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US Dollar Index rebounds toward 99.50 as trade tensions ease, but bearish pressure lingers
The US Dollar Index (DXY), which tracks the value of the US Dollar (USD), is pushing upward as market participants respond to fading trade tensions. Markets are drawing fresh optimism from President Trump's decision to delay the implementation of 50% tariffs on EU imports.Fxstreet
Wed, May 28
US Dollar Index rises toward 99.50, recovery appears from five-week lows
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is continuing its recovery from a five-week low of 98.70, recorded in the previous session. On Tuesday, the DXY is trading around 99.30 during the European hours.Fxstreet
Tue, May 27
US Dollar Index Price Forecast: Hovers around 99.00, with a persistent bearish bias
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent losses from the previous session. The DXY is trading around 98.80 during the Asian hours on Tuesday.Fxstreet
Tue, May 27
USD eases amid latest tariff reprieve – Scotiabank
President Trump rescinded his threat of 50% tariffs on EU imports over the weekend, delaying the decision until July 9th, the original end date of his last delay on reciprocal tariffs announced early in April, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Mon, May 26
US Dollar partially recovers after brief dip on EU tariffs delay
The US Dollar Index (DXY), which tracks the performance of the Greenback’s value against six major currencies, ticks slightly lower this Monday after facing some small losses during early trading hours. The index trades around 99.00 at the time of writing.Fxstreet
Mon, May 26
US Dollar Index dives to two-week low on Trump’s tariff threats and fiscal jitters
The US Dollar Index (DXY), which tracks the value of the US Dollar (USD) against a basket of six major currencies, slumps sharply on Friday, down over 1.8% for the week after posting a modest gain on Thursday to trade around 99.10 near a two-week low, ahead of the weekend.Fxstreet
Fri, May 23
Dow Jones Industrial Average declines on Friday as fresh tariff threats emerge
The Dow Jones Industrial Average (DJIA) saw stiff losses during the Friday market session The major equity index declined 780 points top-to-bottom and tapped 41,200 before a slow crawl back to the 41,750 region.Fxstreet
Fri, May 23
USD: Investors continue to re-evaluate ‘US exceptionalism’ – Rabobank
US treasuries appear to have drawn some comfort today from the Supreme Court’s ruling that the unique structure of the Fed may protect its board members from potentially being removed by the President, Rabobank's FX analyst Jane Foley reports.Fxstreet
Fri, May 23
DXY: Weak sentiment on the day – OCBC
Overnight, US Dollar (USD) bounced after prelim PMIs surprised to the upside. But gains were retraced in the morning, alongside the pullback in UST yields. DXY was last seen at 99.40, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Fri, May 23
USD: No change in FX language at the G7 meeting – ING
Earlier this week, we speculated over the low probability, high impact event of a change in FX language in this week's closing statement from the G7 meeting of Finance Ministers and Central Bank governors in Canada, ING's FX analyst Chris Turner notes.Fxstreet
Fri, May 23
USD: When will the market realize? – Commerzbank
The hard data from the US does not yet show any real signs of a drastic economic slowdown as a result of the new US administration's erratic trade and economic policy, although growth in the first quarter surprised on the downside with a contraction, fueling recession fears.Fxstreet
Fri, May 23
