• Sun, Mar 1, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

10 March 2025 10:02  |

Dollar Holds Decline Amid US Economic Uncertainty

The dollar index remained at a four-month low below 104 on Monday after sliding over 3% last week, pressured by mounting US economic concerns.

On Sunday, US President Donald Trump described the economy as undergoing “a period of transition” during a Fox News interview, when asked about the risk of a recession. His remarks came as financial markets grappled with an escalating global trade war, following new US tariffs on Mexico, Canada, and China.

Meanwhile, Friday’s jobs report added to the uncertainty, showing that the US economy added 151K jobs in February, slightly below forecasts of 160K. The unemployment rate unexpectedly edged up to 4.1%, while wage growth softened to 0.3%. Investors now turn their attention to upcoming consumer sentiment and inflation data for further insights into the US economic outlook.

Source: Trading Economics

Related News

US DOLLAR

Dollar Closes Best Year Since 2015 With Bullish Bias

The dollar posted a modest decline on the final day of the year, its best in nearly a decade, as long-term options and charts...

31 December 2024 17:05
US DOLLAR

Dollar Ends Three-Day Drop Ahead of US Payrolls

The dollar consolidated following three days of losses as traders awaited US jobs data to gauge the outlook for Federal Reser...

7 February 2025 13:14
US DOLLAR

Dollar Index Hits 25-Month High

The dollar index dipped to around 108.3 on Thursday, starting the year on a subdued note following a strong performance in 20...

2 January 2025 17:36
US DOLLAR

Dollar May Fall Today

The US dollar (USD) found firmer ground early in the week and received some relief in late European trading hours from Presid...

25 February 2025 16:37
BIAS23.com NM23 Ai