Dollar slip lower ahead of Nvidia’s earnings; euro edges higher
#Nvidia earnings#U.S. dollar#Euro#Currency markets#Inflation data#Tech sector#German economy#Australian dollar
📌 Key Takeaways
U.S. dollar slipped 0.1% lower to 97.707 as markets awaited Nvidia earnings
Nvidia's earnings report could significantly impact market sentiment given tech sector valuation concerns
Euro gained 0.2% to 1.1792 supported by German economic growth of 0.3% in Q4 2025
Australian dollar surged 0.7% after inflation data exceeded market expectations
Political resistance may constrain Bank of Japan's tightening path
📖 Full Retelling
The U.S. dollar slipped slightly lower Wednesday amid caution ahead of the release of earnings from AI giant Nvidia, which could drive market sentiment going forward, while the euro edged higher on positive economic data from Germany. At 03:50 ET, the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower to 97.707, having gained close to 1% over the last month. The dollar has traded in a relatively tight range as U.S. President Donald Trump's new 10% global tariff took effect on Tuesday, with markets bracing for a possible increase to 15%. Attention is quickly turning to Nvidia's quarterly earnings due after the Wall Street close, given the current unease surrounding elevated valuations in the tech sector and AI spending. Analysts at ING noted that Nvidia will probably need to beat consensus and offer strong guidance to provide meaningful reassurance, with downside risks from a miss appearing larger than upside potential from a beat. In Europe, EUR/USD traded 0.2% higher to 1.1792, with the single currency helped by data showing that the German economy grew by 0.3% in the fourth quarter of 2025 compared with the previous quarter, an improvement from the flat growth seen during the previous three months. Meanwhile, GBP/USD gained 0.2% to 1.3521, bouncing slightly off a one-month low after Bank of England Governor Andrew Bailey indicated that while an interest rate cut in March was possible, services price inflation had not fallen as much as hoped. In Asian markets, USD/JPY rose 0.1% to 156.00, remaining near a two-week high, while AUD/USD soared 0.7% higher to 0.7106 after data showed headline inflation rose 3.8% year-on-year in January, unchanged from December but above market forecasts.
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Nvidia, Salesforce earnings loom large - what’s moving markets AMD stock surges 14% on Meta AI partnership deal Bitcoin slips, wipes out 50% from October record high at session low Wall Street ends higher on tech rebound ahead of State of the Union address (South Africa Philippines Nigeria) Dollar slip lower ahead of Nvidia’s earnings; euro edges higher By Peter Nurse Author Peter Nurse Currencies Published 02/25/2026, 03:49 AM Dollar slip lower ahead of Nvidia’s earnings; euro edges higher 0 Euro US Dollar 0.14% British Pound US Dollar 0.14% US Dollar Japanese Yen 0.36% Australian Dollar US Dollar 0.54% NVDA 0.68% DX -0.02% Investing.com - The U.S. dollar slipped slightly lower Wednesday amid caution ahead of the release of earnings from AI giant Nvidia , which could drive sentiment going forward. At 03:50 ET (08:50 GMT), the Dollar Index , which tracks the greenback against a basket of six other currencies, traded 0.1% lower to 97.707, having gained close to 1% over the last month. Subscribe to InvestingPro for more foreign exchange analysis Nvidia earnings loom large The dollar has traded in a relatively tight range as U.S. President Donald Trump’s new 10% global tariff took effect on Tuesday, with markets bracing for a possible increase to 15%. The president indicated that he will proceed with his tariff agenda during his State of the Union address overnight, despite the Supreme Court’s recent ruling, but his scope for imposing new tariffs is expected to be severely limited given he will need to seek Congressional approval for any more duties. Attention is quickly turning to the quarterly earnings from chip giant Nvidia, due after the Wall Street close, given the current unease surrounding the elevated valuations in the tech sector and the amount of money being spent on artificial intelligence capabilities. “Nvidia will probably need to beat consensus and offer strong guidance to provide meaningful reassu...
