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S&P 500: Fresh records with easing stagflation fears – Deutsche Bank
Deutsche Bank analysts note that the S&P 500 has reached new record highs as stagflation fears eased on lower Oil prices and optimism over a US-Iran deal. The index gained 1.43% last week, marking a ninth consecutive weekly advance, the longest streak since 2023.Fxstreet
Mon, Jun 1
United States Dollar Index gathers strength above 99.00 on US-Iran truce deal uncertainty
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 99.05 during the Asian trading hours on Monday. The DXY holds positive ground surrounding the US-Iran peace deal.Fxstreet
Mon, Jun 1
Dow Jones Industrial Average buys the Iran deal Trump described, not the one being negotiated
The Dow Jones Industrial Average (DJIA) punched out a fresh intraday record near 51,050 with the bid traceable to a Truth Social post in which President Donald Trump declared he would be in the Situation Room making a "final determination" on the US-Iran agreement and laid out terms that sounded susFxstreet
Fri, May 29
United States Dollar Index strengthens as US and Iran agree to 60-day truce, Trump yet to approve
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 99.00 during the Asian trading hours on Friday.Fxstreet
Fri, May 29
Dow Jones Industrial Average brings up the rear as markets price an unsigned Iran truce
The Dow Jones Industrial Average (DJIA) sat a hair higher into the New York afternoon, up roughly 0.10% on the day, which sounds respectable until you look sideways at the S&P 500 (+0.55%) and the Nasdaq (+0.79%) and notice the blue chips spent the session bringing up the rear.Fxstreet
Thu, May 28
United States Dollar Index trims gains after Axios reports preliminary US-Iran truce deal
The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, trims earlier gains on Thursday as traders react to fresh geopolitical headlines surrounding US-Iran negotiations.Fxstreet
Thu, May 28
US Dollar: Upside risks build with Middle East tensions – MUFG
MUFG’s Derek Halpenny and Abdul-Ahad Lockhart highlight that renewed Middle East conflict risks and rising Oil prices are reinforcing upside risks for the Dollar. They note that higher energy costs are fuelling inflation concerns at the Federal Reserve, with officials turning more hawkish.Fxstreet
Thu, May 28
United States Dollar Index (DXY) Price Forecast: Sticks to gains above 99.00; US PCE eyed
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some follow-through buying for the third straight day and climbs to a fresh high since April 4, around the 99.54 area on Thursday.Fxstreet
Thu, May 28
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