Story perspectives
US Dollar Dips as Euro and Pound Surge
2/14/2025
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Story summary
- The US Dollar Index (DXY) dropped below 108.00 due to selling pressure and Powell's testimonies on February 13.
- EUR/USD surpassed 1.0400, and GBP/USD exceeded 1.2400.
- Upcoming economic data includes Initial Jobless Claims and Producer Prices in the US, along with Germany's final Inflation Rate.
- WTI crude oil prices fell to approximately $71.00, while gold prices rose to around $2,900 per ounce.
