European trading hours on Wednesday. The US Dollar (USD) remains under pressure amid rising concerns over slowing economic growth and the impact of newly imposed tariffs. President Trump’s...
Fxstreet
Wed, Mar 5
Forex Today: US Dollar remains fragile as focus shifts to data releases
Here is what you need to know on Wednesday, March 5: The US Dollar (USD) continued to weaken against its rivals on Tuesday and the USD Index slumped to its weakest level since early December, pressured by growing concerns over an economic slowdown.Fxstreet
Wed, Mar 5
Dollar falls, currencies volatile on trade war escalation
SINGAPORE, March 5 (Reuters) - The dollar dropped to a three-month low on Wednesday as markets reeled from a trade war triggered by U.S. President Donald Trump, who again vowed reciprocal tariffs in his first speech to Congress since taking office.Reuters
Wed, Mar 5
GBP/USD holds positive ground near 1.2800, Bailey's testimony in focus
The GBP/USD pair trades with mild gains to near 1.2790 during the early European trading hours on Wednesday. The US Dollar (USD) hovered near a three-month low amid concerns over slowing US economic growth and the impact of tariffs.Fxstreet
Wed, Mar 5
FOREX-Dollar recoups some losses as Trump speaks to Congress, euro supported
Dollar gains some ground, euro rises to highest since November 13Risk appetite fragile as investors assess trade war impactChina keeps 2025 economic growth target unchanged at roughly 5%By Rae Wee SINGAPORE, March 5 (Reuters) - The dollar regained some lost ground on Wednesday but was still langu...Reuters
Wed, Mar 5
Japan shares view on forex with US, finance minister Kato says
TOKYO, March 5 (Reuters) - Japan's Finance Minister Katsunobu Kato said on Wednesday that Japan has shared views with the United States regarding foreign exchange rates. "With the United States, we've already shared the understanding that exchange rates are determined by the market, and ...Reuters
Wed, Mar 5
Australia, NZ dollars skid as tariff worries weigh, China stimulus fails to impress
SYDNEY, March 5 (Reuters) - The Australian and New Zealand dollars skidded again on Wednesday, weighed down by worries about U.S. tariffs and policy stimulus from China that failed to impress, after a short-lived rally a day earlier. The Aussie AUD=D3 fell 0.5% to $0.6240, having risen 0.8% overnigh...Reuters
Wed, Mar 5
