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US Dollar Index Price Forecast: Stabilizes below 61.8% Fibo retracement at 99.20
The US Dollar (USD) recovers its early losses and turns marginally positive during the European trading session on Tuesday. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades marginally higher to near 98.95.
Fxstreet
Tue, Sep 8
US Dollar Index (DXY) struggles below 99.00, two-week low as traders eye US inflation data
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the second straight day and drops to an over two-week low during the Asian session on Tuesday.Fxstreet
Tue, Sep 8
United States Dollar Index trades under pressure as Yen buying accelerates
The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, extends its decline on Monday as a sharp rally in the Japanese Yen (JPY) outweighs support from elevated geopolitical tensions and Federal Reserve (Fed) interest rate hike expectations.
Fxstreet
Mon, Sep 7
US Dollar: Range-bound support as Fed priced – ING
ING’s Chris Turner notes that resilient global equities and an above-consensus US jobs report mean the Dollar should be stronger, but risk appetite is capping gains. He highlights upcoming US CPI and Treasury auctions as key catalysts.Fxstreet
Mon, Sep 7
Dow Jones futures fall as inflationary risks rise
Dow Jones futures are down by 0.32% to trade near 53,270 during European hours on Monday. Meanwhile, S&P 500 futures steady near 7,720, while Nasdaq 100 futures advance by 0.31% to trade around 29,660. The US stock market will be closed Monday for the Labor Day holiday.United States Dollar Index strengthens above 99.00 as robust US jobs data boosts Fed rate hike bets
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 99.20 in the early Asian trading hours on Monday. The DXY edges higher amid a ramp-up in US rate hike bets.Fxstreet
Mon, Sep 7
Dow Jones Industrial Average falls on a jobs number the president loves
The Dow Jones Industrial Average trades just short of 53,400, roughly 325 points or 0.6% lower on Friday, after August Nonfarm Payrolls (NFP) printed 162K against a 56K forecast at 12:30 GMT and pushed the probability of a September hike above 60%.Fxstreet
Fri, Sep 4
United States Dollar Index rises as strong NFP revives Fed hike bets
The United States Dollar Index (DXY) rises some 0.17% following a stellar Nonfarm Payrolls report, with the economy creating nearly three times as many jobs as expected by most economists, as revealed by the Bureau of Labour Statistics (BLS).Fxstreet
Fri, Sep 4
US Dollar Index Price Forecast: Holds steady near 99.00 below key averages before US jobs data
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 in the early European trading hours on Friday.Fxstreet
Fri, Sep 4
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