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USD: Good dollar demand to emerge should it trade sub-106 – ING
The Dollar Index (DXY) is slightly softer after yesterday's release of the ISM Services index disappointed consensus and made an 18 December Fed rate cut more likely, ING’s FX analyst Chris Turner Donald Trump to pump more air into the USD in 2025 “A column in the Financial Times was titled: 'A turning point for the dollar is coming' which sounds alarming for dollar bulls such as ourselves.Fxstreet
Dec 5, 2024
US Dollar weakens after disappointing ISM and S&P Services data
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, declined toward 106.10 on Wednesday amidst slight profit-taking after steep rallies against many major G20 currencies this week.Fxstreet
Dec 4, 2024
USD moderately higher, defies negative seasonal trend – Scotiabank
The US Dollar (USD) is tracking a little higher overall this morning, lifting the DXY to the mid-106 area and potentially setting up trading today for a little more strength— despite usually negative seasonal trends for the dollar broadly in December.Fxstreet
Dec 4, 2024
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