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Cooler inflation buys the Dow Jones Industrial Average nothing
The July Consumer Price Index (CPI) landed at 12:30 GMT on every line the consensus had written for it, and the Dow Jones Industrial Average has spent the hours since handing back the few minutes of enthusiasm that followed.
Fxstreet
Wed, Aug 12
President Trump says US has "total control" of Hormuz
United States (US) President Donald Trump used a post on Truth Social to declare that the US has "total control" over the Strait of Hormuz on Wednesday., Trump boasted about the American naval presence near the Persian Gulf, which he described as "a wall of steel".Fxstreet
Wed, Aug 12
US Dollar: CPI-driven range signals carry focus – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that the US Dollar (USD) stayed mixed as markets waited for the key United States (US) Consumer Price Index (CPI) release, with Middle East tensions and hawkish Federal Reserve (Fed) rhetoric offsetting each other.Fxstreet
Wed, Aug 12
United States Dollar Index rises to near 100.00 ahead of US inflation data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending gains for the third successive day and trading around 99.90 during the Asian hours on Wednesday.Fxstreet
Wed, Aug 12
US Dollar Index Price Forecast: A break above 100.00 would confirm a double bottom
The US Dollar Index (DXY) appreciates for the second consecutive day on Tuesday, favoured by a mix of concerns about the stalled US-Iran negotiations and hawkish Fed speak, which keeps hopes of a September rate hike alive.Fxstreet
Tue, Aug 11
United States Dollar Index consolidates below 100.00 as bulls await US CPI amid Iran risks
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on the previous day's positive move and oscillates in a range during the Asian session on Tuesday.Fxstreet
Tue, Aug 11
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