Invesco DB USD Index Bullish Fund ETF (UUP)

The USD/CAD pair weakens to near 1.4365 during the late American session on Wednesday.

Gold price rises late in the North American session, unfazed by high US Treasury bond yields and a stronger US Dollar on Wednesday.

The AUD/USD pair added to Tuesday’s uptick and trespassed the 0.6300 hurdle despite a decent rebound in the Greenback.

Stocks managed to hold a little bounce. They were cheered by this morning's CPI numbers.

The major Asian stock markets had a mixed day today.

The US Dollar continues to extend its slide, now to the lowest level since October 2024.

Mexican Peso drives USD/MXN towards the 20.00 figure.

The USD/JPY was testing the lower bound of a major resistance zone between 149.00 to 150.00. This area was previously a key support zone that gave way last week.

EUR/USD was seen trading around the 1.0900 area after the European session, moving sideways with neutral momentum.

The next phase of the evolving trade war that is both a cause and effect of strain in the traditional US alliance, in North America, Europe, and Asia Pacific has begun.

GBP/USD continues its strong rally amid US-Canada trade tensions, with technical indicators pointing to further gains toward 1.3100.

Inflation eased in Feb. 2025, coming in lower than expected, reinforcing Fed's path towards rate cuts. CPI fell to 2.8%, down from 3.0% in Jan.

USD/JPY climbed to 148.19 on Wednesday, marking its second consecutive session of gains after touching a low of 146.53, its weakest level since 4 October 2024.

Dollar set to resume lower from technical and Elliott wave perspective, even if US CPI triggers a rally that can be only a correction within downtrend.

USDCHF remains in a corrective phase, with wave 2 in play following wave 1’s completion.

EUR/USD eases as the EU announces retaliatory tariffs. USD/JPY rises ahead of US CPI data.

Markets are closely watching the US CPI data release due today, which is expected to show prices rising by 0.3% month-on-month.

Trade tensions have intensified with the implementation of US duties on steel and aluminum today, following yesterday's temporary threat to double tariffs on Canada.

The Pound Sterling clings to gains near 1.2950 against the US Dollar ahead of the US CPI data for February on Wednesday.

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The Japanese Yen (JPY) weakens further against its American counterpart for the second straight day, pushing the USD/JPY pair back above the 148.00 mark during the Asian session on Wednesday.

The US Dollar trades broadly in the red on Tuesday, devaluing further against most major peers.

After stabilizing yesterday, and into today, news of political developments in Germany suggest movement toward an agreement on defense spending and sent the dollar lower.

GBP/USD extended its recent bullish rally on Tuesday, shrugging off ongoing trade war concerns that are weighing down American market centers.