Dow Jones

Shortly after the Dow Jones reached a low near 36,500 points, the index has posted a notable rebound, gaining more than 9% over the last four trading sessions.

USDJPY, Dow Forecast: China slapped the US with 84% tariffs in retaliation to Washington’s 104% levy, keeping markets near yearly lows. Meanwhile, US CPI, major bank earnings, and consumer sentiment data are set to heighten volatility risks heading into the weekend.

Over the past five trading sessions, the Dow Jones index has posted a decline of more than 2%, currently hovering around 42,000 points.

EURUSD, Dow Outlook: Following exhausted momentum and market extremes during FOMC week, EURUSD holds a bearish reversal, testing 1.0730 support, while the Dow sustains its bullish reversal, testing 42,600 resistance—both navigating key levels amid tariff fears and a cautious market hold.

The relative calm seen on Wall Street these past two weeks came to an abrupt end on Wednesday in anticipation of Trump's auto tariffs. The Nasdaq led the way lower, with S&P 500 and ASX futures being dragged along for the ride.

US stocks have opened higher as the market continues to digest the Federal Reserve interest rate decision, trade war worries, and a solid housing report. The Fed left rates unchanged as expected but also highlighted rising uncertainties amid rump's trade wars.

GBPUSD, Dow Forecast: The BOE holds rates, keeping GBP/USD below 1.30 as markets await the BOE press conference. Meanwhile, the Dow Jones maintains its rebound near 41,800, supported by the Fed's dovish stance.

Despite having registered two consecutive recovery sessions, the index is now showing new declines, accumulating a loss of more than 5% over the last ten trading sessions.

US stocks are struggling at the start of the week, extending losses from the previous week. Concerns over the impact of Trump's trade tariffs on the economy still weigh heavily, and US retail sales com in below expectations. US retail sales rose 0.2% MoM, well below the 0.7% forecast.

GBPUSD, Dow Forecast: Following last week’s steep movements driven by trade war risks, markets closed on a cautious rebound. Press conferences from the Fed, BOJ, BOE, and SNB will be key focal points this week, influencing broader market sentiment.

USDJPY, Dow Forecast: Germany’s increase in defense-related debt has impacted fixed-income markets, while trade wars continue to erode economic confidence, pressuring market sentiment.