News
Important Only
US Dollar Index steadies near 100.00 as fiscal risks cap upside despite upbeat PMI data
The US Dollar index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is trading cautiously around the 100.00 mark on Thursday after recovering from a two-week low and bouncing off key support at the 99.50 psychological level earlier in the day.Fxstreet
Thu, May 22
USD Index turns highly volatile near 99.50 after Trump’s bill advances to Senate
The US Dollar (USD) exhibits volatile action during North American trading on Thursday, with the US Dollar Index (DXY) showing wild moves near 99.50 after the United States (US) House of Representatives approved President Donald Trump’s tax bill narrowly and passed it to the Senate.Fxstreet
Thu, May 22
USD consolidates as Treasurys steady – Scotiabank
The US Dollar (USD) is consolidating. Global market sentiment remains soft, following yesterday’s hefty US equity market losses. Asian and European stocks are down and US equity futures are narrowly mixed, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Thu, May 22
When consensus on the 'safe haven' characteristic breaks down – Commerzbank
In times of increasing 'geostrategic uncertainty', the US Dollar has recently been tending to weaken rather than strengthen. The more this price behavior of the US currency becomes apparent, the more it could intensify, Commerzbank's Head of FX and Commodity Research Ulrich Leuchtmann notes.Fxstreet
Thu, May 22
US Dollar weakens for third straight day as US fiscal concerns linger
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, slips for a third consecutive day on Wednesday as markets brace for another playing field of geopolitical tensions.Fxstreet
Wed, May 21
US Dollar Index falls toward 99.50 as Fed officials express economic concerns
The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is extending its losses for the third successive session and trading lower at around 99.70 during the Asian hours on Wednesday.Fxstreet
Wed, May 21
Dow Jones Industrial Average hesitates as markets await trade clarity
The Dow Jones Industrial Average (DJIA) hit a pause in its recent bullish momentum, sticking close to the 42,800 region on Tuesday. Equities are taking a breather from their post-tariff recovery rally as investors await meaningful progress on trade talks.Fxstreet
Tue, May 20
US Dollar tests weekly low as US debt downgrade continues to weigh
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is slipping lower for a second consecutive day on Tuesday as markets continue to digest the recent downgrade of the rating in US debt, which led to a rollercoaster in US bond markets.Fxstreet
Tue, May 20
US Dollar Index (DXY) consolidates around 100.35 area, close to over one-week low
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, oscillates in a range around the 100.35 area through the Asian session on Tuesday and remains close to over a one-week low touched the previous day.Fxstreet
Tue, May 20
US Dollar under pressure as credit downgrade and policy uncertainty rattle markets
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, remains pinned near the 100.30 level to start the week, with bearish sentiment lingering after Moody’s downgraded the US credit rating.Fxstreet
Mon, May 19
Dow Jones Industrial Average rebounds after Moody’s downgrades US debt
The Dow Jones Industrial Average (DJIA) gained ground to kick off the new trading week, touching 42,800 for the first time in eight weeks as markets continue to push equity markets back into the high end following this year’s tariff-fueled stock rout.Fxstreet
Mon, May 19
US Dollar faces selling pressure after Moody’s US downgrade
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is on the back foot on Monday and trades around 100.40 at the time of writing. The DXY is undergoing some selling pressure with the Greenback losing some support and trust in markets again.Fxstreet
Mon, May 19
USD: Moodys follows eventually with downgrade – MUFG
The US Dollar (USD) is softer and longer-term yields are higher with the S&P future down 1.0% suggesting the potential for a day of triple selling of US assets that is being driven by the decision of Moodys to downgrade the sovereign rating of the US from the top Aaa rating to Aa1.Fxstreet
Mon, May 19
US Dollar Index falls below 100.50 following Moody’s downgrade of US credit rating
The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, has retraced its recent gains from the previous session and is trading around 100.40 during the Asian hours on Monday.Fxstreet
Mon, May 19
