News
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USD soft but holding on to recent gains ahead of inflation data – Scotiabank
The US Dollar (YSD) is trading softly against a narrow set of G10 currencies but holding on to the bulk of its recent gains as we head into Tuesday’s NA session, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Tue, May 13
USD: Just a guy, trying to change the world – Commerzbank
It looks like a stroke of genius. Nobody thought it was possible, but the Donald Trump administration has made it. In just one weekend of negotiations, tariffs between the US and China were reduced by 115 percentage points each.Fxstreet
Tue, May 13
US Dollar Index Price Forecast: Outlook remains bearish, key support level emerges near 100.00
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, retreats from its highest level since April 10 to 101.60 during the early European trading hours on Tuesday.Fxstreet
Tue, May 13
US Dollar surges as trade war cools and Fed cuts get priced out
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, skyrocketed to a one-month high on Monday after China and the United States announced a 90-day pause in their trade war.Fxstreet
Mon, May 12
Dow Jones Industrial Average lurches higher on US-UK trade deal announcement
The Dow Jones Industrial Average (DJIA) gained ground on Thursday, climbing over 650 points or 1.6% after the Trump administration announced an incoming (but still not signed) trade deal with the United Kingdom (UK).Fxstreet
Thu, May 8
Dow Jones Industrial Average holds steady ahead of Fed rate call
The Dow Jones Industrial Average (DJIA) trimmed into the midrange during early Wednesday trading, treading water just above the 41,000 major handle as investors await the latest rate call from the Federal Reserve (Fed).Fxstreet
Wed, May 7
Dow Jones Industrial Average continues cautious climb, bolstered by PMI beat
The Dow Jones Industrial Average (DJIA) rose another 100 points on Monday, extending the ongoing equity recovery even as investor sentiment continues to churn in the face of constantly changing trade policies from the US administration.Fxstreet
Mon, May 5
Dow Jones tanks over 200 points as US economy shrinks, recession fears loom
The Dow Jones Industrial Average (DJIA) plunged more than 200 points or over 0.51% as the economy in the United States (US) contracted for the first time since 2022, fueling fears that the economy could be at risk of a recession under the Trump administration.Fxstreet
Wed, Apr 30
Dow Jones rallies 300 points as soft US data fuels Fed rate cut bets
The Dow Jones Industrial Average (DJIA) surged over 300 points or 0.80% on Tuesday as softer-than-expected United States (US) economic data suggested the need for lower interest rates, as witnessed by the fall of US Treasury yields.Fxstreet
Tue, Apr 29
Dow Jones rebounds above 40,000 as traders brace for mega-cap earnings
The Dow Jones Industrial Average (DJIA) erased earlier losses and rose, posting gains of over 0.13%. Market participants were awaiting earnings reports of four of the seven mega-cap companies, which lowered most US equity indices, including the DJIA.Fxstreet
Mon, Apr 28
Dow Jones soars toward 40,000 on Fed rate cut bets, China’s optimism
The Dow Jones Industrial Average (DJIA) registered gains of over 0.62% as investors became optimistic that the Federal Reserve (Fed) could cut interest rates at its June meeting amid growing concerns of a recession in the United States (US).Fxstreet
Thu, Apr 24
Dow Jones soars close to 500 points as Trump calms Powell firing fears, China tariff relief eyed
The Dow Jones Industrial Average (DJIA) rallied over 490 points or close to 1.30% on Wednesday amid traders' relief on a possible de-escalation of the US-China trade war and US President Donald Trump's comment that he doesn’t plan to remove Federal Reserve (Fed) Chair Jerome Powell.Fxstreet
Wed, Apr 23
