News
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US: Not quite 250 basis points – Commerzbank
Despite the wishes of a certain White House resident, the US Federal Reserve left its key interest rate unchanged at 4.25-4.5% on Wednesday. However, it adjusted its economic projections quite significantly. These indicate expectations of a somewhat stagflationary environment.Fxstreet
Fri, Jun 20
US Dollar Index edges lower to near 98.50, awaits Fed's Monetary Policy Report
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day and trading lower at around 98.70 at the time of writing. Traders will likely gauge the Fed's Monetary Policy Report, scheduled for release oFxstreet
Fri, Jun 20
USD firmer but off highs amid soft risk sentiment – Scotiabank
The US Dollar (USD) has advanced in overnight trading, with markets trading with a distinct whiff of risk aversion amid reports that the US is planning for a possible strike on Iran in the coming days, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Thu, Jun 19
US Dollar Index moves above 99.00 due to Fed Rate hold, escalating Middle-East tensions
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive session and trading higher at around 99.10 during the Asian hours on Thursday. The Greenback continues to gain ground following the US Federal ReseFxstreet
Thu, Jun 19
Trump signals possible Iran talks, says “anything could happen” in Mideast
US President Donald Trump said that he would have a meeting in an hour, to discuss the Iran-Isreal conflict, and reaffirmed that Iran should have made a deal. He added that if Iran wants to come to the White House, he may do that.Fxstreet
Wed, Jun 18
USD mixed ahead of FOMC – Scotiabank
The US Dollar (USD) has edged back a little from its overnight peaks and stocks are flat to slightly firmer while crude prices have eased a little as investors dial back geopolitical worries, at least for the moment, and focus on the Fed, Scotiabank's Chief FX Strategists Shaun Osborne and Eric TheoFxstreet
Wed, Jun 18
