The U.S. dollar remained weak near a five-month low against major currencies on Wednesday, weighed down by ongoing concerns over the U.S. economy and uncertainty surrounding President Donald Trump’s trade policies.
The dollar index hovered at 103.47 after sliding 0.46% on Tuesday to a five-month low of 103.21. Weaker U.S. economic data, including a decline in small-business confidence for the third straight month, heightened recession fears. Investors are now focused on the upcoming Consumer Price Index (CPI) report, which could spark market volatility.
"The market faces a lose-lose situation," said Julien Lafargue, chief strategist at Barclays Private Bank. "A strong CPI could fuel stagflation concerns, while a weak reading may solidify recession fears."
The euro edged down 0.05% to $1.0913 but remained close to a five-month high of $1.0947. Optimism over a potential Ukraine ceasefire and Germany’s fiscal spending plans have supported the currency, though internal political hurdles persist. Meanwhile, the British pound slipped 0.11% to $1.2933 after a strong rally on Tuesday.
The Japanese yen weakened to 148.01 per dollar, recovering from Tuesday’s five-month high of 146.545. The Canadian dollar also saw turbulence following Trump’s tariff policy reversal on steel and aluminum. Traders now await the Bank of Canada’s rate decision, widely expected to bring a 0.25% cut.
Bitcoin stabilized at $82,821 after rebounding from a four-month low of $76,666.98.
With trade uncertainties and economic concerns mounting, market volatility is set to continue as investors seek clarity on U.S. growth prospects.


South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Thailand Inflation Remains Negative for 10th Straight Month in January
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 



