Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
The euro remained under pressure on Tuesday following steep losses triggered by a new U.S.-EU trade agreement widely viewed as favoring Washington. France labeled the deal a “dark day” for Europe, criticizing its 15% tariff on EU goods and warning of negative implications for the bloc’s economy. German Chancellor Friedrich Merz echoed concerns, citing “significant” damage to Germany’s export-driven economy.
The euro dropped 1.3% in the previous session, its sharpest fall in over two months, as investors feared weaker eurozone growth. By Tuesday, the currency edged 0.07% higher to $1.1594. Analysts, including NAB’s Ray Attrill, noted that markets quickly judged the agreement as detrimental for near-term growth prospects, despite initial hopes for stability.
The euro’s decline strengthened the U.S. dollar, which gained 1% against a basket of major currencies and held steady at an index level of 98.67. Sterling slipped to a two-month low of $1.3349, while the yen inched higher to 148.49 per dollar. The Australian dollar eased slightly to $0.6518, and the New Zealand dollar hovered near $0.5972. The offshore Chinese yuan remained steady at 7.1813.
U.S. President Donald Trump signaled further tariffs of 15% to 20% on exports from nations without bilateral agreements, exceeding April’s broad 10% tariff level. Meanwhile, U.S. and Chinese officials held over five hours of trade talks in Stockholm, aiming to extend their truce by three months.
Investors are also watching upcoming Federal Reserve and Bank of Japan policy decisions, with both central banks expected to hold rates steady but provide key signals on future moves.
The latest developments highlight growing market volatility as currency traders weigh trade tensions, economic risks, and central bank policies.
