The U.S. dollar experienced volatility in recent trading sessions, rebounding from lows of approximately $930 to close near $940, before reversing gains due to fluctuations in copper prices. The dollar's movement comes amid escalating global trade tensions, which have roiled markets. On March 14, the dollar strengthened against major currencies, with the euro falling to $1.0856 and the Japanese yen trading at 147.84 per dollar. In the broader foreign exchange market, the dollar showed strength against the Canadian dollar, Swiss franc, and South Korean won, while the euro and Japanese yen weakened. Market analysts noted that the dollar's performance was influenced by rising yields and ongoing concerns regarding economic downturns linked to trade conflicts.
USDCHF Technical Analysis – The US inflation data keeps markets guessing https://t.co/PPftj9Rx7L
U.S. dollar strengthens as euro retreats from 5-month high amid escalating global trade tensions. Markets on edge as economic downturn fears grow. #ForexMarkets #TradeWar
#Currency | #MarketUpdate for 14th Mar 2025: • The #USdollar rebounded after a weak week, gaining against major currencies • #Euro fell to $1.0856, #Swiss #franc slipped 0.11%, and yen strengthened to 147.84 per #dollar • #BankofJapan expected to maintain #rates next week,…