USD

The US dollar remains under pressure, but extreme bearish sentiment, technical support, and fading downside momentum hint at a potential rebound.

US Dollar plunged into critical support at the yearly lows with the weekly range intact ahead of NFPs. Battle lines drawn on the DXY short-term technical charts.

U.S. stocks are full length after US jobless claims unexpectedly rose last week to the highest level since October, adding signs that the job market is cooling. US jobless claims rose 8k to 247k, ahead of the fall to 235k forecast and the highest level since October.

U.S. stocks are rising cautiously higher despite signs of weakness in the US labour market, raising concerns about the Trump administration's erratic trade policies on the economy. ADP payrolls were just 37k, the lowest level in two years and well below the 120k forecast. ISM services PMI data is due shortly.

US Dollar is trading just above critical support at the yearly low with the June opening-range now taking shape. Battle lines drawn on the USD weekly technical chart.

U.S. stocks are muted as investors continue to consider the global impact of President Trump's trade policies. The OECD lowered its global growth forecast for a second time this year, warning of a deteriorating outlook due to rising trade barriers and waning business confidence.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities & stocks into the weekly / monthly open.

U.S. stocks are pointing to a lower open as renewed tensions between China and the US raise the likelihood of a costly trade war. Federal Reserve officials, including Chair Powell, are due to speak. ISM manufacturing PMI data is due later and is expected to contract again in May.

U.S. stocks are set to open higher on Tuesday, the first day back after the long weekend, as investors cheer President Trump's postponement of plans to impose 50% tariffs on the European Union, averting a costly trade war. Attention turns to Fed speakers and US consumer confidence data.

COT report reveals USD shorts trimmed and gold longs rising, though commodity currencies are on the verge of breakouts despite short bets against them. Wall Street indices see real-money accounts stepping in.

U.S. stocks are falling sharply after Trump threatens new tariffs, shifting attention away from US fiscal concerns, firmly onto trade tariff policies. Trump threatened 50% trade tariffs on the EU as trade talks were not progressing. Trump also threatened 25% tariffs on iPhones not made in America.