News
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US Dollar Index Price Forecast: Outlook remains bearish, key support level emerges near 98.00
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 the lowest level in seven weeks near 98.35 due to rising expectations of Federal Reserve (Fed) rate cuts this year and persistent uncertainty over tariff battles.Fxstreet
Thu, Jun 12
Dow Jones Industrial Average breaks higher after US CPI beat
The Dow Jones Industrial Average (DJIA) rose on Wednesday, bolstered by cooler-than-expected Consumer Price Index (CPI) inflation data for May, as well as a tentative trade policy framework following two days of trade talks in London.Fxstreet
Wed, Jun 11
USD: Inflation and 10-year auction in focus today – ING
This week hasn’t shown a clear direction for the dollar so far. Uncertainty around how far-reaching the US-China trade talks in London will be has left room for domestic factors to shape relative performance across G10 currencies.Fxstreet
Wed, Jun 11
Dow Jones Industrial Average melt-up continues as markets await trade talk results
The Dow Jones Industrial Average (DJIA) is still trading into the high end of recent congestion on Tuesday. Market momentum remains limited overall as traders brace for a one-two punch of trade headlines and key post-tariff Consumer Price Index (CPI) inflation data due on Wednesday.Fxstreet
Tue, Jun 10
USD: FX markets in holding pattern awaiting fresh catalyst – Scotiabank
Currency markets are generally quiet as we move into Tuesday’s NA session. All of the G10 currencies are trading in a relatively tight range, with the exception of GBP as it underperforms on the back of a weaker domestic employment release.Fxstreet
Tue, Jun 10
USD: Focus on the $58bn 3-year auction – ING
Examining FX performance from both a spot and total return perspective over the last month reveals a bloc of four currencies that stand out. These are the Norwegian Krone, the Pound Sterling and the Australian and New Zealand Dollars. What does GBO have in common with these commodity currencies?Fxstreet
Tue, Jun 10
US Dollar Index strengthens above 99.00 amid hope for US-China trade deal
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, rebounds to around 99.25 during the early European session on Tuesday amid improved risk sentiment.Fxstreet
Tue, Jun 10
US Dollar Index (DXY) returns below 99.00 with all eyes on the US-China meeting
The Dollar is featuring the weakest performance of the G8 currencies on Monday as investors shifted their focus from the upbeat US Nonfarm Payrolls report to the trade negotiations between the US and China, due later today in London.The USD Index (DXY), which measures the value of the Greenback agaiFxstreet
Mon, Jun 9
US Dollar Index Price Forecast: Trades around 99.00 after pulling back from nine-day EMA
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent gains from the previous session and trading around 99.00 during the Asian hours on Monday.Fxstreet
Mon, Jun 9
Forex Today: Could Nonfarm Payroll figures save the US Dollar?
The Greenback bounced off its weekly lows of 98.35 as China’s media reported a call between US President Donald Trump and China’s President Xi Jinping. Both parties mentioned the call was good and focused on trade policies and rare earths.Fxstreet
Thu, Jun 5
