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Forex Today: Concerns over the US economy are picking up pace
The US Dollar remained well on the defensive, dropping to the area of multi-week lows as investors’ jitters over the health of the US economy gathered extra steam, while uncertainty around tariffs also contributed to the cautious stance.
Fxstreet
Feb 25, 2025
US Dollar stuck despite the latest market rout
The US Dollar trades flat and unfazed by overnight events. The Trump administration is trying to corner China further with third-party tariffs and semiconductor restrictions. The US Dollar Index (DXY) resides just above important support ahead of more downside.Fxstreet
Feb 25, 2025
US Dollar Index Price Forecast: Could test nine-day EMA barrier near 107.00
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against its six major peers, edges lower after registering gains in the previous two successive sessions, trading around 106.70 during the early European hours on Friday.Fxstreet
Feb 25, 2025
Dow Jones Industrial Average looks for recovery after last week’s confidence splashdown
The Dow Jones Industrial Average (DJIA) recovered some ground on Monday, climbing some 300 points and change at its peak in an effort to claw back some of last week’s losses sparked by an unexpected downturn in consumer confidence figures.Fxstreet
Feb 24, 2025
US Dollar in whipsaw move as traders assess German election results
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, recovers the nearly 0.50% loss it incurred in the opening hours in the Asian markets and trades flat near 106.60 at the time of writing on Monday.Fxstreet
Feb 24, 2025
US Dollar Index (DXY) hits over two-month low around 106.20, seems vulnerable below 100-day SMA
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, kicks off the new week on a downbeat note and drops to its lowest level since December 10 during the Asian session.Fxstreet
Feb 24, 2025
DXY: Short-covering lifts USD into weekend – Scotiabank
The US Dollar (USD) is trading higher on the day overall, with yesterday’s big winner, the JPY, this morning’s big loser after Japan’s January headline CPI reflected the anticipated pick up to 4.0% Y/Y, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Feb 21, 2025
US Dollar Index Price Forecast: Tests 106.50 near descending channel's lower boundary
The US Dollar Index may find immediate support at the descending channel’s lower boundary at 106.10. The 14-day RSI remains below 50, reinforcing bearish bias. The primary resistance appears at the nine-day EMA at 107.00.Fxstreet
Feb 21, 2025
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