Big Tech earnings, Fed meeting feature as markets end January with busiest week of Q1: What to watch
As geopolitical tensions simmer in the background, Big Tech earnings and the January Fed meeting take center stage this week.
The dollar index (DXY00 ) on Thursday fell by -0.42%. Thursday’s stock rally curbed liquidity demand for the dollar. Also, Thursday’s euro strength weighed on the dollar after European tensions eased when President Trump canceled his threats to raise tariffs on goods from countries opposing his bid to acquire Greenland....
The European Parliament suspended work on the legal implementation of the U.S.-EU trade agreement in response to President Trump's threat to put tariffs on some European countries over Greenland, a senior lawmaker said. The decision puts the European Union's plan to slash tariffs on a range of U.S. industrial products on hold. The tariff cuts were agreed to as part of a U.S.-EU trade deal that was first announced last summer but still needs lawmakers’ approval to take full effect.
By Stefano Rebaudo and Kevin Buckland Jan 21 (Reuters) - The dollar rose from three‑week lows against the euro and the Swiss franc on Wednesday as investors awaited U.S.
Germany’s economic confidence jumped to a four-year high in January. ZEW data show stronger optimism in export sectors, though markets remain cautious amid rising trade risks.View on euronews
By Amanda Cooper LONDON, Jan 19 (Reuters) - The dollar fell on Monday, as investors piled into safe havens like the Swiss franc, after U.S.
Trump said on Saturday he would impose the levies on European countries that have rallied to support Greenland in the face of US threats to seize the semi-autonomous Danish territory. The Goldman team estimates that a 10% duty would lower real GDP by 0.1% to 0.2% across the affected countries via reduced trade. “The hit could be larger should there be adverse confidence or financial market effects,” the team including Sven Jari Stehn wrote in a note.
It marked the first time since May that inflation has come in below the European Central Bank’s (ECB) 2% target.
The Bloomberg Dollar Spot Index fell 0.1% on Monday, following the new levy on goods from eight countries that support Denmark’s hold on Greenland. European currencies gained, with the Swiss franc outperforming its Group-of-10 peers on increased demand for haven assets.
By Nimesh Vora MUMBAI, Jan 19 (Reuters) - The Indian rupee, which has been under sustained pressure from portfolio outflows, may find near-term relief on Monday following a pullback in the dollar amid
Europe is the US’s largest lender with its countries owning $8 trillion of US bonds and equities, almost twice as much as the rest of the world combined, George Saravelos, Deutsche Bank’s global head of FX research, wrote in a note to clients on Sunday. Trump’s new tariffs on European countries over Greenland could also be a catalyst for greater European political cohesion, also suggesting that any negative fallout on the euro against the dollar this week may be short-lived, Saravelos said.
Jan 19 (Reuters) - Investors headed for safe havens while Europe prepared to push back on Monday after U.S President Donald Trump threatened escalating tariffs on allies in the way of his ambition to
Speaking at a meeting of the Bellagio Group in London, Bailey said global economy is entering a more fragile phase
The wealth management unit posted $8.4bn in net revenue in the most recent quarter, up from $7.5bn a year earlier.
Germany's troubled economy returned to modest growth last year after two years of falling output, official figures showed, as hopes rise that government spending on bridges, rail lines and defense may help end years of stagnation. The expansion in gross domestic product of 0.2% for 2025 was fueled by stronger consumer and government spending while exports sagged under the weight of more restrictive U.S. trade policy under President Donald Trump, the German Federal Statistical Office said on Thursday. “Germany’s export business faced strong headwinds owing to higher U.S. tariffs, the appreciation of the euro and increased competition from China,” statistical office head Ruth Brand said in a statement accompanying the statistical release.
Eurostat data shows retail trade volumes rose by 0.2% month on month in the euro area and the EU in November 2025, signalling a cautious recovery in consumer spending.
1519 GMT – The euro is expected to appreciate versus sterling as the European Central Bank’s and the Bank of England’s interest-rate paths diverge, Nomura’s Dominic Bunning says in a note. The BOE is expected to cut rates further as U.K. inflation decelerates, while the ECB could keep interest rates on hold. 1408 GMT – The dollar is expected to face increased volatility this year due to rising political pressure on the U.S. Federal Reserve, Rabobank’s Jane Foley says in a note.
Amid Bulgaria’s decision on the implementation of the euro starting 1 January 2026, the information and documents regarding the budget process for 2026 have been prepared in euros for the first time.
March Euro currency futures present a selling opportunity on more price weakness.
Despite mostly weaker recent data, the greenback has held or gained against majors in early January.