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**US Dollar Falls Amid Geopolitical Tensions** The US dollar experienced its largest weekly drop since November 2022, plummeting over 3% last week amidst rising concerns about the global economy and President Trump's trade policies. ### Factors Contributing to the Decline * Disappointing macroeconomic data * Impact of Trump administration tariffs * Fears of a US economic downturn ### Market Reaction The decline in the dollar triggered a series of market reactions: * **Employment Figures**: Weaker-than-expected job growth, with the unemployment rate rising slightly. * **Federal Reserve Chairman's Comments**: Jerome Powell highlighted uncertainty around Trump policies and suggested that the Fed could maintain restraint or ease if inflation stalls or labor market weakness occurs. ### Currency Market Performance The decline of the dollar led to fluctuations in other currencies: * **Euro**: Strengthened against the dollar * **British Pound**: Also strengthened against the dollar * **Gold**: Rebounded but struggled to gain momentum * **Canadian Dollar**: Saw gains after a three-day decline, despite President Trump's hints at potential tariff increases on imports from Canada and Mexico * **Japanese Yen**: Remained under pressure as USD/JPY traded below 148.00 ### Japan's Labor Earnings Data Japan's labor earnings data missed expectations, adding to the yen's downward pressure.
Russian-Русский:
Сводка новостей.
Перевод на Русский см.внизу поста по ссылке...
Sources used:
https://myforex.com/en/news/fxs250310070.html
**US Dollar Falls Amid Geopolitical Tensions** The US dollar experienced its largest weekly drop since November 2022, plummeting over 3% last week amidst rising concerns about the global economy and President Trump's trade policies. ### Factors Contributing to the Decline * Disappointing macroeconomic data * Impact of Trump administration tariffs * Fears of a US economic downturn ### Market Reaction The decline in the dollar triggered a series of market reactions: * **Employment Figures**: Weaker-than-expected job growth, with the unemployment rate rising slightly. * **Federal Reserve Chairman's Comments**: Jerome Powell highlighted uncertainty around Trump policies and suggested that the Fed could maintain restraint or ease if inflation stalls or labor market weakness occurs. ### Currency Market Performance The decline of the dollar led to fluctuations in other currencies: * **Euro**: Strengthened against the dollar * **British Pound**: Also strengthened against the dollar * **Gold**: Rebounded but struggled to gain momentum * **Canadian Dollar**: Saw gains after a three-day decline, despite President Trump's hints at potential tariff increases on imports from Canada and Mexico * **Japanese Yen**: Remained under pressure as USD/JPY traded below 148.00 ### Japan's Labor Earnings Data Japan's labor earnings data missed expectations, adding to the yen's downward pressure.