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US Dollar Index hovers near fresh 25-month highs, 108.50, PCE Inflation awaited
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other major currencies, maintains its position near 108.50, the highest level not seen since November 2022.
Fxstreet
Fri, Dec 20
US Dollar eases after Fed signals fewer cuts, Trump factor surfaces
The US Dollar Index (DXY), which tracks the USD's value against a range of currencies, pulls back from its two-year peak following signals from the Federal Reserve (Fed) about fewer interest rate cuts in the future.
Fxstreet
Fri, Dec 20
US Dollar retreats after touching two-year high on hawkish Fed
The US Dollar retreats from a two-year high, a rally that was driven by the Fed signaling fewer interest-rate cuts ahead.
Fxstreet
Thu, Dec 19
Forex Today: Fed delivers hawkish cut, BoJ and BoE coming up next
What you need to take care of on Thursday, December 19: Financial markets spent most of the day in wait-and-see mode ahead of the Federal Reserve’s (Fed) monetary policy announcement.
Fxstreet
Wed, Dec 18
US Dollar drifts as Fed decision looms
The US Dollar Index, which measures the value of the USD against a basket of currencies, trades neutrally near the 107.00 mark on Wednesday as it consolidates ahead of the Federal Reserve (Fed) interest rate decision.
Fxstreet
Wed, Dec 18
US Dollar flattens ahead of last Fed meeting for 2024
The US Dollar (USD) consolidates on Wednesday, with the DXY Index hovering around 107.00, in the runup to the Federal Open Market Committee (FOMC) interest-rate decision.
Fxstreet
Wed, Dec 18
US Dollar Index drifts lower below 107.00 ahead of Fed rate decision
The US Dollar Index (DXY) trades with a mild negative bias near 106.85 during the early European trading hours on Wednesday.
Fxstreet
Wed, Dec 18
Dow Jones Industrial Average backslides 330 points on Tuesday
The Dow Jones Industrial Average (DJIA) shed another 300 points on Tuesday as losses accumulate in the key index and begin to gather speed.
Fxstreet
Tue, Dec 17
US Dollar sees upward momentum stall on mixed Retail Sales
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades with gains around 106.80 on Tuesday, as upward momentum stalls following November’s Retail Sales release.
Fxstreet
Tue, Dec 17
US Dollar ticks higher ahead of Retail Sales data as markets foresee shallower Fed easing cycle
The US Dollar (USD) trades in positive territory against most major peers in the G20 space on Tuesday, with the DXY Index holding above the 107.00 level. The Greenback is back in the graces of investors after the preliminary US Purchasing Managers
Fxstreet
Tue, Dec 17
US Dollar Index rebounds to near 107.00 as US Retail Sales data loom
The US Dollar Index (DXY) posts modest gains to around 106.90 against major currencies during the early European session on Tuesday.
Fxstreet
Tue, Dec 17
US Dollar holds steady as markets look to Fed decision
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades slightly lower on Monday after a string of data and headlines placed added attention on the upcoming Federal Reserve (Fed) rate decision.
Fxstreet
Mon, Dec 16
Dow Jones Industrial Average tepid as investors await Fed
The Dow Jones Industrial Average (DJIA) continues to churn on the low end of recent chart action, with the major equity index bogged down near 43,800.
Fxstreet
Mon, Dec 16
USD mixed but retains firm undertone – Scotiabank
The US Dollar (USD) squeezed out a sixth, if marginal, consecutive gain overall on Friday and the Dollar Index (DXY) is tracking marginally higher for a potential seventh to start the week off, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Mon, Dec 16
US Dollar mixed as PMI releases shake up markets
The US Dollar (USD) trades slightly lower on Monday after a string of data and headlines that took away the attention from the US Federal Reserve’s rate decision, which will be released later this week on Wednesday.
Fxstreet
Mon, Dec 16
US net debt is likely to continue to grow rapidly – Commerzbank
The US current account is in deficit because the US economy constantly imports more than it exports.
Fxstreet
Mon, Dec 16
DXY: Mixed ahead of Fed rate meeting – OCBC
US Dollar (USD) traded mixed this morning ahead of the much anticipated FOMC meeting this Thu (3am SGT).
Fxstreet
Mon, Dec 16
USD: Dollar holds gains – ING
It's Fed week, and the central bank is expected to cut its target policy band by 25bp to 4.25-4.50% on Wednesday.
Fxstreet
Mon, Dec 16
US Dollar holds its ground on quiet Friday
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades neutral on Friday with some minor gains in the US trading session.
Fxstreet
Fri, Dec 13
Dow Jones Industrial Average extends losses, sheds another 100 points
The Dow Jones Industrial Average (DJIA) softened during a sedate Friday session.
Fxstreet
Fri, Dec 13
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