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Dow Jones Industrial Average left behind as tech stocks rise
The Dow Jones Industrial Average (DJIA) missed the bullish bus on Wednesday, lagging its index peers and slumping over 250 points.
Fxstreet
Wed, Sep 3
USD edges lower, markets hold ranges – Scotiabank
The US Dollar (USD) has slipped back somewhat overall through the course of the European morning session, giving up early gains to trade a little softer overall against most of its major currency peers as the North American day gets underway, Scotiabank's Chief FX Strategists Shaun Osborne and Eric
Fxstreet
Wed, Sep 3
DXY: JOLTS Job openings today – OCBC
US Dollar (USD) rose overnight but range remains confined to recent levels. DXY last at 98.28 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Wed, Sep 3
USD: Dollar rally may be unwound – ING
Yesterday’s dollar rally lacked a clear catalyst beyond the selloff in global long-dated bonds – including the high-profile UK gilts. Rising debt concerns outside the US may have triggered some unwinding of abundant USD longs.
Fxstreet
Wed, Sep 3
USD: The really big chunks are yet to come – Commerzbank
The US ISM manufacturing index was good for a few short-term pips, but it failed to give the dollar a real blow yesterday. This is hardly surprising.
Fxstreet
Wed, Sep 3
Dow Jones futures trade lower amid uncertainty over future of Trump’s tariffs
Dow Jones futures extend losses in the overnight session on Wednesday. United States (US) equities are facing selling pressure as appeals of court has announced a verdict against a majority of tariffs imposed by President Donald Trump since his return to the White House.
Fxstreet
Wed, Sep 3
US Dollar Index (DXY) approaches a key resistance area above 98.65
The Dollar is moving higher for the second consecutive day on Wednesday, but USD bulls are showing signs of hesitation –the large wicks in the 4-hour candle– as price action approaches a cluster of resistances between 98.65 and 98.85.The fundamental background remains favourable, with investors wary
Fxstreet
Wed, Sep 3
US Dollar Index gains momentum to near 98.50 on cautious mood
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, drifts higher near 98.40 during the early Asian trading hours on Wednesday. The US JOLTS Job Openings and the Fed Beige Book will be released later on Wednesday.
Fxstreet
Wed, Sep 3
Forex Today: Australian GDP takes centre stage alongside US JOLTs
The US Dollar (USD) regained sudden buying interest and advanced to multi-day highs on Tuesday as investors continued to factor in a couple of interest rate cuts by the Federal Reserve in the latter part of the year.
EUR/USD
Fxstreet
Tue, Sep 2
Dow Jones Industrial Average falls 550 points as September gets underway
The Dow Jones Industrial Average (DJIA) shed around 550 points on Tuesday, with American markets returning from a long weekend with renewed selling pressure. Rising bond yields, government funding concerns, and fresh inflation concerns pummel investor sentiment through the overnight session.
Fxstreet
Tue, Sep 2
USD gains on haven demand – Scotiabank
Welcome to September. A traditionally tough month for stocks and, more recently bonds, is starting off in rather typical fashion, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Sep 2
USD: Things look more exciting on the US side – Commerzbank
The euro area's inflation figures may not be very exciting, but the US is returning from an extended Labour Day weekend today to start a busy week, Commerzbank's FX analyst Michael Pfister notes.
Fxstreet
Tue, Sep 2
USD: September seasonality in play? – ING
The dollar is drifting higher in quiet conditions. Weekend news about US tariffs being ruled illegal has not had much impact so far. US Treasury yields have been marked a couple of basis points higher, and US equity futures are slightly lower, ING's FX analyst Chris Turner notes.
Fxstreet
Tue, Sep 2
DXY: ISM Mfg today – OCBC
US Dollar (USD) a touch firmer this morning in quiet trade as US markets were closed for Labour Day holiday yesterday. DXY last at 98.35 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Tue, Sep 2
US Dollar Index recovers above 97.50 ahead of US ISM Manufacturing PMI release
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, recovers some lost ground to near 97.80 during the early Asian trading hours on Tuesday.
Fxstreet
Tue, Sep 2
USD: Executive overreach – ING
The US Labor Day holiday and the closed US Treasury market make it a little difficult to infer what investors make of Friday's federal appeals court ruling that President Donald Trump's universal tariffs were illegal.
Fxstreet
Mon, Sep 1
DXY: US holiday today – OCBC
US Dollar (USD) stays backfooted as core PCE came in largely in line with estimates. DXY last at 97.60 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Mon, Sep 1
US Dollar Index steadies above 97.50 as Fed rate cut bets weigh on outlook
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering losses in the previous four successive sessions and trading around 97.70 during the Asian hours on Monday. United States (US) markets will be closed on Monday
Fxstreet
Mon, Sep 1
Dow Jones Industrial Average stumbles after PCE inflation rises
The Dow Jones Industrial Average (DJIA) softened on Friday, easing back below 45,500 as stocks retreated due to another uptick in US Personal Consumption Expenditures Price Index (PCE) inflation figures.
Fxstreet
Fri, Aug 29
USD edges higher on Waller comment, more losses ahead – Scotiabank
The US Dollar (USD) is tracking a little higher into the end of the week after finding a little support overnight on comments from Fed Governor Waller, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Aug 29
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