News
Important Only
DXY: Softer on the day for now – OCBC
US Dollar (USD) continued to drift lower on dovish remarks from Fed officials, surprise turn lower in Philadelphia business outlook, extended US government shutdown, falling UST yields and the negative sentiments on some US regional banks over exposure to auto bankruptcy.
Fxstreet
Fri, Oct 17
USD: Multiple factors hitting the dollar at once – ING
A sudden return of market scrutiny on US regional banks is adding a rather unexpected negative factor to the dollar. US equities took a hit yesterday, with the S&P500 regional banks sub-index plummeting 5% after two lenders reported problems with loans associated with fraud.Fxstreet
Fri, Oct 17
US Dollar Index (DXY) trims some losses after bouncing from the 98.00 area
The US Dollar Index has found some support at the 98.00 area and is trimming some losses during Friday’s European trading session. The Index, however, remains vulnerable, after having depreciated nearly 1.30% in a four-day sell-off.Fxstreet
Fri, Oct 17
Dow Jones futures decline due to loan fraud, US-China tensions
Dow Jones futures fall 0.61% to move below 45,900 during European hours on Friday, ahead of the opening of the United States (US) regular session. The S&P 500 futures decline 0.88% to trade near 6,600, while Nasdaq 100 futures plunge 0.96% to break below 24,600 at the time of writing.Fxstreet
Fri, Oct 17
US Dollar Index falls toward 98.00 due to US government shutdown, Fed rate cut bets
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the fourth successive session and trading around 98.20 during the Asian hours on Friday.Fxstreet
Fri, Oct 17
Dow Jones futures move little ahead of corporate earnings releases
Dow Jones futures inch higher 0.06% to move above 46,500 during European hours on Thursday, ahead of the opening of the United States (US) regular session. The S&P 500 futures move 0.07% up to remain above 6,700, while Nasdaq 100 futures rise 0.23% to trade near 25,000 at the time of writing.Fxstreet
Thu, Oct 16
US Dollar Index (DXY) slides to over one-week low, seems vulnerable below mid-98.00s
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the third straight day and drops to an over one-week low during the Asian session on Thursday.Fxstreet
Thu, Oct 16
Dow Jones Industrial Average briefly explores higher ground as earnings drive the narrative
The Dow Jones Industrial Average (DJIA) found room on the high side on Wednesday, climbing into a second day of recovery flows and testing territory north of 46,600 before settling back to flat for the day.Fxstreet
Wed, Oct 15
USD: Powell confirms what’s largely priced – MUFG
The US Dollar (USD) has weakened a little further during the Asian trading session following the selling yesterday helped by growing optimism in France that PM Lecornu has done enough to avoid defeat in a government no-confidence motion and more importantly in response to comments from Fed Chair PowFxstreet
Wed, Oct 15
Dow Jones Futures advance as Fed easing hopes boost risk appetite
Dow Jones Index futures are showing mild gains during Wednesday’s European morning session, extending Tuesday’s rebound as Fed Chair Jerome Powell cemented hopes of further monetary easing and sent trade jitters to the back seat.Fxstreet
Wed, Oct 15
US Dollar Index slips below 99.00 due to rising odds of further Fed rate cuts
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive session and trading around 98.80 during the European hours on Wednesday.Fxstreet
Wed, Oct 15
US Dollar Index (DXY) remains depressed below 99.00; seems vulnerable to slide further
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen extending the overnight pullback from the vicinity of its highest level since early August, touched last week, and drifts lower for the second straight day.Fxstreet
Wed, Oct 15
