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USD: Still waiting on the data catalyst – Commerzbank
US data sent very mixed messages yesterday to a market seeking validation of recent dovish Fed speculation. 1Q GDP was revised again, showing an even bigger quarter-on-quarter annualised contraction of -0.5% compared to the previously reported -0.2%.Fxstreet
Fri, Jun 27
US Dollar Index trades lower around 97.00, three-year lows, awaits US PCE inflation
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining subdued for the seventh consecutive day and trading at around 97.30 during the early European hours on Friday, close to the 97.00 level, the lowest level since March 2022, recorded oFxstreet
Fri, Jun 27
US Dollar Index attracts some sellers below 97.50, US PCE data 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, remains on the defensive near 97.25, its lowest level in three and a half years during the Asian session on Wednesday.Fxstreet
Fri, Jun 27
US Dollar Index refreshes three-year low near 97.00 as Trump attacks Fed’s independence
The US Dollar (USD) faces a sharp selling pressure on Thursday as United States (US) President Donald Trump lashed out on Federal Reserve (Fed) Chair Jerome Powell again for arguing in favor of holding interest rate cuts in the upcoming policy meetings in his semi-annual testimony before the SenateFxstreet
Thu, Jun 26
DXY: Fresh 2025 Low – OCBC
US Dollar (USD) continued to come under pressure on softer US housing data overnight and in reaction to report that Trump may consider nominating the next Fed Chair earlier around September or October. DXY was last seen at 97.20, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Thu, Jun 26
US Dollar Index (DXY) hits fresh three-year lows near 97.00 on Trump’s attacks on Powell
The US Dollar is trading lower for the sixth consecutive day on Thursday, as Trump’s attacks on Fed Chairman Jerome Powell have undermined confidence in the US central bank and revived the “Sell America” trade.Fxstreet
Thu, Jun 26
US Dollar Index tumbles to near 97.50 as Trump considers candidates to replace Powell
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, tumbles to a fresh three-and-a-half-year low near 97.60 during the early European session on Thursday.Fxstreet
Thu, Jun 26
Forex Today: Peace in the Middle East hopes spur market sentiment higher
The US Dollar (USD) extended near-term bearish momentum, falling sharply and extending into a four-day decline as investors settle into a comfortable risk-on stance, stepping out of the safe-haven Greenback and into riskier assets as investors bank on a continued cooling of recent Middle East tensioFxstreet
Tue, Jun 24
Dow Jones Industrial Average soars on Middle East peace deal hopes
The Dow Jones Industrial Average (DJIA) rallied on Tuesday, with equity markets bolstered across the board as the Israel-US-Iran conflict looks set to continue cooling off. Crude Oil markets are receding, falling into two-week lows and further easing market fears.Fxstreet
Tue, Jun 24
US Dollar slides as Israel-Iran ceasefire overshadows hawkish Powell’s tone
The US Dollar Index (DXY) is trading lower on Tuesday following news of a ceasefire agreement between Israel and Iran, which has alleviated demand for the US Dollar (USD). At the time of writing, the DXY is trading near 97.65, just above the June low of 97.61.Fxstreet
Tue, Jun 24
US Dollar Index (DXY) consolidates losses below 97.80 with Fed's Powell on focus
The US Dollar is one of the worst performers on Tuesday, hammered by weaker demand for safe assets, after the ceasefire between Israel and Iran and higher hopes for further Fed easing in the coming months.The DXY, which measures the value of the US Dollar against the world’s six most traded currenciFxstreet
Tue, Jun 24
