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Dow Jones futures rise on strong earnings from tech firms
Dow Jones futures rose 0.12% to around 49,580 in the European session on Tuesday, while S&P 500 and Nasdaq 100 futures climbed 0.27% and 0.57% to near 7,020 and 26,000, respectively. Investors now look ahead to a busy earnings slate later in the day, including results from AMD, Pfizer, and Chipotle.Fxstreet
Tue, Feb 3
USD: Strengthening against G10 currencies – UOB Group
The US Dollar showed strength against all G10 currencies following President Trump's nomination of Kevin Warsh as the next Fed Chair. This nomination is perceived as a move that may enhance central bank independence and ease concerns over the Dollar's depreciation.Fxstreet
Mon, Feb 2
US Dollar Index treads water above 97.00 ahead of ISM Manufacturing PMI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering more than 1% gains in the previous session and trading near 97.20 during the Asian hours on Tuesday.Fxstreet
Mon, Feb 2
Forecasting the upcoming week: Warsh shares the spotlight with central banks
The United States (US) Federal Reserve (Fed) had a busy week. On Monday, the Fed asked local New York banks about their positions in USD/JPY, fueling speculation that the US may be preparing to work with Japan on the Japanes Yen's (JPY) weakness.
Fxstreet
Fri, Jan 30
Dow Jones Industrial Average slides as Trump nominates Warsh for Fed chair
The Dow Jones Industrial Average (DJIA) declined sharply on Friday after President Donald Trump announced his nomination of former Fed Governor Kevin Warsh to succeed Jerome Powell as Federal Reserve (Fed) Chair.Fxstreet
Fri, Jan 30
USD: Warsh nomination boosts recovery hopes – ING
The Dollar is poised for a potential recovery following the expected nomination of Kevin Warsh as the new Federal Reserve Chair. This development is seen as a positive sign for the Dollar, which has been seeking a catalyst for recovery.Fxstreet
Fri, Jan 30
Forex Today: Trump slams Powell, US Dollar recovers from four-year lows
Financial markets were choppy on Thursday, with significant volatility during US trading hours. In the absence of other news, the focus was on United States (US) President Donald Trump, who said on Truth Social that the Federal Reserve (Fed) should substantially lower interest rates: “now!Fxstreet
Thu, Jan 29
USD hangs near four-year low, around 96.00 on Fed concerns and economic risks
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, meets with a fresh supply during the Asian session on Thursday and erodes a part of the previous day's modest recovery gains.Fxstreet
Thu, Jan 29
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