Search
News
Important Only
US Dollar Index holds onto gains near 98.00 ahead of US flash Q4 GDP, PMI data
The US Dollar (USD) shows strength during the early European trading session on Friday, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trading firmly near an almost four-week high of 98.00 posted the previous day.Fxstreet
Fri, Feb 20
US Dollar Index gains momentum to near 98.00 ahead of US GDP and PCE data
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 stronger note near 98.00 during the Asian trading hours on Friday. Traders brace for the key US economic data later on Friday for more clues on the interest rate paFxstreet
Fri, Feb 20
Dow Jones Industrial Average slides as Iran tensions, Walmart guidance and hawkish Fed weigh
The Dow Jones Industrial Average (DJIA) slid nearly 300 points, or 0.59%, pulling back to 49,351 on Thursday as a confluence of geopolitical risk, hawkish Federal Reserve (Fed) signaling, and disappointing corporate guidance weighed on sentiment.Fxstreet
Thu, Feb 19
Oil: Correlation with USD questioned – BNY
BNY’s Head of Markets Macro Strategy Bob Savage notes that historical positive correlation between Oil and the Dollar is weakening even as Brent trades above $70 and WTI tests $68. Despite a sharp Oil rally since December, iFlow data show mixed USD flows with net Dollar selling.Fxstreet
Thu, Feb 19
US Dollar Index maintains position above 97.50 ahead of Initial Jobless Claims
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, remains steady after gaining more than 0.5% in the previous session, hovering around 97.70 during the European hours on Thursday.Fxstreet
Thu, Feb 19
USD: Hawkish Fed minutes support gains – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan notes that the US Dollar strengthened after stronger US data and hawkish January FOMC minutes. Durable goods and capital goods orders beat expectations, while industrial production surprised on the upside.Fxstreet
Thu, Feb 19
US Dollar Index (DXY) consolidates near 97.70, over one-week top; bullish potential intact
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating the previous day's strong move up to over a one-week high and oscillating in a narrow range during the Asian session on Thursday.Fxstreet
Thu, Feb 19
Dow Jones Industrial Average gains 200 points as Fed minutes loom and Nvidia rallies on Meta deal
The Dow Jones Industrial Average (DJIA) climbed around 300 points, or about 0.65%, on Wednesday as dip buyers continued stepping back into equities for a third consecutive session following last week's sharp AI-driven selloff.Fxstreet
Wed, Feb 18
DXY: Bears face uphill struggle – Societe Generale
Societe Generale’s Kit Juckes argues that Dollar shorts are crowded and struggling to gain traction despite a US Administration preference for a weaker Dollar and lower interest rates. He notes DXY recently broke below key moving averages, but says only a modest rebound would reverse that.Fxstreet
Wed, Feb 18
US Dollar Index (DXY) holds gains above 97.00 ahead of US data, FOMC Minutes
The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, holds steady on Wednesday as traders position ahead of key US economic releases. At the time of writing, the index trades near 97.21, up roughly 0.10% on the day.Fxstreet
Wed, Feb 18
USD: Fed patience tempers 2026 easing hopes – Deutsche Bank
Deutsche Bank analysts highlight patient-sounding Federal Reserve commentary as officials stress the need for more evidence of inflation moving toward 2% before easing. Governor Barr signalled rates may stay steady for some time, prompting markets to slightly reduce 2026 rate-cut pricing.Fxstreet
Wed, Feb 18
S&P 500: Volatility broadens as AI scare drives repricing – Deutsche Bank
Deutsche Bank analysts note that AI-related fears have triggered a sharp repricing in equities, with over a trillion dollars of global equity value erased and volatility spreading beyond technology into wealth management, real estate and financials.Fxstreet
Mon, Feb 16
