News
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USD edges lower, focus on US data – Scotiabank
The US Dollar (USD) is tracking a little lower on the session in broad, Dollar Index (DXY) terms but losses remain relatively contained and the index is holding a little above last week’s low. The CNY continues to strengthen, meanwhile, giving much of the Asian FX complex a lift.Fxstreet
Mon, Dec 15
Nasdaq Says Biogen, CDW Corporation, Globalfoundries, Lululemon Athletica, On Semiconductor, Trade Desk Will Be Removed From Nasdaq 100 Index
Dec 12 (Reuters) - Nasdaq Inc NDAQ.O:NASDAQ INC - ANNOUNCES RECONSTITUTION OF NASDAQ-100 INDEX EFFECTIVE DEC 22NASDAQ INC: SIX COMPANIES WILL BE ADDED TO NASDAQ 100 INDEXNASDAQ INC: BIOGEN, CDW CORPORATION, GLOBALFOUNDRIES , LULULEMON ATHLETICA, ON SEMICONDUCTOR, TRADE DESK WILL BE REMOVED FROM NAS...Reuters
Sat, Dec 13
Dow Jones Industrial Average retreats from record highs but poised for weekly gain
The Dow Jones Industrial Average (DJIA) retreated from record intraday highs on Friday alongside its major index peers as investors continued rotating out of technology and into value-oriented sectors. The Dow briefly hit a new intraday record before pulling back 0.3%.Fxstreet
Fri, Dec 12
USD edges higher as global equities hit record highs – BBH
USD recovered some of yesterday’s losses and trading close to the middle of its range in place since June. The MSCI All Country World Index rallied to a record high yesterday underpinned by Fed easing and resilient global economic activity.Fxstreet
Fri, Dec 12
USD retreats post-FOMC – OCBC
Following the Federal Open Market Committee (FOMC) meeting, the US Dollar (USD) softened broadly while risk proxies, non-USD currencies, precious metals, and even crypto assets saw constructive moves. DXY last seen around 98.46 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Fri, Dec 12
Dow Jones Industrial Average jumps 600 points as investors pivot to growth stocks
The Dow Jones Industrial Average (DJIA) surged to a fresh record on Thursday as investors rotated out of pressured tech names and into stocks tied more closely to economic growth following the Federal Reserve’s (Fed) latest interest rate cut.Fxstreet
Thu, Dec 11
US Dollar Index softens to near 98.50 post-Fed rate cut, Jobless Claims data in focus
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 negative note near 98.55 during the Asian trading hours on Thursday.Fxstreet
Thu, Dec 11
Dow Jones Industrial Average soars 580 points on third straight Fed rate cut
The Dow Jones Industrial Average (DJIA) climbed on Wednesday after the Federal Reserve (Fed) delivered its third straight quarter-point rate cut, lifting the Dow by over 1.2% and nudging the S&P 500 higher while the Nasdaq hovered near flat.Fxstreet
Wed, Dec 10
US Dollar Index tumbles as Fed rate outlook widens
The US Dollar Index (DXY) tumbled to fresh intraday lows on Wednesday after the Federal Reserve (Fed) delivered a widely anticipated third straight interest rate cut, lowering its main policy rate to its lowest level in three years.Fxstreet
Wed, Dec 10
US Dollar Index (DXY) holds previous gains above 99.00 ahead of the Fed
The US Dollar Index (DXY)is trading practically flat on the daily chart, following a rejection at the 99.30 area on Tuesday, with downside attempts contained above the 99.00 line, as investors bid their time awaiting the outcome of the Federal Reserve meeting, due on Wednesday, at 19:00 GMT.The DXY,Fxstreet
Wed, Dec 10
