Search
News
USD edges higher, but DXY losses persist – Scotiabank
The US Dollar (USD) is adding marginally to net losses on the week into Friday trade but the broader tone of price action is perhaps tending towards consolidation in DXY losses, with the index edging back to the 99 area, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Dec 5
US Dollar Index (DXY) remains close to multi-week low, around 99.00 ahead of US PCE data
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on the overnight bounce from its lowest level since late October and trades with a mild negative bias during the Asian session on Friday.Fxstreet
Fri, Dec 5
USD mixed as markets anticipate Fed cuts – BBH
US Dollar (USD) remains mixed as bets on Fed rate cuts rise amid disappointing ADP payrolls and signs of easing inflation pressures. US labor market shows strain with negative job trends, even as services activity holds up, keeping focus on upcoming job cuts and claims data, BBH FX analysts report.Fxstreet
Thu, Dec 4
USD slides on soft data and risk appetite – ING
The US Dollar (USD) fell as risk sentiment stabilized and soft ADP data reinforced expectations of a Fed rate cut next week. Despite potential short-term stabilization, the dollar faces continued downside pressure from overvaluation and seasonal trends, ING's FX analyst Francesco Pesole notes.Fxstreet
Thu, Dec 4
Dow Jones Industrial Average climbs 450 points after early AI shudders
The Dow Jones Industrial Average (DJIA) rose 450 points on Wednesday, sparked by renewed market optimism that the US economy is performing so poorly that the Federal Reserve (Fed) will be forced to deliver a third straight interest rate cut in December.Fxstreet
Wed, Dec 3
Featured Tools
Top News
U.S.-Iran Draft Agreement Reached. Strait of Hormuz to Be Reopened, Two Major Crudes Plunge 7% in Short Term
SpaceX June Listing Ignites Capital Frenzy, Space ETFs Attract $1.3 Billion in One Month, What Space ETFs Can Ordinary Investors Choose?
Trump Talks Tough to Iran and Multiple Middle East Countries. Pushing Middle East “Grand Alliance” to Sign Abraham Accords; Three Major US Index Futures Surge Across the Board
Quantum Stock Surge: Why Rigetti (RGTI) and Sector Peer Stocks Are Skyrocketing
SpaceX IPO June 12: How the SPCX Listing Impacts Tech & Aerospace Stocks
