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US Dollar steadies ahead of first clash between Trump and Harris in presidential debate
The US Dollar (USD) is sidetracking on Tuesday, away from being data-driven on riding the US Federal Reserve (Fed) comments for a brief moment. All eyes on Tuesday will be on the clash between former US President Donald Trump and Vice President
Fxstreet
Sep 10, 2024
DXY: A relief rebound after a bad week – DBS
The Dollar Index (DXY) consolidates near the top end of its three-week range (100.5 and 101.9), DBS FX strategist Philip Wee notes.
Fxstreet
Sep 10, 2024
USD: All to play for in Philadelphia – ING
FX markets are marking out ranges as they wait for fresh inputs.
Fxstreet
Sep 10, 2024
Forex Today: Caution is poised to increase ahead of US CPI
The US Dollar added to Friday’s strong recovery despite US yields trading mostly on the back foot, all against the backdrop of steady expectations of a rate cut by the Fed later in the month.
EUR/USD
Fxstreet
Sep 9, 2024
US Dollar rises and extend NFP gains
The US Dollar Index (DXY), a measure of the US Dollar against a basket of six currencies, extended its recovery on Monday ahead of key inflation data releases this week.
Fxstreet
Sep 9, 2024
Is the world facing a dollar yoke? – Commerzbank
During his last presidency, Donald Trump did everything he could to weaken the US dollar.
Fxstreet
Sep 9, 2024
USD steadies after jobs data – Scotiabank
Friday’s US NFP data served to muddy the Fed policy outlook rather than resolve it conclusively, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Sep 9, 2024
US Dollar starts mildly positive in the US CPI week
The US Dollar (USD) edges higher on Monday and extends gains for a second consecutive day after US Federal Reserve (Fed) Governor Christopher Waller did not convince markets that the September interest rate cut will be a 50 basis point one.
Fxstreet
Sep 9, 2024
USD: Holding pattern into tomorrow night's presidential debate – ING
The August US jobs report has failed to resolve the debate over whether the Federal Reserve will cut rates by 25bp or 50bp on 18 September.
Fxstreet
Sep 9, 2024
Dow Jones Industrial Average falls again after NFP figures undershoot forecasts
The Dow Jones Industrial Average (DJIA) shed 400 points on Friday after US Nonfarm Payrolls (NFP) came in below expectations, alongside a downard revision to previous figures.
Fxstreet
Sep 6, 2024
US Dollar holds steady after mixed NFPs
The US Dollar Index (DXY), a measure of the US Dollar against a basket of six currencies, recovered its footing on Friday after the release of August Nonfarm Payrolls (NFP) data came in mixed.
Fxstreet
Sep 6, 2024
US Dollar sets forth weekly losing streak but NFP holds key
The US Dollar (USD) trades slightly on the back foot on Friday as markets brace for potentially the most volatile event of the week, Nonfarm Payrolls (NFP). Markets are increasingly considering the possibility that the US Federal Reserve (Fed) could opt
Fxstreet
Sep 6, 2024
USD: Soft ahead of Payrolls data – Scotiabank
It’s payrolls Friday. The USD is soft on the day, but trading off its earlier lows, while stocks are broadly lower and major bond markets are firmer, driving 10Y yields 3-4bps lower.
Fxstreet
Sep 6, 2024
USD: Finally non-farm payrolls – Commerzbank
The day of the US employment report has finally arrived. The market seems to have been holding his breath all week to find out how many new jobs the US economy created last month, Commerzbank FX strategist Volkmar Baur notes.
Fxstreet
Sep 6, 2024
DXY: Bears jumping the gun ahead of NFP – OCBC
FX markets were somewhat choppy overnight amid mixed US data.
Fxstreet
Sep 6, 2024
USD: Binary event today – ING
Yesterday’s ADP’s 99k print was the weakest since the reopening of the economy in 2021, as small businesses shed staff in August while medium and large businesses were hiring at a very modest pace.
Fxstreet
Sep 6, 2024
Dow Jones Industrial Average fumbles on Thursday but recovers some footing
The Dow Jones Industrial Average (DJIA) ground 400 points lower on Thursday, shedding weight for the second time this week after US jobs data came in below expectations.
Fxstreet
Sep 5, 2024
USD Steadies but Lower Yields Weigh – Scotiabank
The USD is tracking a little softer overall but trends across G10 FX are relatively subdued.
Fxstreet
Sep 5, 2024
US Dollar focus on job’s data ahead of Friday’s NFP
The US Dollar (USD) trades softer on Thursday, with a lot of data points set to be released in a condensed time span. The Greenback already eased on the back of the JOLTS Job Openings report on Wednesday, when the previous number was revised and
Fxstreet
Sep 5, 2024
USD: ING's customers turn a little more bearish on the US Dollar – ING
In a poll taken during our Economics Live webinar yesterday, 25% of respondents felt EUR/USD would end the year over 1.13, while 46% felt it would remain roughly stable in a 1.10-1.13 range.
Fxstreet
Sep 5, 2024
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