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United States Dollar Index remains below 99.00 as 10-year US yield steadies
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding losses after registering minor gains in the previous day and trading around 98.80 during the early European hours on Friday.
US Dollar Index
Fxstreet
Fri, Aug 21
US Dollar: Treasury twist signals structural risks – Commerzbank
Commerzbank’s Volkmar Baur notes the US Dollar remains under pressure as EUR/USD trades around 1.17 following the US Treasury’s expansion of its Liquidity Support Buyback Operations.
US Dollar Index
EUR/USD
Fxstreet
Fri, Aug 21
United States Dollar Index trades around 99.75-99.70, hangs near three-month low
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts fresh sellers during the Asian session on Friday, stalling the previous day's modest bounce from the vicinity of mid-98.00s, or the lowest since May 14.
US Dollar Index
Fxstreet
Fri, Aug 21
Dow Jones Industrial Average repays the Treasury's rally with interest
Wednesday bought the bond market one session of calm and the Dow Jones Industrial Average spent Thursday paying for it with interest.
US30
Fxstreet
Thu, Aug 20
Forex Today: US Dollar firms ahead of global flash PMIs
The US Dollar Index (DXY) is hovering near 98.90, still short of 100.00, but grinding higher on Thursday. Hawkish commentary from Federal Reserve Bank of St.
US Dollar Index
Fxstreet
Thu, Aug 20
The Dollar Index takes its floor from a Fed non-voter
The Dollar Index has spent Thursday building a floor just above 98.50 and defending it with everything the calendar had to offer, and the entire effort is worth roughly a tenth of a point.
US Dollar Index
Fxstreet
Thu, Aug 20
Dow Jones Industrial Average sells the best outlook since 1983
The Dow Jones Industrial Average trades near 53,050, more than 400 points lower on the session, after two of the strongest American data points of the month arrived in the same 12:30 GMT block and were sold on delivery.
US30
Fxstreet
Thu, Aug 20
US Dollar: Debasement worries weigh after buyback – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note the US Dollar (USD) is extending losses to its weakest level since mid-June as markets react to the US Treasury’s decision to double bond buybacks.
US Dollar Index
Fxstreet
Thu, Aug 20
"More avenues opening for US Dollar weakness ahead": MUFG on why Treasury buyback could backfire
The US Dollar (USD) has extended its decline following the US Treasury’s unexpected decision to double its long-end bond buybacks, an intervention designed to push down long-term borrowing costs.
US Dollar Index
Fxstreet
Thu, Aug 20
US Dollar: Consolidation after treasury buybacks – DBS
DBS Group Research strategist Chang Wei Liang notes ongoing Dollar weakness after the US Treasury unexpectedly doubled long-dated bond buybacks, pushing DXY below 99.
US Dollar Index
Fxstreet
Thu, Aug 20
US Dollar: Treasury buybacks raise fiscal questions – BBH
Brown Brothers Harriman (BBH) notes that US long-term Treasury yields have retraced most of their decline following the Treasury’s expanded buyback announcement, while the US Dollar (USD) remains under pressure.
US Dollar Index
Fxstreet
Thu, Aug 20
US Dollar: Downside risks grow as yields contained – MUFG
MUFG’s Derek Halpenny and Abdul-Ahad Lockhart highlight that the US Treasury’s unscheduled expansion of long-end buybacks triggered the largest daily US Dollar drop since March outside intervention episodes.
US Dollar Index
Fxstreet
Thu, Aug 20
US Dollar: Policy-driven yield retreat – UBS
UBS' chief economist Paul Donovan notes that the United States (US) Treasury’s plan to at least double purchases of long-term US government bonds triggered a rally, pushing 10-year yields down to levels seen a week ago.
US Dollar Index
Fxstreet
Thu, Aug 20
US Dollar: Policy-driven yield retreat – UBS
UBS' chief economist Paul Donovan notes that the United States (US) Treasury’s plan to at least double purchases of long-term US government bonds triggered a rally, pushing 10-year yields down to levels seen a week ago.
US Dollar Index
Fxstreet
Thu, Aug 20
Dow Jones futures gain on Treasury bond buyback relief
Dow Jones futures inch lose 0.11% to trade around 53,470 during European hours on Thursday. Meanwhile, S&P 500 futures remain inching lower by 0.06%, trading near 7,720, and Nasdaq 100 futures remain steady around 29,520.
NAS100
US30
SPX500
Fxstreet
Thu, Aug 20
US Dollar: Upside capped as yields ease – MUFG
MUFG’s Lloyd Chan notes the US Dollar weakened after US Treasury Secretary Bessent announced a major expansion of long-dated Treasury buybacks, which pushed long-end yields lower.
US Dollar Index
Fxstreet
Thu, Aug 20
US Dollar: Under pressure as yields capped – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong say the Dollar has weakened to its lowest level since May as expanded Treasury buybacks pushed long-end US yields lower.
US Dollar Index
Fxstreet
Thu, Aug 20
98.75 support tested; US Dollar Index under pressure amid US debt buyback plan
The US Dollar (USD) took a beating on Wednesday after US Treasury Secretary Scott Bessent announced a plan to buy back long-term government debt to ease Bond yields.
US Dollar Index
Fxstreet
Thu, Aug 20
US Dollar: Risk-on pattern with softer DXY – ING
ING’s Chris Turner notes that US Treasury buy-back operations and a drop in longer-dated yields have supported equities and weighed on the Dollar.
US Dollar Index
Fxstreet
Thu, Aug 20
United States Dollar Index weakens below 99.00 on Fed repricing, Treasury bond buybacks
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.80 in the early European trading hours on Thursday.
US Dollar Index
Fxstreet
Thu, Aug 20
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