News
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US Dollar Index softens to near 98.50 post-Fed rate cut, Jobless Claims data in focus
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.55 during the Asian trading hours on Thursday.Fxstreet
Thu, Dec 11
Dow Jones Industrial Average soars 580 points on third straight Fed rate cut
The Dow Jones Industrial Average (DJIA) climbed on Wednesday after the Federal Reserve (Fed) delivered its third straight quarter-point rate cut, lifting the Dow by over 1.2% and nudging the S&P 500 higher while the Nasdaq hovered near flat.Fxstreet
Wed, Dec 10
US Dollar Index tumbles as Fed rate outlook widens
The US Dollar Index (DXY) tumbled to fresh intraday lows on Wednesday after the Federal Reserve (Fed) delivered a widely anticipated third straight interest rate cut, lowering its main policy rate to its lowest level in three years.Fxstreet
Wed, Dec 10
US Dollar Index (DXY) holds previous gains above 99.00 ahead of the Fed
The US Dollar Index (DXY)is trading practically flat on the daily chart, following a rejection at the 99.30 area on Tuesday, with downside attempts contained above the 99.00 line, as investors bid their time awaiting the outcome of the Federal Reserve meeting, due on Wednesday, at 19:00 GMT.The DXY,Fxstreet
Wed, Dec 10
USD: FOMC expected to deliver a 25bp cut – ING
It's FOMC day and a 25bp rate cut – which would take the target rate to 3.50-3.75% – is around 90% priced in. The big focus will be the Summary of Economic Projections (SEP), the number of dissenters against the 25bp cut, and then Chair Powell's press conference, ING's FX analyst Chris Turner notes.Fxstreet
Wed, Dec 10
USD slightly firmer on Fed 2026 cut revisions – OCBC
The US Dollar (USD) edged higher as markets scaled back expectations for Fed cuts in 2026, with the Dollar Index (DXY) hovering near 99, while investors await a busy week of US labor and trade data, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Tue, Dec 9
Dow Jones Industrial Average retreats ahead of looming Fed rate decision
The Dow Jones Industrial Average fell back from the 48,000 handle on Monday as investor expectations for an upcoming interest rate cut from the Federal Reserve (Fed) were overridden by a fresh upswing in 10-year Treasury yields.Fxstreet
Mon, Dec 8
USD edges higher, but DXY losses persist – Scotiabank
The US Dollar (USD) is adding marginally to net losses on the week into Friday trade but the broader tone of price action is perhaps tending towards consolidation in DXY losses, with the index edging back to the 99 area, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Dec 5
US Dollar Index (DXY) remains close to multi-week low, around 99.00 ahead of US PCE data
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on the overnight bounce from its lowest level since late October and trades with a mild negative bias during the Asian session on Friday.Fxstreet
Fri, Dec 5
