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Political season reappoints king USD – TDS
We revised our USD profile higher in early Q2, underscoring a shift in our signals and framework towards inflation, TDS FX strategists note.
Fxstreet
Jun 25, 2024
DXY: Remains vulnerable ahead of core PCE on Friday – OCBC
The US Dollar (USD) slipped overnight on somewhat less hawkish Federal Reserve (Fed) rhetoric, Rates Strategist Frances Cheung and FX Strategist Christopher Wong from OCBC note.
Fxstreet
Jun 25, 2024
USD: Action is elsewhere until Friday – ING
The US Dollar (USD) continues to lack a significant trend and remains to the topside of a two-month trading range.
Fxstreet
Jun 25, 2024
Dow Jones Industrial Average pushes into the green on Monday
The Dow Jones Industrial Average (DJIA) gained ground on Monday, extending a near-term rebound and on pace to see one of its best single-day performances in June.
Fxstreet
Jun 24, 2024
US Dollar loses stride, hangs on key economic figures
On Monday, the US Dollar, as portrayed by the Dollar Index (DXY), declined to 105.50, following a series of gains since early May, with investors seeming to capitalize on profits ahead of a tumultuous week.
Fxstreet
Jun 24, 2024
USD: Remains in a sweet spot – HSBC
We believe that the US Dollar (USD) will remain strong supported by the level of US yields and divergent monetary paths.
Fxstreet
Jun 24, 2024
DXY: Focus on PCE Core this week – OCBC
The Dollar Index (DXY) firmed for a 3rd consecutive week. Better than expected prelim PMIs and still-hawkish Fedspeaks were the main drivers underpinning USD strength, OCBC Rates Strategist Frances Cheung notes.
Fxstreet
Jun 24, 2024
US Dollar steadies ahead of the summer kickoff
The US Dollar (USD) is going sideways to a touch lower in the European trading session on Monday, with markets seeing headlines on the political difficulties around Europe fading into the background.
Fxstreet
Jun 24, 2024
US PCE and French elections are in the focus – ING
Both politics and monetary policy will need to be pondered in the first part of the summer, ING’s FX Strategist Francesco Pesole notes.
Fxstreet
Jun 24, 2024
Dow Jones Industrial Average grinds flat on Friday as US PMI beats crimp rate cut hopes
The Dow Jones Industrial Average (DJIA) is stubbornly flat on Friday, treading water after US equity markets were disappointed by a better-than-expected print in June’s US Purchasing Managers Index (PMI) figures.
Fxstreet
Jun 21, 2024
US Dollar up following strong preliminary PMIs from June
On Friday, the US Dollar, benchmarked by the US Dollar Index (DXY), extended its gains, stemming primarily from robust Purchasing Managers Index (PMI) figures for June released by S&P.
Fxstreet
Jun 21, 2024
USD: Stronger after European central banks events – ING
Central bank events in Europe gave the Dollar some support on Thursday, Francesco Pesole, FX Strategist at ING argues.
Fxstreet
Jun 21, 2024
US Dollar extends gains and aims for a third consecutive positive week
The US Dollar (USD) continued edging higher on Friday ahead of the preliminary US S&P Global Purchasing Managers Index (PMI) report for June. The US Dollar shot higher in the last hours, with the Greenback outpacing the Japanese Yen (JPY) again,
Fxstreet
Jun 21, 2024
Dow Jones Industrial Average reclaims 39,000 in Thursday resurgence
The Dow Jones Industrial Average (DJIA) is surging upwards on Thursday as investors return to markets with a vengeance following the midweek Juneteenth holiday that shuttered US exchanges on Wednesday.
Fxstreet
Jun 20, 2024
US Dollar strengthens alongside higher US Treasury yields
On Thursday, the US Dollar, as gauged by the Dollar Index (DXY), saw significant strength on the back of rising US Treasury yields.
Fxstreet
Jun 20, 2024
US Dollar ekes out mild gains as market mood sours
The US Dollar (USD) trades mildly in the green on Thursday, advancing against most major peers with exceptions such as the Japanese Yen (JPY) and the Swiss Franc (CHF) when it was trading ahead of its Swiss National Bank (SNB) rate decision which triggered a reversal now .
Fxstreet
Jun 20, 2024
US Dollar consolidates gains after Fed speakers ask for further disinflation
On Wednesday, the US Dollar as measured by the DXY Index (DXY) remained relatively unchanged around the 105.20 mark as investors parsed words from key Federal Reserve (Fed) officials on a quiet Wednesday.
Fxstreet
Jun 19, 2024
Dollar Index to trade in range – OCBC
USD traded modestly softer as US retail sales disappointed.
Fxstreet
Jun 19, 2024
US Dollar remains bullish against European pro-cyclical currencies – ING
US data and communication from the Federal Reserve (Fed) appear to be in a 'tug-of-war'.
Fxstreet
Jun 19, 2024
Dow Jones Industrial Average flattens on US data miss, cautious Fedspeak
The Dow Jones Industrial Average (DJIA) is treading water on Tuesday as investors buckle down for the mid-week Juneteenth holiday.
Fxstreet
Jun 18, 2024
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