News
Important Only
Dow Jones futures bounce back ahead of US inflation data for July
Dow Jones futures attract significant bids in the overnight session on Tuesday. United States (US) equity futures rebound as both the United States (US) and China have confirmed that they agreed to postpone the tariff truce for 90 days.Fxstreet
Tue, Aug 12
US Dollar Index holds steady near 98.50 ahead of US CPI inflation data
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 flat note near 98.50 as traders prefer to wait on the sidelines ahead of a key US inflation report, which is due later on Tuesday.Fxstreet
Tue, Aug 12
Dow Jones Industrial Average eases as investors brace for CPI
The Dow Jones Industrial Average (DJIA) fell back on Monday, shedding around 200 points and testing below 44,000 once again as investors brace for the latest United States (US) Consumer Price Index (CPI) inflation figures due on Tuesday.Fxstreet
Mon, Aug 11
USD consolidates, focus on US inflation data – Scotiabank
FX trading is relatively subdued. There are no major data reports from the US or Canada this morning but the week ahead delivers updates on US CPI, PPI, Import Prices and Retail Sales, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Mon, Aug 11
Dow Jones futures rise due to rising odds of Fed multiple rate cuts
Dow Jones futures remain higher during early European hours, ahead of the regular market opening in the United States (US) on Monday, trading above 44,300, up by 0.12%. However, S&P 500 futures are steady near 6,400, and Nasdaq 100 futures fall 0.11% to trade around 23,700.Fxstreet
Mon, Aug 11
USD trades mixed as markets mull data, Fed outlook – Scotiabank
The US Dollar (USD) is ending the week mixed to slightly firmer overall though the broader trend in the DXY remains soft and sentiment retains a bearish undertone, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Aug 8
Dow Jones futures rise on dovish Fed outlook, chip stocks outperform
Dow Jones futures advance during early European hours, ahead of the market opening in the United States (US) on Friday, trading above 44,100, up by 0.14%. Meanwhile, S&P 500 futures rise by 0.16% to 6,370, and Nasdaq 100 futures appreciate 0.18% to trade around 23,300.Fxstreet
Fri, Aug 8
Donald Trump taps CEA Chair Stephen Miran for seat on Fed board
United States (US) President Donald Trump announced on Thursday that he would be selecting Stephen Miran, the current Chair of the US Council of Economic Advisors, to replace recently resigned Federal Reserve (Fed) Board of Governors (BoG) member Adriana Kugler.Fxstreet
Thu, Aug 7
Forex Today: Markets will focus on US tariffs and the Canadian jobs report
The US Dollar (USD) traded with decent gains, reversing part of Wednesday’s retracement, as market participants continued to closely follow any developments from the trade front as well as Trump’s plans to replace Chair Powell.
Fxstreet
Thu, Aug 7
USD retains a soft undertone – Scotiabank
The US Dollar (USD) is a little softer overall again this morning, reflecting a renewed strengthening in the bearish narrative amid investor concerns over the outlook for the US economy and monetary policy as well as the focus on the risk of political influence on Fed policy making and US data.Fxstreet
Thu, Aug 7
Dovish Fed talk weighs on USD as markets rally – BBH
US Dollar (USD) is trading heavy while equity markets continue to edge higher as Fed officials are sounding more dovish and global economic activity is resilient. Rate differentials point to further USD weakness, BBH FX analysts report.Fxstreet
Thu, Aug 7
