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Dow Jones Industrial Average wobbles higher despite shaky consumer confidence
The Dow Jones Industrial Average (DJIA) ground its way into another record bid on Tuesday, but price action remains tepid and intraday momentum is struggling to outpace the 42,000 level.
US30
Fxstreet
Sep 24, 2024
US CB Consumer Confidence Index falls in September to 98.7
Consumer sentiment in the United States (US) deteriorated in September, with The Conference Board's (CB) Consumer Confidence Index falling to 98.7 in September after printing at 105.6 in August.
US Dollar Index
Fxstreet
Sep 24, 2024
Fed's Bowman: Cautious on rate cuts to avoid reigniting inflation
Federal Reserve (Fed) Governor Michelle Bowman speaks about the economic outlook and monetary policy at the Kentucky Bankers Association Annual Convention in Virginia.
US Dollar Index
Fxstreet
Sep 24, 2024
US Dollar steadies as the Greenback not impressed by China’s stimulus plan
The US Dollar (USD) trades mixed on Tuesday after the Chinese government issued measures to reboot its sluggish economy. The main key elements of the plan are the 500 billion Yuan (CNY) cash injection and the liquidity line with the People’s Bank of
US Dollar Index
Fxstreet
Sep 24, 2024
USD: Chinese policies are a mild USD negative – ING
The top news this European morning is a package of monetary easing measures delivered by Chinese authorities overnight.
US Dollar Index
Fxstreet
Sep 24, 2024
DXY: The narrative will be driven by Fedspeaks – OCBC
This week is a busy week of Fedspeaks. DXY was last at 100.84, OCBC FX strategists Frances Cheung and Christopher Wong note.
US Dollar Index
Fxstreet
Sep 24, 2024
Forex Today: US Dollar holds ground amid China optimism, Mideast concerns
Here is what you need to know on Tuesday, September 24: Risk flows seem to have returned in Tuesday’s trading, as investors cheer China’s stimulus announcement and the overnight dovish US Federal Reserve (Fed) commentary.
US Dollar Index
Fxstreet
Sep 24, 2024
Dow Jones Industrial Average teases fresh record high on tepid Monday
The Dow Jones Industrial Average (DJIA) tested into a fresh record bid on Monday, but middling US data prints and cautious Fedspeak early in the day have kept risk appetite restrained.
US30
Fxstreet
Sep 23, 2024
USD firmer as EUR dips on weak data – Scotiabank
The US Dollar (USD) is firmer overall on the session but has nudged off its earlier highs against its major currency peers, Scotiabank’s Chief FX Strategist notes.
US Dollar Index
Fxstreet
Sep 23, 2024
US Dollar gains as Europe’s activity outlook facing issues
The US Dollar (USD) strengthens on Monday and trades above 101.00 after the preliminary S&P Global and Hamburg Commercial Bank (HCOB) Purchase Managers Index (PMI) data portrayed a very sketchy picture for France, Germany, and the broader Eurozone.
US Dollar Index
Fxstreet
Sep 23, 2024
USD: More data this week – ING
The US Dollar (USD) is trading in mixed fashion and has not seen any follow-through selling from last Wednesday's 50bp Federal Reserve rate cut, ING’s Chirs Turner notes.
US Dollar Index
Fxstreet
Sep 23, 2024
US Dollar rises as sellers take a breather, political jitters
The US economy is experiencing a moderate slowdown, but indicators suggest that economic activity remains robust overall.
US Dollar Index
Fxstreet
Sep 20, 2024
Dow Jones Industrial Average squeezes higher on Friday
The Dow Jones Industrial Average (DJIA) edged back into the top end during the Friday market session, keeping bids north of 42,000 and sticking close to this week’s all-time record peaks.
US30
Fxstreet
Sep 20, 2024
US Dollar set to post third consecutive week in red as dust from Fed meeting settles
The US Dollar (USD) trades broadly steady on Friday after Thursday’s sharp decline, when traders revalued the Greenback after the US Federal Reserve (Fed) joined the European Central Bank (ECB) and several others by starting its interest-rate cutting cycle.
US Dollar Index
Fxstreet
Sep 20, 2024
USD: Getting softer amid intra-day volatility – ING
Amid much intra-day volatility, the Dollar Index (DXY) is down around 0.5% on the week.
US Dollar Index
Fxstreet
Sep 20, 2024
US Dollar declines as market digests FOMC decision
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, is trading flat near 100.70 on Thursday as the market digests the Federal Reserve's (Fed) 50-basis-point (bps) cut.
US Dollar Index
Fxstreet
Sep 19, 2024
Dow Jones Industrial Average climbs into another record high
The Dow Jones Industrial Average (DJIA) pierced the 42,000 psychological level on Thursday as equities drove higher in a broad-market bull run after the Federal Reserve (Fed) finally delivered its first rate cut in over four years.
US30
Fxstreet
Sep 19, 2024
USD: Broadly weaker as FOMC dust settles – Scotiabank
The bold move from the Fed was accompanied by a significant shift in the Fed’s rate outlook.
US Dollar Index
Fxstreet
Sep 19, 2024
US Dollar in volatile ride as markets digest Fed initial rate cut
The US Dollar (USD) trades back to where it was ahead of the US Federal Reserve (Fed) meeting during the European trading session on Thursday.
US Dollar Index
Fxstreet
Sep 19, 2024
DXY: Everyone’s eyes are on FOMC – OCBC
Focus today on FOMC (2am SGT) – whether its 25 or 50bp cut and admittedly, this remains a close call.
US Dollar Index
Fxstreet
Sep 18, 2024
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