Next, what you need to know on Tuesday, March 25:
After a quiet start of the week, the US Dollar (USD) He gained strength in the American session on Monday and the USD index closed the fourth consecutive day in positive territory. The USD index remains comfortably above 104.00 early Tuesday while market attention moves towards the US CB confidence index data for the US CB for February. The US economic calendar will also include data on sales of new homes and regional manufacturing surveys, and investors will pay special attention to the comments of the Central Bank officials.
US dollar price this week
The lower table shows the percentage of the US dollar change (USD) compared to the main currencies this week. American dollar was the strongest currency against the Japanese yen.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.31% | 0.09% | 0.95% | -0.20% | -0.10% | 0.34% | 0.20% | |
| EUR | -0.31% | -0.33% | 0.11% | -0.47% | -0.43% | 0.07% | -0.07% | |
| GBP | -0.09% | 0.33% | 0.84% | -0.77% | -0.13% | 0.40% | 0.15% | |
| JPY | -0.95% | -0.11% | -0.84% | -1.14% | -1.06% | -0.59% | -0.75% | |
| CAD | 0.20% | 0.47% | 0.77% | 1.14% | 0.15% | 0.54% | 0.40% | |
| Aud | 0.10% | 0.43% | 0.13% | 1.06% | -0.15% | 0.51% | 0.37% | |
| NZD | -0.34% | -0.07% | -0.40% | 0.59% | -0.54% | -0.51% | -0.07% | |
| CHF | -0.20% | 0.07% | -0.15% | 0.75% | -0.40% | -0.37% | 0.07% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the US dollar of the left column and move along the horizontal line to the Japanese yen, the percentage change shown in the box will represent the USD (base)/JPY (quotation).
The US data showed on Monday that economic activity in the private sector expanded at an accelerated pace in March, since the PMI composed of Global S&P rose to 53.5 from 51.6. Meanwhile, the US president, Donald Trump, reiterated his plan to impose additional tariffs on cars, aluminum and pharmaceutical products “soon.” The main Wall Street indices acquired bullish impulse in the face of the improvement of the risk of risk and registered strong profits on Monday. On the European morning on Tuesday, the futures of the US stock market rates operate marginally downward in the day.
When talking to the Japanese Parliament on Tuesday, the governor of the Bank of Japan (Boj), Kazuo Ueda, said they need some time to consider what to do with ETF holdings. After climbing almost 1% on Monday, the USD/JPY He advanced in the Asian session on Tuesday and touched its strongest level since the beginning of March about 151.00 before correcting down 105.50 in the European morning.
After uploading in the European session on Monday, the EUR/USD He invested his direction and ended the day with small losses. The pair fluctuates in a relatively narrow channel slightly below 1,0800 in the European session on Tuesday. The European economic calendar will offer data on the business feeling of Germany.
He GBP/USD He closed slightly down on Monday after erasing most of his daily profits in the American session. The pair remains defensive early on Tuesday and quotes around 1,2900.
He Gold He struggled to find demand in the atmosphere of positive market market and closed in negative territory for the third consecutive day on Monday. The Xau/USD remains relatively calm on Tuesday and quotes above $ 3,000.
FAQS tariffs
Although tariffs and taxes generate government income to finance public goods and services, they have several distinctions. Tariffs are paid in advance in the entrance port, while taxes are paid at the time of purchase. Taxes are imposed on individual taxpayers and companies, while tariffs are paid by importers.
There are two schools of thought among economists regarding the use of tariffs. While some argue that tariffs are necessary to protect national industries and address commercial imbalances, others see them as a harmful tool that could potentially increase long -term prices and bring to a harmful commercial war by promoting reciprocal tariffs.
During the election campaign for the presidential elections of November 2024, Donald Trump made it clear that he intends to use tariffs to support the US economy. In 2024, Mexico, China and Canada represented 42% of the total US imports in this period, Mexico stood out as the main exporter with 466.6 billion dollars, according to the US Census Office, therefore, Trump wants to focus on these three nations by imposing tariffs. It also plans to use the income generated through tariffs to reduce personal income taxes.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
