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Dow Jones Industrial Average rises on Wednesday as stocks extend rebound
The Dow Jones Industrial Average (DJIA) rallied another 300 points on Wednesday, extending a bullish turnaround after an early-week decline that briefly dragged the major equity index back below 42,000.
Fxstreet
Oct 9, 2024
USD retains a firm undertone – Scotiabank
The US Dollar (USD) retains a firm undertone, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Oct 9, 2024
US Dollar flirts with fresh September high ahead of FOMC Minutes
The US Dollar (USD) is tying up with gains again with markets still having concerns over China. Recent Chinese data released on domestic activity during the Golden Week revealed that there has been less spending as anticipated. This keeps concerns on
Fxstreet
Oct 9, 2024
USD: Awaiting the Fed minutes – ING
The US Dollar (USD) is staying relatively bid as the market digests the factors that have driven it 2% higher this month.
Fxstreet
Oct 9, 2024
Sentiment-driven and volatile amid competing cross currents – DBS
The Dollar Index (DXY) ended Tuesday barely changed at 102.54 after trading below and above Monday’s range of 102.37-102.62, DBS’ FX strategist Philip Wee notes.
Fxstreet
Oct 9, 2024
US Dollar falls flat on quiet Tuesday
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, remains flat on Tuesday.
Fxstreet
Oct 8, 2024
Dow Jones Industrial Average finds footing on Tuesday
The Dow Jones Industrial Average (DJIA) churned on Tuesday, digging in near the 42,000 handle as markets chew on factors pulling investor expectations in multiple directions.
Fxstreet
Oct 8, 2024
USD Drifts as Consolidation Extends – Scotiabank
The USD continues to drift as it consolidates last week’s advance, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Oct 8, 2024
US Dollar extends correction with China reopening
The US Dollar (USD) eases for a second day in a row with investors welcoming China back to the markets. It is not a warm welcome, with the Chinese Hang Seng 300 Index down over 9% at its closing bell. A surge in risk-off is taking place, with
Fxstreet
Oct 8, 2024
DXY: Bulls face fatigue? – OCBC
The recent leg up in dollar index appears to show tentative signs of fatigue.
Fxstreet
Oct 8, 2024
USD: Looking outside of the US – ING
The start of the week has been quite mixed in FX, with the low-yielding JPY and CHF rising and the high-beta AUD and NZD under additional pressure, ING’s FX analyst Francesco Pesole notes.
Fxstreet
Oct 8, 2024
Forex Today: Investors’ attention remains on geopolitics and Fedspeak
The Greenback alternated gains with losses amidst higher yields on Monday, while investors continued to digest Friday’s Payrolls against the backdrop of steady prudence in response to rising geopolitical jitters in the Middle East.
EUR/USD
Fxstreet
Oct 7, 2024
US Dollar declines as markets anticipate Fed Minutes and CPI
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, witnessed a calm Monday session with mild losses, holding steady despite elevated levels near last week's highs.
Fxstreet
Oct 7, 2024
Dow Jones Industrial Average eases back on cautious Monday
The Dow Jones Industrial Average (DJIA) shed around 250 points on a shaky market Monday, with risk appetite shriveling on the back of decreased rate cut expectations and tensions in the Middle East running on the hot side.
Fxstreet
Oct 7, 2024
USD consolidates payrolls gains – Scotiabank
The US Dollar (USD) is consolidating last week’s solid rise, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Oct 7, 2024
US Dollar steadies with Fed-packed Monday ahead
The US Dollar (USD) is steady to sideways on Monday, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, hovering around 102.50.
Fxstreet
Oct 7, 2024
The US labour market is always good for a surprise – Commerzbank
What a US jobs report! Not only was the actual number higher than any of the economists in the Bloomberg survey had expected, but the previous two months were revised sharply higher and the unemployment rate surprisingly fell, Commerzbank’s FX analyst Michael Pfister notes.
Fxstreet
Oct 7, 2024
DXY: Continues to rebound – OCBC
The US Dollar (USD) was boosted again for the 5th back-to-back session and this time the trigger came from the blockbuster payrolls report.
Fxstreet
Oct 7, 2024
USD: Finally aligned with the Dot Plot – ING
The blowout US jobs report on Friday prompted the kind of hawkish repricing in rate expectations we thought would have materialised over a few weeks.
Fxstreet
Oct 7, 2024
US Dollar marks in fifth straight gain day after NFP numbers surge
The US Dollar (USD) Index (DXY) climbed into a fifth consecutive bullish day on Friday, driven higher by better-than-expected US Nonfarm Payrolls figures.
Fxstreet
Oct 4, 2024
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