All articles tagged with #dollar
Global markets shake as the White House reintroduces a 15% temporary global tariff following a Supreme Court ruling, sending US and European stock futures lower, the dollar weaker, and gold higher as traders brace for renewed trade-war uncertainty; bitcoin also slides and sentiment remains volatile amid evolving tariff dynamics and ongoing negotiations.
Gold traded mostly sideways over the past week despite U.S.–Iran tensions, signaling a softer safe-haven bid as the dollar strengthens and risk appetite returns. Prices briefly topped $5,000 but couldn’t sustain the move, with analysts saying the bull run may be losing steam and gold is acting more like a risk asset than a hedge. For gains to resume, gold would likely need to hold above $5,000 or endure a meaningful pullback with a catalyst; central‑bank buying and dollar dynamics continue to shape the outlook.
The U.S. dollar’s long-standing status as a global safe haven faces headwinds from rising debt costs, sanctions and tariffs, prompting investors to seek alternatives like gold and, increasingly, Europe’s push toward non-dollar digital payments (e.g., Wero). Foreign holders of U.S. Treasuries have fallen, China is diversifying into gold, and analysts warn the dollar could weaken further over time, though the timing remains uncertain.
ING analysts contend that the historical ‘Sell America’ trade era inflicted lasting damage on the U.S. dollar, shaping currency dynamics, potentially diminishing the dollar’s resilience and its status as a global reserve currency, with ongoing implications for exchange rates and global trade.
The dollar softens at the start of European trading as risk-on sentiment boosts overseas assets and a rally in US tech and Japan’s market backdrop supports risk assets; meanwhile, Chinese regulators warn against concentration risk in Treasuries. Traders await the January U.S. payrolls (NFP) data and CPI, which could reprice the Fed path. EUR steadies on potential European reform gains, while GBP remains pressured by UK political developments; in CEE, markets stay in ranges ahead of inflation and GDP data.
Gold edged lower as rising risk appetite boosted equities and investors awaited crucial U.S. payrolls and inflation data that could shape Federal Reserve policy; the dollar ticked higher and spot gold traded near $5,055 per ounce with April futures around $5,078.
Chinese regulators reportedly told banks to scale back holdings of U.S. Treasuries citing concentration risk and market volatility, with limits on new purchases and directives to reduce exposure; yields rose and the dollar fell on the news. The move was framed as financial-stability guidance rather than geopolitical maneuvering, and regulators did not specify a target. As of Sep 2025, Chinese banks held about $298 billion in USD-denominated bonds, with unclear how much are Treasuries, adding to market chatter about who will keep financing the U.S. debt.
Gold futures climbed back above $5,000/oz, rising about 2% to roughly $5,051, as a softer dollar rekindles safe-haven demand; silver also gained, and traders await upcoming U.S. jobs and inflation data to gauge the path of Fed rate cuts, with some analysts seeing room for gold to retest record highs.
Silver prices slumped in European trade, with spot silver down about 10% to around $79/oz and March futures near $78.55/oz as a firmer dollar and yield repricing weighed on metal prices. Analysts describe the move as a normalization phase rather than a trend reversal, noting that longer‑term drivers—central‑bank gold demand and silver’s industrial use in solar and grid modernization—remain intact. Traders are eyeing upcoming central‑bank meetings and the US payrolls data, which was delayed to Feb. 11 due to a partial government shutdown.
Oil prices fell by about $3 a barrel after signs of de-escalation with Iran and a stronger U.S. dollar, with Brent at around $66.30 and WTI near $62.14 as milder U.S. weather also weighed on forecasts. Iran and the United States plan to resume nuclear talks, and OPEC+ kept output unchanged for March, reflecting expectations of a 2026 global inventory build. Analysts say the easing tensions could cap upside for oil in the near term, while still keeping prices sensitive to dollar moves and regional supply dynamics.
Gold and silver cooled after their meteoric rise, with gold dipping below $4,500 an ounce and silver falling more than 31% on Friday—the largest one-day drop since 2013—before rebounding to about $4,779 and $81 by late morning. The slide followed a stronger dollar and expectations that Fed policy could stay tight under nominee Kevin Warsh, along with margin calls that forced leveraged investors to sell. Analysts are divided on the near-term path, with some predicting a bounce and others warning the rally may have been inflated.
Britain’s FTSE 100 climbed to a fresh record near 10,300 as a rebound in gold and silver eased the metals rout and helped mining shares, while investors kept an eye on US dollar moves tied to Kevin Warsh’s nomination as Fed chair; the broader live blog also notes oil easing, cocoa price declines, and Disney’s quarterly results.
Wedbush argues that a Warsh-led Federal Reserve could end the central bank's liquidity backstop, potentially increasing equity volatility and downside risk while benefiting Treasuries and the dollar; risk assets and precious metals could face headwinds.
Gold and silver extended their decline into Monday after Friday’s sell-off triggered by news that Kevin Warsh had been nominated as Fed chair. Spot gold fell over 9% to about $4,403/oz and silver dropped roughly 15% (with some readings showing even larger intraday moves), while the dollar strengthened and stocks and oil also fell. The metals had surged to record highs earlier in 2025 amid geopolitical jitters and demand for safe havens, but shifting expectations for monetary policy and profit-taking cooled the rally.
Gold fell about 5% to around $4,611 an ounce and silver dropped more than 10% after Friday’s rout, as a firmer dollar and profit-taking cooled a rally that had pushed prices near record highs. Traders weighed a possible shift in Federal Reserve policy after Kevin Warsh’s nomination, with analysts noting the pullback could be a classic correction unless the dollar weakens or the Fed signals easing.