News
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Dow Jones Industrial Average looks for recovery after last week’s confidence splashdown
The Dow Jones Industrial Average (DJIA) recovered some ground on Monday, climbing some 300 points and change at its peak in an effort to claw back some of last week’s losses sparked by an unexpected downturn in consumer confidence figures.Fxstreet
Mon, Feb 24
US Dollar in whipsaw move as traders assess German election results
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, recovers the nearly 0.50% loss it incurred in the opening hours in the Asian markets and trades flat near 106.60 at the time of writing on Monday.Fxstreet
Mon, Feb 24
US Dollar Index (DXY) hits over two-month low around 106.20, seems vulnerable below 100-day SMA
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, kicks off the new week on a downbeat note and drops to its lowest level since December 10 during the Asian session.Fxstreet
Mon, Feb 24
DXY: Short-covering lifts USD into weekend – Scotiabank
The US Dollar (USD) is trading higher on the day overall, with yesterday’s big winner, the JPY, this morning’s big loser after Japan’s January headline CPI reflected the anticipated pick up to 4.0% Y/Y, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Fri, Feb 21
US Dollar Index Price Forecast: Tests 106.50 near descending channel's lower boundary
The US Dollar Index may find immediate support at the descending channel’s lower boundary at 106.10. The 14-day RSI remains below 50, reinforcing bearish bias. The primary resistance appears at the nine-day EMA at 107.00.Fxstreet
Fri, Feb 21
US Dollar Index remains subdued around 107.00 as Treasury yields continue to fall
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, depreciates after registering gains for the last two successive days amid falling Treasury yields.Fxstreet
Thu, Feb 20
US Dollar edges higher while markets assess Trump’s latest comments on Ukraine and tariffs
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges slightly higher on Wednesday and recovers above the 107.00 level on Wednesday, with traders seeing the DXY well positioned amidst all tariff and geopolitical headlines.Fxstreet
Wed, Feb 19
