US DOLLAR SEES DATA STALLING TUESDAY RALLY
US DOLLAR SEES DATA STALLING TUESDAY RALLY
The US Dollar holds gains but doesn't add more after US data disappointments.
US Durable Goods fall below expectations, and Richmond Manufacturing remains negative.
US Dollar Index (DXY) hits a fresh weekly high at 108.06 but struggles to consolidate above 108.00.
The DXY is up over 0.50%, hovering around the 108.00 level during the European session.
Markets were shaken by Nvidia's significant losses and President Trump's plan for increasing universal tariffs, which further affected sentiment.
