Today at 5:45 AM | Dollar

Reuters: volatility in the US market continues to pressure the dollar

Reuters: volatility in the US market continues to pressure the dollar

As reported by Reuters, the US dollar remains near a five-month low, pressured by President Donald Trump's tariff policies and weak US economic data. Analysts at Goldman Sachs, Dominic Wilson and Kamakshi Trivedi, noted that America's market position is weakening due to the resulting uncertainty. 

Economic data released on Friday showed US consumer sentiment falling to a two-year low, while inflation expectations are on the rise, according to Reuters.

The US dollar remained stable near its recent low during the Asian trading session on Monday. As the agency recalled, the dollar had reached a two-year peak in January. Since then, the dollar index has fallen by approximately 6%, as hopes for economic growth under Trump have diminished amid fears of ongoing trade uncertainty.

Elena Dorohina MarketCheese
Period: 24.03.2025 Expectation: 100 pips
Buying Brent with target of $72 per barrel
Today at 08:16 AM 4
Period: 24.03.2025 Expectation: 1593 pips
S&P 500 is in correction due to trade tensions and recession fears
Today at 07:00 AM 13
Period: 21.03.2025 Expectation: 1400 pips
GBPUSD is poised for a pullback towards the trend line
14 March 2025 102
AntonVolkov
AntonVolkov

Listed among the best MarketCheese authors
2nd in the segment "Metals"
Period: 26.03.2025 Expectation: 670 pips
Brent prices may rebound amid trade instability
14 March 2025 89
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segments "Currencies", "Crypto" and "Oil and gas"
Period: 31.12.2025 Expectation: 1000 pips
Buying Brent in case of price reduction to $60–65 per barrel
14 March 2025 51
Period: 21.03.2025 Expectation: 544 pips
AUDCAD may rise to 0.91242 due to worsening situation in Canada
14 March 2025 30
Go to forecasts