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US Dollar Index strengthens above 99.00 on robust US Retail Sales
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.15 during the early European session on Thursday. The weekly US Initial Jobless Claims report will be published later on Thursday.Fxstreet
Thu, Jan 15
USD: Soft core CPI eases tariff fears but Fed seen on hold – OCBC
December’s softer-than-expected US core CPI suggests tariff-driven inflation pressures may be fading, but shutdown-related distortions leave markets confident the Fed will hold rates steady in January, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.Fxstreet
Wed, Jan 14
US Dollar Index steadies above 99.00 ahead of Retail Sales, PPI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains in the previous session. The DXY hovers around 99.10 during the Asian hours on Wednesday.Fxstreet
Wed, Jan 14
US Dollar Index steadies near 99.00 as traders eye inflation data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains after registering modest losses in the previous session. The DXY is hovering around 99.00 during the early hours on Tuesday.Fxstreet
Tue, Jan 13
US Dollar Index pulls back as Powell probe revives Fed independence concerns
The US Dollar Index (DXY), a gauge of the Greenback’s performance against six major currencies, edges lower on Monday as growing concerns over the Federal Reserve's (Fed) independence weigh on sentiment. At the time of writing, DXY trades around 98.73, down nealy 0.41% on the day.Fxstreet
Mon, Jan 12
USD: Fed subpoenas target Powell over HQ renovations – ABN AMRO
The Federal Reserve (Fed) has received grand jury subpoenas from the Justice Department regarding Jerome Powell’s June congressional testimony about renovations at the Fed’s headquarters, ABN AMRO's Senior Economist Rogier Quaedvlieg reports.Fxstreet
Mon, Jan 12
Dollar slides as Powell faces DoJ subpoenas – ING
The US Dollar’s (USD) steady rise was disrupted after Fed Chair Jerome Powell revealed grand jury subpoenas from the Justice Department, raising fears over potential threats to the Fed’s independence and triggering a sell-off in equities, Treasuries, and the USD.Fxstreet
Mon, Jan 12
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