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Dow Jones Industrial Average backslides despite flat PPI inflation as trade war ramps up
The Dow Jones Industrial Average (DJIA) fell some 550 points on Thursday, declining one and one-third of a percent after United States (US) President Donald Trump and his administration ramped up their trade war rhetoric.
Fxstreet
Thu, Mar 13
USD regains some ground – Scotiabank
The USD is tracking a little higher so far today but markets appear to be idling as investors await data and developments.
Fxstreet
Thu, Mar 13
US Dollar in choppy mode ahead of PPI and Jobless Claims data
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat on Thursday, above 103.70 at the time of writing. Markets await comments from US diplomats visiting Russia to convene over a ceasefire deal, which already bears the green
Fxstreet
Thu, Mar 13
USD: Risk sentiment softer again today – ING
The bond market had a counterintuitive reaction to yesterday’s cooler-than-expected core CPI data (0.2% MoM), with the Fed’s terminal rate pricing inching higher and Treasuries soft across the curve.
Fxstreet
Thu, Mar 13
US Dollar Index Price Forecast: Tests immediate support at 103.50 near four-month lows
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against its six major peers, remains steady after registering gains in the previous session, trading around 103.60 during the Asian hours on Thursday. However, the technical analysis of the daily chart indicates a...
Fxstreet
Thu, Mar 13
US Dollar holds steady after softer CPI data, markets weigh implications
The US Dollar steadies on Wednesday, with DXY hovering around 103.50 as traders digest the latest Consumer Price Index (CPI) data.
Fxstreet
Wed, Mar 12
Dow Jones Industrial Average sinks further despite upbeat CPI as trade fears resume
The Dow Jones is down around 150 points on Wednesday, bearing the brunt of broad-market trade war fears as the United States (US) imposes a global 25% tariff on all steel and aluminum imports into the US market.
Fxstreet
Wed, Mar 12
USD steadies, undertone remains weak – Scotiabank
The US Dollar (USD) is trading a little higher overall on the session, but gains are limited and price action suggests the DXY is consolidating recent losses, rather than reversing, at this point, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Wed, Mar 12
US Dollar braces for US CPI amidst geopolitical headlines
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat and stabilizes on Wednesday while traders await the United States (US) Consumer Price Index (CPI) release for February.
Fxstreet
Wed, Mar 12
USD: Room to rebound – ING
Global risk sentiment continued to sour yesterday as President Trump announced he’d double tariffs on Canadian steel and aluminum to 50%, and later pulled the threat as Ontario suspended a 25% surcharge on electricity exports.
Fxstreet
Wed, Mar 12
US Dollar Index Price Forecast: Key support level emerges near 103.00, oversold RSI condition eyed
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, recovers to near 103.55 after bouncing off four-month lows around 103.20. However, the upside for the index might be limited amid concerns mounted over a US slowdown and the imp
Fxstreet
Wed, Mar 12
US Dollar extends losses amid fresh trade tensions
The US Dollar (DXY) continues its downward spiral on Tuesday, with DXY hovering near 103.40 as trade tensions escalate.
Fxstreet
Tue, Mar 11
Dow Jones Industrial Average drops further as trade war heats up
The Dow Jones Industrial Average (DJIA) shed further weight on Tuesday, dropping nearly 700 points on the day, or 1.76% after United States (US) President Donald Trump vowed to heat up his own trade war with Canada.
Fxstreet
Tue, Mar 11
USD slide resumes after brief pause – Scotiabank
After a brief pause yesterday as stocks slumped, the US Dollar (USD) slide is resuming this morning as US growth concerns continue to weigh on sentiment.
Fxstreet
Tue, Mar 11
US Dollar hits a fresh four-month low on German spending deal optimism
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is eking out lows not seen since October 2024. The index trades above 103.50 at the time of writing on Tuesday. The Greenback faces
Fxstreet
Tue, Mar 11
S&P 500: Next potential supports are at 5520 and 5400/5370 – Société Générale
S&P 500 recently broke below the lower limit of its range since December confirming a short-term downtrend.
Fxstreet
Tue, Mar 11
DXY: Next potential supports are at 102.90/102.60 and 101.90 – Société Générale
The Dollar Index (DXY) has experienced a steady downtrend after facing strong resistance near 110.15 in January, Société Générale's FX analysts note.
Fxstreet
Tue, Mar 11
USD: Investor worries on US grow – ING
The week has started with more risk off, with the S&P500 losing more than 2.5% on Monday.
Fxstreet
Tue, Mar 11
US Dollar Index (DXY) hangs near multi-month low, seems vulnerable above mid-103.00s
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on the previous day's modest gains and attracts fresh sellers during the Asian session on Tuesday.
Fxstreet
Tue, Mar 11
US Dollar muted as Nasdaq tumbles ahead of CPI data
The US Dollar (USD) remains under pressure on Monday, with DXY hovering around 103.95, struggling to find traction after last week's steep decline.
Fxstreet
Mon, Mar 10
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