News
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US Dollar Index Price Forecast: Hovers below 99.00 as bearish bias prevails
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding its position after registering losses in the previous session and trading around 98.90 during the Asian hours on Thursday.Fxstreet
Thu, Jun 5
Dow Jones Industrial Average flattens after cautionary ADP jobs print
The Dow Jones Industrial Average (DJIA) remained largely unchanged on Wednesday after bullish investor sentiment was stymied by a softer-than-expected ADP jobs print. Overall market momentum is cooling off as indexes hit a lull between trade war headlines.Fxstreet
Wed, Jun 4
USD: Dollar rebounds, trade and ISM in focus – ING
The US Dollar (USD) showed resilience despite the late-session bounce in Treasury yields, supported by strong April JOLTS job openings. That said, the JOLTS data adds little to the overall jobs picture: the labour market remains tight, while declining quits suggest wage growth is easing.Fxstreet
Wed, Jun 4
US Dollar Index Price Forecast: Treads water above 99.00 near nine-day EMA barrier
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is edging lower after registering over 0.5% gains in the previous session and trading around 99.20 during the Asian hours on Wednesday.Fxstreet
Wed, Jun 4
Dow Jones Industrial Average rises as markets hope for trade deals
The Dow Jones Industrial Average (DJIA) rose on Tuesday, bolstered by endless optimism in the tech sector. AI rally frontrunner Nvidia (NVDA) led a chip-based market advance, surpassing Microsoft’s market cap for the first time since January.Fxstreet
Tue, Jun 3
US Dollar Index surges toward 99.00, rebounds from six-week lows
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, has rebounded from a six-week low of 98.58 and is trading higher near 98.90 during the Asian hours on Tuesday. Traders would likely observe the release of the JOLTS Job Openings later on Tuesday.Fxstreet
Tue, Jun 3
USD: Risk environment softens on trade confrontation – ING
Global equity markets and the dollar start the week a little softer as trade tensions between the US and China start to reappear. It's not quite fair to say that the US-China trade deal reached in Geneva last month is unravelling, but both sides clearly seem frustrated.Fxstreet
Mon, Jun 2
US Dollar Index drops below 99.00 due to tariff threats, ISM Manufacturing PMI awaited
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is depreciating by more than 0.50% and trading near 98.80 during the European hours on Monday.Fxstreet
Mon, Jun 2
USD firmer but tariff, fiscal uncertainties persist – Scotiabank
Tariffs were off Tuesday night and were back on again, at least for now, Thursday afternoon after a Federal Appeals Court allowed the president’s tariff plans to remain in place pending further rulings, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Fri, May 30
USD: Trust in the US is shaken – Commerzbank
Yesterday, there was a brief glimmer of hope that US courts might overturn the US government's tariff policy. The resulting recovery of the US dollar was short-lived. After an appeals court blocked a corresponding injunction, the dollar took a significant hit. Of course, the ruling is preliminary.Fxstreet
Fri, May 30
USD: April spending and inflation data in focus – ING
Yesterday's dollar rally didn't last long. It quickly became clear that the Trump administration would pursue other trade laws to enact its tariffs, and later, the US Court of Appeals proposed a delay in the original court ruling that tariffs were illegal.Fxstreet
Fri, May 30
