The US Dollar (USD) has regained some ground against major currencies after President Trump dropped his threats of tariffs and military action against NATO allies, reducing immediate downside risk, MUFG's FX analyst Lee Hardman reports.

The US Dollar (USD) has strengthened alongside risk assets after Trump scrapped EU tariffs following a Greenland framework deal, though markets await more details before fully shifting focus, ING's FX analyst Francesco Pesole notes.

The US Dollar Index (DXY) bounced on Tuesday, as US President Donald Trump softened his tone toward the European Union in his speech at the World Economic Forum in Davos.

Dow Jones futures rose 0.29% to around 49,400 in the European session on Thursday, while S&P 500 and Nasdaq 100 futures climbed 0.49% and 0.74% to near 6,950 and 25,650, respectively. US stock futures advanced as geopolitical and trade tensions between Washington and Europe eased.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is maintaining its position after registering modest gains in the previous session. The DXY is trading around 98.80 during the Asian hours on Thursday.

United States (US) President Donald Trump was once again the main market mover on Wednesday, saying they are seeking immediate talks with Europe on Greenland. He added Greenland would not be a threat to NATO if the territory were under US control.

US equities rebounded on Wednesday after President Trump ruled out using military force to acquire Greenland, easing a key source of market anxiety.

A Reuters poll published on Wednesday showed unanimous expectations that the Federal Reserve (Fed) will keep its policy rate unchanged at its January meeting.

United States (US) Commerce Secretary Howard Lutnick said during European trading hours on Wednesday that the trade deal between the European Union and Washington is long-lasting.

Markets steadied following yesterday’s shake-out. Japanese government bonds rebounded, dragging other sovereigns up, while the slide in stocks and the dollar paused.

The dollar sell-off reflected spillovers from Japanese bond volatility and renewed sensitivity to fiscal risks, though a rebound in long-dated JGBs has eased pressure. -With Trump meeting EU leaders in Davos and signalling willingness to compromise, geopolitical de-escalation could lend the dollar m

Dow Jones futures gain by 0.25% to near 48,800 during the European session on Wednesday, while S&P 500 and Nasdaq 100 futures rise 0.38% and 0.41% to near 6,860 and 25,200, respectively.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after experiencing volatility and trading around 98.60 during the early European hours on Wednesday.

US equities sold off sharply on Tuesday as geopolitical risk surged after President Donald Trump escalated rhetoric around acquiring Greenland, including new tariff threats against close US allies.

Global stocks and bonds are under pressure, but the standout move is a sharp sell-off in US assets, with the dollar extending losses triggered by Trump’s renewed tariff and Greenland threats ahead of Davos.

The US Dollar (USD) has softened as investors anticipate that tariffs tied to President Trump’s Greenland plans may be delayed or cancelled, easing immediate trade tensions.

Dow Jones futures fall by 1.25% to near 48,900 during the European session on Tuesday, while S&P 500 and Nasdaq 100 futures decline 1.34% and 1.56% to below 6,900 and 25,300, respectively.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second consecutive day. The DXY is trading around 98.90 during the Asian hours on Tuesday.

Here is what you need to know on Tuesday, January 20:

The Dow Jones Industrial Average (DJIA) ripped open the new trading week on a tariff-fueled weak note, reminiscent of trade war fears that knocked around equity markets early in 2025. A year later, the Trump administration is still grappling with picking a lane and staying in it.

Renewed tariff threats from February on certain European countries in response to their opposition to President Trump’s desire to acquire Greenland mark a further deterioration in the western alliance and global geo-political environment.

The European Stoxx future is down 1.3% and the S&P future is 0.9% lower as market participants respond to the announcement by President Trump of a 10% US import tariff being implemented against Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland, MUFG's FX analyst Derek Ha

President Trump’s threat to raise tariffs on European countries over Greenland underscores the persistent uncertainty around US trade policy, reigniting concerns of a broader US–EU dispute.

The US Dollar (USD) underperforms its major peers at the start of the week amid disputes between economies from both sides of the Atlantic over Washington’s plans to acquire Greenland.

The US Dollar (USD) lacked directional momentum this week amid geopolitical and local uncertainty. On the one hand, the United States (US) President Donald Trump continued threatening Iran with military interventions, taking down the tone by the week’s end, but noting that all options are still on

The US Dollar (USD) is drifting higher this week, supported by firm economic data and a slightly higher Federal Reserve (Fed) terminal rate, with Dollar Index (DXY) gradually approaching the 100 level, BBH FX analysts report.

US Dollar (USD) retreated slightly after probing yesterday its highest level since December 2, BBH FX analysts report.

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.15% lower to near 99.20 during the European trading session on Friday, ahead of an extended weekend in the United States (US), correcting from its six-week high of 99.50 posted the previous day.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is edging lower after registering modest gains in the previous session. The DXY is trading around 99.30 during the Asian hours on Friday.

The US Dollar Index is trading near the 99.35 price region, trimming half its gains late in the American session on Thursday, supported by encouraging United States (US) data.