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DXY: Dollar risks upside break – BBH
Brown Brothers Harriman’s Elias Haddad notes that resilient US growth and sticky PCE inflation keep the Dollar supported despite improved risk sentiment from progress on a US-Iran deal.
US Dollar Index
Fxstreet
Fri, May 29
Dollar: Headline-driven swings with Gulf risk – ING
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that the Dollar has softened after news of a tentative ceasefire extension between the US and Iran, but remains stronger than in early May.
US Dollar Index
Fxstreet
Fri, May 29
Dow Jones futures rise on reports of US-Iran ceasefire extension
Dow Jones futures climb 0.09% to near 50,790, while S&P 500 futures rise 0.14% toward 7,600. Meanwhile, Nasdaq 100 futures gain 0.13%, trading near 30,350 during the European hours on Friday, ahead of the US regular opening.
US30
NAS100
SPX500
Fxstreet
Fri, May 29
US Dollar Index Price Forecast: Trades with caution near 20-day EMA on US-Iran deal optimism
The US Dollar (USD) trades cautiously as the appeal of safe-haven assets has diminished due to renewed optimism over the United States (US)-Iran deal.
US Dollar Index
Brent
Fxstreet
Fri, May 29
United States Dollar Index strengthens as US and Iran agree to 60-day truce, Trump yet to approve
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.00 during the Asian trading hours on Friday.
US Dollar Index
Fxstreet
Fri, May 29
Dow Jones Industrial Average brings up the rear as markets price an unsigned Iran truce
The Dow Jones Industrial Average (DJIA) sat a hair higher into the New York afternoon, up roughly 0.10% on the day, which sounds respectable until you look sideways at the S&P 500 (+0.55%) and the Nasdaq (+0.79%) and notice the blue chips spent the session bringing up the rear.
US30
Fxstreet
Thu, May 28
United States Dollar Index trims gains after Axios reports preliminary US-Iran truce deal
The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, trims earlier gains on Thursday as traders react to fresh geopolitical headlines surrounding US-Iran negotiations.
US Dollar Index
Fxstreet
Thu, May 28
US Dollar: Upside risks build with Middle East tensions – MUFG
MUFG’s Derek Halpenny and Abdul-Ahad Lockhart highlight that renewed Middle East conflict risks and rising Oil prices are reinforcing upside risks for the Dollar. They note that higher energy costs are fuelling inflation concerns at the Federal Reserve, with officials turning more hawkish.
US Dollar Index
Fxstreet
Thu, May 28
US Dollar: Month-end pressures challenge greenback – BNY
BNY’s Geoff Yu notes that strong U.S. equity performance and broad Dollar buying have left global asset allocators heavily exposed to the Dollar into month-end.
US Dollar Index
Fxstreet
Thu, May 28
US Dollar: Upside risks as Fed stays restrictive – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that the Dollar Index (DXY) has rallied to its highest level since early April as markets react to shifting Iran war sentiment and firmer United States (US) data.
US Dollar Index
Fxstreet
Thu, May 28
United States Dollar Index (DXY) Price Forecast: Sticks to gains above 99.00; US PCE eyed
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some follow-through buying for the third straight day and climbs to a fresh high since April 4, around the 99.54 area on Thursday.
US Dollar Index
Fxstreet
Thu, May 28
US Dollar Index: Range-bound trade persists on Iran peace hopes – DBS
DBS Group Research economist Philip Wee notes that the US Dollar Index (DXY) is consolidating in a tight range as markets price optimism over a potential US-Iran peace deal and reopening of the Strait of Hormuz.
US Dollar Index
Fxstreet
Thu, May 28
US Dollar: Data focus and Fed expectations – Commerzbank
Commerzbank’s Michael Pfister notes that if negotiations with Iran fail to progress, markets will turn to a heavy slate of US data, including the second estimate of first-quarter GDP and key PCE inflation readings.
US Dollar Index
Fxstreet
Thu, May 28
US Dollar Index jumps to near 99.50 as Iran’s retaliation threats US-Iran deal optimism
The US Dollar (USD) attracts significant bids in the Asian trading session on Thursday, as Iran retaliates against the United States (US) attack near Bandar Abbas airport, Tasnim agency reported.
US Dollar Index
Fxstreet
Thu, May 28
United States Dollar Index recovers intraday losses amid conflicting US-Iran headlines
The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, reverses earlier losses on Wednesday as traders digest the latest developments surrounding US-Iran negotiations.
US Dollar Index
Fxstreet
Wed, May 27
US President Trump rejects Iran sanctions relief, Hormuz must open
The US President Donald Trump crossed the wires and said that the US is not easing sanctions on Iran and that the US would not unfreeze Iranian assets. He added that he is “not comfortable with Russia or China taking Iran’s stockpile of highly enriched uranium.”
US Dollar Index
Fxstreet
Wed, May 27
Forex Today: US jobs report, PCE, GDP steal the show amid geopolitical limbo
The Greenback traded in a vacillating fashion on Wednesday, always against the backdrop of the unabated uncertainty surrounding the Middle East conflict, at the time when bets for Fed rate hikes continued to gather pace.
US Dollar Index
EUR/USD
Fxstreet
Wed, May 27
Dow Jones Industrial Average leans on defensives while the AI trade wobbles
The Dow Jones Industrial Average (DJIA) is having its moment, holding a modest gain near 50,700 in the mid-session while the S&P 500 and Nasdaq Composite quietly leak red.
US30
Fxstreet
Wed, May 27
US Dollar Index: Expected to overshoot range – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes improving risk sentiment as Iran-related worries ease, with Oil softer, US equities firmer and yields retracing.
US Dollar Index
Fxstreet
Wed, May 27
United States Dollar Index (DXY) flatlines around 99.00 amid mixed news from Iran
The US Dollar (USD) is trading sideways against its main peers on Wednesday. The US Dollar Index (DXY), which measures the value of the Dollar against a basket of peers, flatlines around 99.00 at the time of writing, halfway through the weekly range, with investors awaiting clarity from Iran’s war.
US Dollar Index
Fxstreet
Wed, May 27
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