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US Dollar sees Trump’s tariff plans take all attention in light calendar
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, got knocked on Monday when tariffs were not part of the executive orders signed by Donald Trump in his first hours as US President.
Fxstreet
Jan 21, 2025
Metatitle: The US Dollar is in choppy trading ahead of Preside...
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades roughly flat and holds near 109.00 on Monday ahead of President-elect Donald Trump’s inauguration as the 47th President of the United States (US).Fxstreet
Jan 20, 2025
Forex Today: China Q4 GDP beats estimates, US Dollar finds demand
Here is what you need to know on Friday, January 17: Markets remain in a cautiously optimistic mood, digesting the stronger-than-expected Chinese growth and activity data, while staying nervous before US President-elect Donald Trump’s inaugaration and amid looming tariffs.Fxstreet
Jan 17, 2025
Dow Jones Industrial Average surges after US CPI inflation print
The Dow Jones Industrial Average (DJIA) climbed around 750 points at its peak on Wednesday, pushing into the bullish side to pass back through the 43,000 handle before getting hung up on the 50-day Exponential Moving Average (EMA).Fxstreet
Jan 15, 2025
US Dollar retreats for third day in a row ahead of US CPI inflation
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, extends its correction from a two-year high above 110.00 reached on Monday and trades near 109.10 at the time of writing on Wednesday.Fxstreet
Jan 15, 2025
Forex Today: US Dollar bides time ahead of US CPI inflation test
Here is what you need to know on Wednesday, January 15: Markets are witnessing a typical cautious environment before the release of the all-important US Consumer Price Index (CPI) data for December, which will provide fresh insights on the US Federal Reserve’s (Fed) interest rates trajectory.Fxstreet
Jan 15, 2025
Forex Today: Investors shift their focus to US CPI data
The Greenback traded on the defensive once again on Tuesday, testing two-day lows and weighed down by another tariff story as well as disappointing US Producer Prices, while market participants got ready for the release of the more relevant CPI on Wednesday.Fxstreet
Jan 14, 2025
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