News
Important Only
USD: The foreign exchange market is currently indifferent to higher tariffs – Commerzbank
Back in the spring, practically everything revolved around tariffs, and even the slightest announcement could cause turmoil in the foreign exchange markets. Now, however, the market is hardly reacting to the threat of 100% tariffs on pharmaceuticals.Fxstreet
Thu, Oct 23
Dow Jones futures lose as risk aversion increases due to US data blackout
Dow Jones futures lose 0.12% to trade near 46,700 during European hours, ahead of the opening of the regular United States (US) session on Thursday. The S&P 500 futures gain 0.12% to trade near 6,750, while Nasdaq 100 futures rise 0.23% to reach near 25,100 at the time of writing.Fxstreet
Thu, Oct 23
USD holds gains amid tight trading ahead of key data – BBH
US Dollar (USD) consolidates within a narrow range as markets await September CPI and October PMI, while the ongoing US government shutdown adds pressure on growth and the Fed hints at year-end rate cuts, BBH FX analysts report.Fxstreet
Wed, Oct 22
USD: Further strength not so simple to sustain – ING
The US Dollar (USD) has continued to strengthen this week, as US credit market concerns appear to have now entirely left the FX market. The very large gold correction yesterday potentially added some support to the greenback, ING's FX analyst Francesco Pesole notes.Fxstreet
Wed, Oct 22
Dow Jones futures move little as traders await Tesla’s results
Dow Jones futures remain steady near 47,100 during European hours, ahead of the opening of the United States (US) regular session on Wednesday. The S&P 500 futures are flat around 6,770, while Nasdaq 100 futures lose 0.15% to trade near 25,250 at the time of writing.Fxstreet
Wed, Oct 22
Dow Jones Industrial Average hits new record high as earnings drive stocks higher
The Dow Jones Industrial Average (DJIA) surged into a record high on Tuesday, testing above 47,000 and posting a new all-time intraday high of 47,126. ‘Old economy’ stocks from companies that produce physical goods rather than information or technology services and hardware rallied hard after the laFxstreet
Tue, Oct 21
US Dollar Index (DXY) extends gains to 98.85 as market mood improves
The US Dollar strengthened across the board for the third consecutive day on Tuesday. The pair is trading near 98.75 at the early European session, at a short distance from the 98.85 intraday highs, and well above the 98.00 lows hit last Friday.Fxstreet
Tue, Oct 21
Dow Jones futures lose due to market caution ahead of earnings report
Dow Jones futures fall 0.18% to trade near 46,800 during European hours, ahead of the opening of the United States (US) regular session on Tuesday. The S&P 500 futures decline 0.14% to trade around 6,760, while Nasdaq 100 futures lose 0.16% to trade near 25,250 at the time of writing.Fxstreet
Tue, Oct 21
US Dollar Index posts modest losses to near 98.50, US-China trade tensions 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 98.60 during the Asian session on Tuesday. The DXY declines amid the ongoing US government shutdown.Fxstreet
Tue, Oct 21
Dow Jones futures rise due to easing US-China trade tensions, Fed rate cut bets
Dow Jones futures advance 0.37% to rise near 46,550 during European hours, ahead of the opening of the United States (US) regular session on Monday. The S&P 500 futures rise 0.45% to trade around 6,730, while Nasdaq 100 futures gain 0.56% to break above 25,100 at the time of writing.Fxstreet
Mon, Oct 20
US Dollar Index remains subdued around 98.50 due to government shutdown, Fed rate cut bets
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent gains registered in the previous session and trading around 98.40 during the Asian hours on Monday.Fxstreet
Mon, Oct 20
Dow Jones Industrial Average recovers footing, brushes off regional bank weakness
The Dow Jones Industrial Average (DJIA) found a near-term foothold to wrap up the trading week, rebounding around 260 points from recent lows and fighting to stay on the high side of key moving averages.Fxstreet
Fri, Oct 17
USD mixed, havens bid on US regional bank concerns – Scotiabank
The US Dollar (USD) is mixed to softer overall and heading for a close on the week overall that may be weak enough to point to a halt in the DXY’s rebound since mid-September, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Oct 17
