Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election 
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
U.S. Stock Futures Edge Lower as Tech and AI Stocks Drag Wall Street Ahead of Key Earnings 
India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth 
S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs 
U.S. Stock Futures Rise as Investors Eye Big Tech Earnings and AI Momentum 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment 
Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates 
Taiwan Urges Stronger Trade Ties With Fellow Democracies, Rejects Economic Dependence on China 
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target 
The U.S. dollar rose slightly on Wednesday as markets remained uncertain about President Donald Trump's tariff plans. Trump hinted at a 10% tariff on Chinese imports starting Feb. 1, alongside potential 25% levies on goods from Mexico and Canada, as well as duties on European imports, but specifics remain unclear.
Following his inauguration, the dollar slid 1.2% against a basket of major currencies but stabilized Tuesday after U.S. officials suggested tariffs would be implemented cautiously. The dollar index held steady at 108.14, with the dollar gaining 0.23% to 155.87 yen. Meanwhile, the euro dipped 0.17% to $1.0410, and sterling fell 0.13% to $1.2343.
Analyst Tony Sycamore noted Trump's measured approach might mitigate inflation risks and potential Federal Reserve rate hikes. Markets currently anticipate a quarter-point Fed rate cut by July, with another reduction by year-end seen as a possibility.
The Canadian dollar slipped 0.1% to C$1.4337, affected by a recent inflation slowdown. The Mexican peso weakened 0.15% to 20.6430 per dollar, while China’s yuan eased 0.24% to 7.2865 in offshore trading after reaching a one-month high on Tuesday.
RBC Capital Markets' Alvin Tan remarked that a 10% tariff on Chinese imports is far below Trump’s campaign rhetoric, suggesting a strategy geared toward negotiations rather than aggressive protectionism, which could weigh on the dollar.
The New Zealand dollar dropped 0.42% to $0.5655 as fourth-quarter inflation stayed within the Reserve Bank’s target range. Markets expect a potential rate cut in February. The Australian dollar fell 0.24% to $0.6258, with rate normalization and easing inflation undermining both currencies.
Analysts believe cautious trade policies and inflation dynamics could influence further dollar movements.
