News
Important Only
US Dollar Index (DXY) retreats below 98.00 on risk appetite, lower US yields
The US Dollar is trading with a moderate negative tone on Friday. The risk-on mood triggered by the upbeat US corporate earnings seen on Thursday has extended to Friday’s European session, boosting demand for equities and pulling US yields and the USD lower.Fxstreet
Fri, Jul 18
Dow Jones Industrial Average tests higher ground after upbeat Retail Sales print
The Dow Jones Industrial Average (DJIA) extended a mid-week rebound on Thursday, tipping back into positive territory for the week as investors continue to brush off inflationary fears, tariff threats, and growing concerns that the Federal Reserve (Fed) could be poised to lose its political autonomyFxstreet
Thu, Jul 17
US Dollar holds firm as Trump walks back threat to remove Fed Chair Powell
The US Dollar (USD) gains positive traction on Thursday, recovering from a brief wobble late Wednesday after reports emerged that US President Donald Trump was considering firing Federal Reserve (Fed) Chair Jerome Powell.Fxstreet
Thu, Jul 17
Dow Jones futures trades broadly stable ahead of Netflix earnings, US-EU trade talks
Dow Jones futures trade quietly during the European trading session on Thursday. Financial market participants have sidelined, with investors await fresh cues on trade talks between the United States (US) and the European Union (EU).Fxstreet
Thu, Jul 17
DXY: 50-DMA an interim top? – OCBC
US Dollar (USD) had its choppy momentum overnight following reports that President Trump had considered dismissing Fed Chair Powell – though these claims were later denied by the man himself. DXY was last at 98.68 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Thu, Jul 17
US Dollar Index (DXY) approaches multi-week highs at 98.44 in risk-off markets
The US Dollar is outperforming its main rivals on Thursday, supported by risk-averse markets amid growing anxiety about trade tariffs and the ongoing pressures on Fed Chairman Powell, which have boosted speculation about his resignation.Fxstreet
Thu, Jul 17
Dow Jones Industrial Average pulls back after Trump targets Fed Chair Powell
The Dow Jones Industrial Average (DJIA) rose early Wednesday after United States (US) Producer Price Index (PPI) inflation remained on the cooler side, bolstering market confidence in a Federal Reserve (Fed) rate cut sooner rather than later.Fxstreet
Wed, Jul 16
Dow Jones Futures fall as traders adopt caution ahead of corporate earnings, PPI data
Dow Jones Futures fall ahead of the US market opening on Wednesday, trading around 44,135, down by 0.25%, during the European hours. Meanwhile, S&P 500 Futures are down by 0.08% to 6,260, and Nasdaq 100 Futures depreciate 0.36% to trade near 22,970.Fxstreet
Wed, Jul 16
