News
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US Dollar tests weekly low as US debt downgrade continues to weigh
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is slipping lower for a second consecutive day on Tuesday as markets continue to digest the recent downgrade of the rating in US debt, which led to a rollercoaster in US bond markets.Fxstreet
Tue, May 20
US Dollar Index (DXY) consolidates around 100.35 area, close to over one-week low
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, oscillates in a range around the 100.35 area through the Asian session on Tuesday and remains close to over a one-week low touched the previous day.Fxstreet
Tue, May 20
US Dollar under pressure as credit downgrade and policy uncertainty rattle markets
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, remains pinned near the 100.30 level to start the week, with bearish sentiment lingering after Moody’s downgraded the US credit rating.Fxstreet
Mon, May 19
Dow Jones Industrial Average rebounds after Moody’s downgrades US debt
The Dow Jones Industrial Average (DJIA) gained ground to kick off the new trading week, touching 42,800 for the first time in eight weeks as markets continue to push equity markets back into the high end following this year’s tariff-fueled stock rout.Fxstreet
Mon, May 19
US Dollar faces selling pressure after Moody’s US downgrade
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is on the back foot on Monday and trades around 100.40 at the time of writing. The DXY is undergoing some selling pressure with the Greenback losing some support and trust in markets again.Fxstreet
Mon, May 19
USD: Moodys follows eventually with downgrade – MUFG
The US Dollar (USD) is softer and longer-term yields are higher with the S&P future down 1.0% suggesting the potential for a day of triple selling of US assets that is being driven by the decision of Moodys to downgrade the sovereign rating of the US from the top Aaa rating to Aa1.Fxstreet
Mon, May 19
US Dollar Index falls below 100.50 following Moody’s downgrade of US credit rating
The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, has retraced its recent gains from the previous session and is trading around 100.40 during the Asian hours on Monday.Fxstreet
Mon, May 19
US Dollar ticks higher after weak consumer sentiment offsets broader data disappointment
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is trading slightly higher at around 101.00 on Friday after a softer-than-expected University of Michigan Consumer Sentiment survey added to a week of mixed US economic data.Fxstreet
Fri, May 16
Dow Jones Industrial Average tests higher despite slump in consumer sentiment
The Dow Jones Industrial Average (DJIA) stepped into fresh weekly highs on Friday after investors shrugged off the second-worst print from the University of Michigan’s (UoM) Consumer Sentiment Index on record.Fxstreet
Fri, May 16
US Dollar Index (DXY) Price Forecast: Seems vulnerable near 100.70; break below 200-period SMA on H4 awaited
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, trades with a negative bias for the second straight day on Friday, though the intraday downtick lacks bearish conviction.Fxstreet
Fri, May 16
Dow Jones gains ground as PPI beat boosts investor confidence
The Dow Jones Industrial Average (DJIA) pared early-week losses and rose about 200 points on Thursday. Equities were bolstered by a better-than-expected Producer Price Index (PPI) inflation print that showed upstream inflation effects are still cooling at a faster rate than initially expected.Fxstreet
Thu, May 15
US Dollar steadies ahead of US economic data, Fed Powell’s speech
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is catching its breath and trades slightly lower just below the 101.00 level at the time of writing on Thursday, ahead of a chunky United States (US) economic calendar.Fxstreet
Thu, May 15
US Dollar Index holds losses below 101.00 ahead of key US economic data
The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading lower at around 100.90 during Thursday's Asian session. The Greenback remains under pressure as investors assess ongoing trade-related uncertainties, despite a recent easing in tensions.Fxstreet
Thu, May 15
US Dollar softens as Gold slides below $3,200 on risk rebound
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, softened near 100.60 on Wednesday as cooler-than-expected inflation and news of ongoing US-South Korea currency discussions pressured the Greenback.Fxstreet
Wed, May 14
