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US Dollar holds gains higher after Fed's comments, US CPI
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, has surged higher on Wednesday in response to hawkish comments from Federal Reserve (Fed) officials.
US Dollar Index
Fxstreet
Nov 13, 2024
US Dollar tries to post fourth day of gains ahead of US CPI release
The US Dollar (USD) tires to continue its uprising on Wednesday, signaling it still has fuel in its tank for a push higher supported by rising US yields.
US Dollar Index
Fxstreet
Nov 13, 2024
DXY: Stays bid on the day – OCBC
The US Dollar (USD) continued its march higher. As Trump nomination started to make its way to newswires, markets are also starting to adjust their expectations, believing that Trump may hit the ground running in Jan 2025, unlike in 2016 when he was less prepared.
US Dollar Index
Fxstreet
Nov 13, 2024
US bond yield differentials drive USD’s post-election strength – DBS
The USD’s post-election strength has been driven by widening US bond yield differentials against its counterparts because of US inflation worries over Trump’s plans for blanket tariffs, mass deportation of illegal immigrants, and tax cuts, DBS’ Senior FX Strategist Philip Wee notes.
SPX500
US Dollar Index
Fxstreet
Nov 13, 2024
USD: Inflation may stay too hot – ING
The second round of post-election Trump trades has now taken the Dollar Index (DXY) to the 2022 highs as markets sink their teeth into the dual narrative of a wider rate and growth gap between the US and other developed countries.
US Dollar Index
Fxstreet
Nov 13, 2024
Forex Today: US CPI data takes centre stage amidst Dollar rally
Amid another strong performance, the US Dollar climbed to new six-month tops as investors maintained their optimism around the “Trump trade" ahead of the publication of key US data in the latter part of the week.
US Dollar Index
EUR/USD
Fxstreet
Nov 12, 2024
US Dollar gains as dovish Fed bets cool down
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, is clinging to its latest gains in the US session on Tuesday.
US Dollar Index
Fxstreet
Nov 12, 2024
Dow Jones Industrial Average trims gains on Tuesday
The Dow Jones Industrial Average shed a scant 200 points on Tuesday, marking out territory just north of the 44,000 handle as equities take a brief pause from the post-election rally that sent the Dow Jones into fresh record highs.
US30
Fxstreet
Nov 12, 2024
Trump Trade 2.0 continued amid caution – DBS
Monday continued the momentum of ‘Trump Trade 2.0’ though several markets are approaching critical levels, DBS’s Senior FX Strategist Philip Wee notes.
US Dollar Index
Fxstreet
Nov 12, 2024
Trump's immigration policy – relevant for USD exchange rates? – Commerzbank
Why are the inflationary effects of possible or announced US import tariffs widely discussed, while the corresponding effects of deportations are not? The Peterson Institute estimates that in the extreme case, more than 8 million workers could be withdrawn from the US labor market.
US Dollar Index
Fxstreet
Nov 12, 2024
US Dollar rally continues as investors double down on Trump trades
The US Dollar (USD) extends its rally on Tuesday as the Trump trade adds another wave of US Dollar buying. The Greenback is crushing markets, steamrolling across the quote board against other major currencies. A goldilocks momentum is taking place
US Dollar Index
Fxstreet
Nov 12, 2024
Take a deep breath – Commerzbank
After the big boost in the US Dollar (USD) last week, the party is likely to be over for now.
US Dollar Index
Fxstreet
Nov 12, 2024
USD: Don't fight the trend – ING
US equity markets continue to plough ahead. There is an emerging narrative that unlike in 2016, when Donald Trump was unprepared for office, this time around he plans to hit the ground running in January.
US Dollar Index
Fxstreet
Nov 12, 2024
DXY: Extends its move higher – OCBC
The US Dollar (USD) extended its move higher, likely in anticipation of US CPI data tomorrow.
US Dollar Index
Fxstreet
Nov 12, 2024
Forex Today: US tariffs and Trump hurt the risk-linked sentiment
The Greenback rose to fresh tops on the back of the firm resurgence of the “Trump trade”, while investors warmed up for the release of US data and a slew of Fed speakers due later in the week.
US Dollar Index
EUR/USD
Fxstreet
Nov 11, 2024
US Dollar gains broadly with US inflation data in focus
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, is broadly gaining in Monday's session.
US Dollar Index
Fxstreet
Nov 11, 2024
Dow Jones Industrial Average rises over 300 points as equity jubilation continues
The Dow Jones Industrial Average (DJIA) lurched another 300-plus points higher on Monday, with equities on the climb in an extension of the bull run kicked off after last week’s Trump win at the election polls.
US30
Fxstreet
Nov 11, 2024
US Dollar strengthens near four-month highs with US inflation in focus
The US Dollar (USD) starts the week on the front foot and strengthens on Monday, with the US Dollar Index (DXY) edging higher above the 105.00 level. The positive undertone for the Greenback is supported by the increasing likelihood that the
US Dollar Index
Fxstreet
Nov 11, 2024
DXY: 2-way risks persist – OCBC
The US Dollar (USD) saw a late comeback into Friday NY close as there appeared to be some disappointment with China stimulus.
US Dollar Index
Fxstreet
Nov 11, 2024
Dow Jones Industrial Average climbs as consumer sentiment improves
The Dow Jones Industrial Average (DJIA) rose into fresh all-time highs on Friday, clipping into 44,000 as stocks lean firmly bullish to close out a record week.
US30
Fxstreet
Nov 8, 2024
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