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    Forex Today: US Dollar rebounds on Trump tariff talks, eyes on US data

    Here is Which crypto will be 1000x?what you need to know on Tuesday, January 28:


    Following Monday's choppy action, the US Dollar gathers strength against its rivals early Tuesday as markets assess US President Donald Trump's latest comments on tariffs. Later in the day, December Durable Goods Orders and the Conference Board's Consumer Confidence Index data for January will be featured in the US economic calendar.


    US Treasury Secretary Scott Bessent said late Monday that he is pushing for universal tariffs on imports to start at 2.5% and rise gradually, per the Financial Times. While speaking with reporters on Air Force One early Tuesday, President Trump responded to these remarks and said that he wants tariffs “much bigger than 2.5%,” adding that he hasn't yet decided on the level. Following this comment, the US Dollar Index gained traction and was last seen rising toward 108.00, gaining more than 0.4% on the day.


    US Dollar PRICE Today


    The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.



      USD EUR GBP JPY CAD AUD NZD CHF
    USD   0.47% 0.39% 0.73% 0.16% 0.55% 0.49% 0.42%
    EUR -0.47%   -0.08% 0.26% -0.30% 0.08% 0.03% -0.05%
    GBP -0.39% 0.08%   0.35% -0.23% 0.13% 0.09% 0.03%
    JPY -0.73% -0.26% -0.35%   -0.58% -0.20% -0.27% -0.33%
    CAD -0.16% 0.30% 0.23% 0.58%   0.39% 0.32% 0.25%
    AUD -0.55% -0.08% -0.13% 0.20% -0.39%   -0.06% -0.12%
    NZD -0.49% -0.03% -0.09% 0.27% -0.32% 0.06%   -0.07%
    CHF -0.42% 0.05% -0.03% 0.33% -0.25% 0.12% 0.07%  


    The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).


    EUR/USD touched its highest level since mid-December above 1.0530 on Monday but erased a large portion of its daily gains to close marginally higher. The pair stays under bearish pressure and trades below 1.0450 in the European morning.


    After closing the third consecutive trading day in positive territory on Monday, GBP/USD loses its traction and drops below 1.2450 to begin the European session on Tuesday.

    USD/JPY declined nearly 1% on Monday but erased nearly all of these losses on Tuesday. The pair was last seen trading decisively higher on the day above 155.70. In the early trading hours of the Asian session on Wednesday, the Bank of Japan will polish its Policy Meeting Minutes.

    AUD/USD stays on the back foot in the European morning and trades near 0.6250. Fourth-quarter Consumer Price Index (CPI) data from Australia will be watched closely by market participants early Wednesday.


    Gold turned south following the previous week's rally and lost more than 1% on Monday. XAU/USD holds its ground early Wednesday but trades below $2,750.

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