Search
News
USD: Currencies Get Reprieve from USD Rally – Scotiabank
The US Dollar (USD) rally may be coming off the boil. A lower close for the Dollar Index (DXY) yesterday signals some—potential—technical headwinds for the index for starters and markets may be getting a little concerned about one of the essential drivers of the October rebound, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Oct 25, 2024
US Dollar marches higher, nears multi-month highs
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, rose near a three-month high as traders flocked to the US Dollar on Wednesday.The rally was driven by persistent global economic divergence, a more hawkish Federal Reserve (Fed), and upbeat US growth projections by the International Monetary Fund (IMF).Fxstreet
Oct 23, 2024
US Dollar stretches gains – Scotiabank
The US Dollar (USD) is extending gains this morning, pressuring the EUR below 1.08 and driving USDPY above 152 as US yields rebound from yesterday’s dip, leaving the 10Y yield within a whisker of 4.25%, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Oct 23, 2024
US: What would happen to the Dollar if Trump were to win? – Commerzbank
What would be different under Trump? For FX analysts, specifically: Would a second Trump term lead to US dollar strength or weakness? When US goods become more expensive relative to goods from the rest of the world, it can happen in two ways.Fxstreet
Oct 23, 2024
Featured Tools
Top News
Nokia Falls Over 9% Pre-Market as AI Data Center Investment Concerns Weigh on Optical Networking Equipment Stocks
Oracle Stock Price Forecast: Reported New Round of Layoffs, Ellison Cancels Share Sale Plan, Will the Stock Stabilize at $142?
US Stocks Drop as Philadelphia Semiconductor Index Falls Nearly 6%; Memory Stocks Lead Losses With Micron Down 5%; Cybersecurity, Cloud Providers Buck Trend
What Is XRP? How Will the Clarity Act Impact XRP's Regulatory Status and Future Value?
KOSPI Tumbles Over 3%, SoftBank Plunges 11%, SK Hynix and Kioxia Drop 6%
