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Dow Jones futures remains flat ahead of US CPI inflation data
Dow Jones futures are steady around 49,800 during the European hours on Tuesday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 decline 0.35% to near 7,410, and the Nasdaq 100 futures inch lower 0.77% toward 29,200.Fxstreet
Tue, May 12
US Dollar Index climbs above 98.00 amid deteriorating US-Iran peace optimism
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the second successive day and trading around 98.10 during Asian hours on Tuesday.Fxstreet
Tue, May 12
Forex Today: US Dollar steadies ahead of key US CPI data as markets monitor Iran tensions
The US Dollar Index (DXY) is holding firm near the 97.95 region as investors remain cautious despite some improvement in overall market sentiment and ongoing geopolitical tensions in the Middle East.Fxstreet
Mon, May 11
US Dollar Index: DXY trading in range as inflation eyed – ING
ING’s Chris Turner notes the Dollar has started the week slightly stronger as hopes for a Middle East ceasefire fade and Oil prices jump. He highlights US April Consumer Price Index (CPI) as the key release, with expectations for higher headline and core inflation.
Fxstreet
Mon, May 11
Dow Jones futures slip on fading Middle East peace hopes
Dow Jones futures lose 0.12%, trading near 49,630 during the early European hours on Monday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 decline 0.10% to near 7,410, and the Nasdaq 100 futures inch lower 0.06% toward 29,300.Fxstreet
Mon, May 11
Forecasting the upcoming week: US Dollar weakens ahead of key US CPI data and Fed speeches
The US Dollar Index (DXY) fell toward the 97.90 region on Friday, pressured by improving risk sentiment and easing safe-haven demand after reports suggested the United States (US) and Iran are still attempting to preserve a fragile ceasefire framework despite renewed military incidents in the MiddleFxstreet
Fri, May 8
Dow Jones Industrial Average edges higher on NFP beat as Iran reply awaited
Dow Jones Industrial Average (DJIA) futures clawed back ground on Friday, May 8, after Thursday's late-session selloff dragged the cash index toward 49,500. Overnight dealing through Asia and Europe held a tight range just above 49,600, with traders reluctant to commit ahead of the US jobs report.Fxstreet
Fri, May 8
United States Nonfarm Payrolls beat expectations: Why is the US Dollar weakening?
The United States (US) created 115K new jobs in April, much better than the 62K anticipated by markets. The unemployment rate in the same month was confirmed at 4.3%, as expected. The Nonfarm Payrolls (NFP) report came in better than anticipated, yet the US Dollar (USD) eased with the news.Fxstreet
Fri, May 8
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