Daily Analysis

The euro held steady near 1.0500 ahead of key PMI data, while the yen weakened past 150 despite rising inflation and BOJ’s hawkish stance.

Global markets remain cautious as central bank policies and trade tensions converge.

The euro weakened as defense spending concerns weighed on sentiment, while the yen held steady near 152 despite weak economic data.

The dollar strengthened following hawkish Fed remarks, pressuring EUR/USD and reversing a three-day decline.

Global markets are showing mixed reactions as central bank policies and economic data shape investor sentiment. The dollar steadied after strong U.S. inflation exceeded forecasts, despite Trump’s new tariffs, while the euro remains pressured. 

The dollar weakened as easing trade tensions and expectations of a softer PCE price index pressured the currency, strengthening the yen and commodities like gold and silver.

The euro strengthened to $1.04, supported by Ukraine-Russia peace talks despite strong U.S. inflation data limiting Fed rate cut expectations.

Global markets are bracing for volatility as Trump's tariff announcements and divergent central bank policies fuel uncertainty. The euro rebounded near $1.03 amid cautious ECB signals, while the yen strengthened on hawkish BOJ hints.