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Dow Jones Industrial Average shrugs off hot PPI and an island shopping list
After Wednesday's near 2% drubbing, the Dow Jones Industrial Average (DJIA) spent Thursday doing something stranger than falling: very little.
US30
Fxstreet
Thu, Jun 11
“There will be more bombing tonight”: US President Trump declares
United States (US) President Donald Trump said on Thursday that negotiations with Iran remain ongoing but warned of further military action, stating that additional strikes are expected later in the day. Trump made these statements in a Fox News interview.
US Dollar Index
Fxstreet
Thu, Jun 11
US Dollar: Firm tone with sticky inflation – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is firm as United States (US) data show stalled disinflation and sticky inflation measures drifting away from the Federal Reserve’s (Fed) 2% target.
US Dollar Index
Fxstreet
Thu, Jun 11
US Dollar: Uptrend seen intact into FOMC – TD Securities
TD Securities strategists note that a softer core United Kingdom (UK) Consumer Price Index (CPI) print triggered initial US Dollar (USD) weakness, but they still expect the broad USD uptrend to remain supported into next week’s Federal Open Market Committee (FOMC) meeting.
US Dollar Index
Fxstreet
Thu, Jun 11
United States Dollar Index bounces back amid US-Iran ceasefire uncertainty
The US Dollar (USD) claws back its slight early losses and edges higher during the European trading session amid intensifying fears that the ceasefire between the United States (US) and Iran, announced on April 8, could collapse due to the exchange of attacks in the last few days.
US Dollar Index
Fxstreet
Thu, Jun 11
Dow futures rise after reports of US military concluding Iran strikes
Dow Jones futures gain 0.61%, trading near 50,300 during the European hours on Thursday, ahead of the US regular opening. However, S&P 500 futures rise 0.67% to near 7,330, and Nasdaq 100 futures advance 1.03%, trading near 28,850 at the time of writing.
US30
NAS100
SPX500
Fxstreet
Thu, Jun 11
S&P 500: Equities slide on stagflation fears – Deutsche Bank
Deutsche Bank reports that global equities, led by the S&P 500 and NASDAQ, have fallen to one‑month lows as higher Oil prices and US‑Iran tensions revive stagflation concerns.
SPX500
Fxstreet
Thu, Jun 11
United States Dollar Index (DXY) Price Forecast: Bulls have the upper hand above 99.50
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, edges lower during the Asian session on Thursday, stalling the overnight bounce from the vicinity of the weekly low.
US Dollar Index
Fxstreet
Thu, Jun 11
United States Dollar Index declines despite increased safe-haven demand
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding losses after registering minor gains in the previous day and trading around 100.00 during the Asian hours on Thursday.
US Dollar Index
Fxstreet
Thu, Jun 11
Dow Jones Industrial Average finds out the ceasefire was load-bearing
The Dow Jones Industrial Average (DJIA) fell about 1.2% on Wednesday, a near 600-point slide that settled just under 50,250 after tagging session lows around 50,150.
US30
Fxstreet
Wed, Jun 10
US Dollar: Uptrend seen intact into FOMC – TD Securities
TD Securities strategists note that a softer United States (US) core Consumer Price Index (CPI) print triggered only modest US Dollar (USD) weakness. They argue the broad USD uptrend remains in place, supported by strong payrolls and geopolitical tensions.
US Dollar Index
Fxstreet
Wed, Jun 10
US Dollar: Upside risks persist on sticky inflation – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes that the US Dollar retains upside risk as US inflation is expected to heat up in May and the disinflation trend has stalled.
US Dollar Index
Fxstreet
Wed, Jun 10
US Dollar: AI-driven inflows support Dollar – Commerzbank
Commerzbank’s Volkmar Baur argues that a major US technology IPO could generate sizeable foreign capital inflows, supporting the US Dollar, particularly against the Euro.
US Dollar Index
Fxstreet
Wed, Jun 10
US Dollar: Core CPI focus keeps DXY supported – ING
ING’s Chris Turner notes the Dollar is holding recent gains as markets await the US May CPI report, with expectations that firm core inflation will keep Federal Reserve hike pricing alive into December.
US Dollar Index
Fxstreet
Wed, Jun 10
Dow Jones futures decline ahead of US inflation data
Dow Jones futures lose 0.30%, trading near 50,750 during the European hours on Wednesday, ahead of the US regular opening. However, S&P 500 futures fall 0.40% to near 7,360, and Nasdaq 100 futures decline 0.61%, trading near 28,950 at the time of writing.
US30
NAS100
SPX500
Fxstreet
Wed, Jun 10
US Dollar Index Price Forecast: Faces selling pressure ahead of US CPI data
The US Dollar (USD) is under pressure against its major currency peers during the European trading session on Wednesday. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, is down 0.1% to near 99.90.
US Dollar Index
Fxstreet
Wed, Jun 10
US Dollar Index: CPI and geopolitics underpin strength – MUFG
MUFG’s Lloyd Chan highlights that a potentially hotter US CPI print could reinforce expectations of higher-for-longer US interest rates, underpinning broad US Dollar strength.
US Dollar Index
Fxstreet
Wed, Jun 10
United States Dollar Index posts modest gains to near 100.00 amid rising Middle East tensions
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 100.00 during the Asian trading hours on Wednesday.
US Dollar Index
Fxstreet
Wed, Jun 10
United States Dollar Index rebounds as Middle East peace hopes fade, US inflation data eyed
The United States Dollar Index (DXY) trims earlier losses on Tuesday as traders swing between optimism and caution over a potential US-Iran deal.
US Dollar Index
Fxstreet
Tue, Jun 9
Dow Jones Industrial Average futures round-trip rally as chip bounce fades into CPI
The Dow Jones Industrial Average (DJIA) spent Tuesday proving that a one-day bounce is not the same as a bottom.
US30
Fxstreet
Tue, Jun 9
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