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US Dollar steadies after in-line PCE data
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of six major currencies, remains firm above 107.00 on Friday after January’s Personal Consumption Expenditures (PCE) inflation data came in line with forecasts, easing concerns over unexpected inflation spikes.Fxstreet
Feb 28, 2025
Dow Jones Industrial Average rises then falls as headline turmoil resumes
The Dow Jones Industrial Average (DJIA) recovered some lost ground on Friday, rebounding about 200 points to remain in contention with the 43,500 level before giving up and falling back to the day’s opening bids.Fxstreet
Feb 28, 2025
US Dollar surges after strong GDP and inflation data
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is extending gains on Thursday, breaking above 107.00 as markets digest the second reading of United States (US) Gross Domestic Product (GDP) and its inflation components.Fxstreet
Feb 27, 2025
US Dollar Index holds near yearly lows pressured by lower yields
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges slightly higher and trades around 106.50 at the time of writing on Wednesday after not breaking any pots or making any positive impressions in February.Fxstreet
Feb 26, 2025
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