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US Dollar retreats with French yields pushing Euro higher
The US Dollar (USD) trades softer on Friday on the back of concerns over Europe, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, extending this week’s decline and falling below the 106.00 level.Fxstreet
Fri, Nov 29
US Dollar Index drops below 106.00 as Treasury yields continue to depreciate
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other major currencies, falls below 106.00 during the Asian hours on Friday, with 2-year and 10-year bond yields standing at 4.21% and 4.23%, respectively, at the time of writing.Fxstreet
Fri, Nov 29
US Dollar steady with Thanksgiving underway
The US Dollar (USD) trades overall marginally higher against most major pairs on Thursday, with the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, bouncing back above 106.00 after a sharp sell-off the prior day, in what is expected to be a very calm remaining two trading days for the week with Thanksgiving and Black Friday taking place.Fxstreet
Thu, Nov 28
US Dollar retreats after GDP, PCE data meets forecast
In Wednesday’s session, the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, ticked 1% lower as markets assess the release of high-tier economic data including a Personal Consumption Expenditures (PCE) reading, the Federal Reserve’s (Fed) preferred gauge of inflation.Fxstreet
Wed, Nov 27
USD: Firm data reports today may provide a boost – Scotiabank
The US Dollar (USD) retains something of a softer undertone as the postelection rally ebbs a little (and continues to closely track the post-election pattern of trade from 2016), Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Wed, Nov 27
US Dollar extends correction amid condensed bulk economic data release ahead of Thanksgiving
The US Dollar (USD) trades softer against most major peers in the currency markets, with the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, extending this week’s correction and falling below the 106.50 level.Fxstreet
Wed, Nov 27
US Dollar chokeholds markets after Trump hits neighbouring countries with surprise tariffs
The US Dollar (USD) rolls through markets on Tuesday after President-elect Donald Trump communicated on his social media channel that his government will issue an additional 25% tariff on imports from Canada and Mexico, with an additional 10% to the 60% already announced during his election campaign on Chinese goods.Fxstreet
Tue, Nov 26
