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US Dollar ticks higher ahead of Retail Sales data as markets foresee shallower Fed easing cycle
The US Dollar (USD) trades in positive territory against most major peers in the G20 space on Tuesday, with the DXY Index holding above the 107.00 level. The Greenback is back in the graces of investors after the preliminary US Purchasing ManagersFxstreet
Dec 17, 2024
US Dollar holds steady as markets look to Fed decision
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades slightly lower on Monday after a string of data and headlines placed added attention on the upcoming Federal Reserve (Fed) rate decision.Fxstreet
Dec 16, 2024
USD mixed but retains firm undertone – Scotiabank
The US Dollar (USD) squeezed out a sixth, if marginal, consecutive gain overall on Friday and the Dollar Index (DXY) is tracking marginally higher for a potential seventh to start the week off, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Dec 16, 2024
USD trades mixed versus majors – Scotiabank
The US Dollar (USD) is ending the week on a mixed note. But the Dollar Index (DXY) is tracking lower from its intraday high, reflecting a rebound in the EUR from early session lows, and that does leave a bit of a dent in the short-term technical outlook for the index and might point to broader losses developing over the next day or so, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Dec 13, 2024
US Dollar falls flat, possible sixth straight trading day with gains
The US Dollar (USD) extends its winning streak on Friday, with the DXY Index trading above 107.00 for the first time in more than two weeks, driven by signs of lingering inflation pressures in the US and prospects of further monetary policy easing in two of the US main trading partners: China and the Eurozone.Fxstreet
Dec 13, 2024
US Dollar strengthens as ECB President Lagarde signals potential rate cuts
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, rose toward 106.70 after Christine Lagarde, President of the European Central Bank (ECB), confirmed talks of a possible 50 bps interest rate cut.Fxstreet
Dec 12, 2024
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