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US Dollar Index (DXY) slides to 97.50, one-week low amid Fed rate cut bets, government shutdown
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the fourth straight day and drops to a one-week low heading into the European session on Wednesday.Fxstreet
Wed, Oct 1
USD under pressure on shutdown risk – BBH
A possible US government shutdown first thing Wednesday morning is keeping USD under downside pressure, supporting Treasuries and driving gold prices to new highs. The logic is that a government shutdown could lead to a more dovish Fed. If a shutdown is brief, the Fed will ignore it.
Fxstreet
Tue, Sep 30
USD: A small piece of a large puzzle – Commerzbank
The US Dollar (USD) is set to continue weakening in the coming months. However, what is particularly interesting are the explanations other analysts offer for their respective forecasts. Recently, one argument has surfaced repeatedly: the increasing demand for hedging against USD weakness.Fxstreet
Tue, Sep 30
Dow Jones futures slid as potential US government shutdown looms
Dow Jones futures decline 0.18% to trade near 46,500 during European hours on Tuesday, ahead of the regular session opening in the United States (US). Meanwhile, the S&P 500 futures slid 0.19% to stay near 6,700, while Nasdaq 100 futures fall 0.21% to move below 24,800.Fxstreet
Tue, Sep 30
US Dollar Index remains below 98.00 due to looming government shutdown
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining subdued for the third successive session and trading around 97.90 during the Asian hours on Tuesday.Fxstreet
Tue, Sep 30
S&P 500 Rides 5-Month Winning Streak Into the Seasonal Golden Window Q4
With only one trading day left in the third quarter, the S&P 500 is on track for its fifth consecutive monthly gain. Having weathered the historically weak Q3, Wall Street now turns to what Bank of America calls “the most wonderful time of the year for equities” — the fourth quarter.
TradingKey
Tue, Sep 30
Dow Jones futures edge higher, likely on growing expectations of Fed rate cuts
Dow Jones futures rise 0.35% to trade above 46,700 during European hours on Monday, ahead of the United States (US) regular markets opening. Meanwhile, the S&P 500 futures climb 0.41% to move above 6,700, while Nasdaq 100 futures surge 0.52% to trade near 24,850.Fxstreet
Mon, Sep 29
US Dollar Index attracts some sellers below 98.00 as US government risks shutdown
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note around 97.95 during the Asian trading hours on Monday. The DXY declines amid the growing risk of a US government shutdown.Fxstreet
Mon, Sep 29
USD holds advance as yields provide support – Scotiabank
If the mid-week rise in the US Dollar (USD) was a bit of mystery, yesterday’s additional gains at least had the backing of firmer than expected US data, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Sep 26
USD: US consumers can still be relied upon – Commerzbank
The third estimate of US growth is usually not met with quite as much excitement in the market. This estimate covers a period that is already in the past, and two previous estimates have already provided an indication of growth.Fxstreet
Fri, Sep 26
Dow Jones futures hold steady as traders await US PCE inflation data
Dow Jones futures edge higher by 0.16% to trade near 46,350 during European hours on Friday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 futures gain 0.16% to remain above 6,650, while Nasdaq 100 futures climb 0.12% to trade near 24,650.Fxstreet
Fri, Sep 26
