News
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US Dollar Index (DXY) retakes the 99.00 level with Fed’s Powell on focus
The US Dollar has bounced up strongly from session lows at 98.65 area in Asia to resume its broader bullish trend, returning above the 99.00 level to test Wednesday’s highs at 99.06 at the early European session.The US Dollar Index, which measures the value of the USD against a basket of six majors,Fxstreet
Thu, Oct 9
US Dollar Index drifts lower below 99.00 as US government shutdown continues
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 negative note near 98.75 during the Asian trading hours on Thursday. The DXY edges lower amid US government shutdown concerns.Fxstreet
Thu, Oct 9
USD: Markets mark time ahead of delayed US jobs report – Commerzbank
With no major US data releases amid the government shutdown, markets remain subdued as investors await news on when the delayed September labor report will be published. While tonight’s FOMC minutes may shed light on internal divisions, they are unlikely to move the dollar.Fxstreet
Wed, Oct 8
USD: US story doesn't justify such a strong USD – ING
The dollar’s strong performance since the start of the week has largely stemmed from negative political developments weighing on the euro and yen. These two currencies make up 71% of the DXY index, which is now at its highest since early August, ING's FX analyst Francesco Pesole notes.Fxstreet
Wed, Oct 8
Dow Jones futures edge up ahead of FOMC Meeting Minutes
Dow Jones futures add 0.12% to trade above 46,900 during European hours on Wednesday, ahead of the regular session opening in the United States (US). The S&P 500 futures rise 0.17% to trade above 6,750, while Nasdaq 100 futures gain 0.21% to remain around 25,100.Fxstreet
Wed, Oct 8
US Dollar Index rises to near 99.00 due to safe-haven demand, FOMC Meeting Minutes eyed
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive day and trading around 98.90 during the Asian hours on Wednesday.Fxstreet
Wed, Oct 8
Dow Jones Industrial Average knocks lower as shutdown fears grow
The Dow Jones Industrial Average (DJIA) knocked lower on Tuesday, following the broader market into the low side. Investors are reconsidering their disregard for the US government shutdown that has dragged into its second week and shows no signs of resolution.Fxstreet
Tue, Oct 7
USD extending broad gains against G10 – Scotiabank
The US Dollar (USD) remains well supported with broad gains against all of the G10 currencies, building on Monday’s strength in an environment of elevated political uncertainty in the US and France, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Oct 7
Dow Jones futures struggle as US government shutdown continues
Dow Jones futures edge down by 0.24% to trade below 46,850 during European hours on Tuesday, ahead of the regular session opening in the United States (US). The S&P 500 futures decline 0.13% to remain below 6,800, while Nasdaq 100 futures fall 0.11% to trade around 25,150.Fxstreet
Tue, Oct 7
Dow Jones Industrial Average wobbles near record highs
The Dow Jones Industrial Average (DJIA) struggled to keep its footing on Monday, kicking off the new trading week opening at record highs above 46,800. The Dow slipped early on Monday after investors briefly showed frayed nerves, but general market sentiment continues to drift into the high side.Fxstreet
Mon, Oct 6
USD: Resilient, but still facing downside risks – ING
Weekend news suggests very little progress towards ending the US government shutdown, which means further delays in government-issued data. This will probably be another abnormal week in FX, with the pause in most data releases meaning an outsized focus on other macro news.Fxstreet
Mon, Oct 6
Dow Jones futures climb on rising odds of further Fed rate cuts
Dow Jones futures added 0.13% to trade around 47,100 during European hours on Monday, ahead of the regular session opening in the United States (US). The S&P 500 futures gain 0.27% to remain above 6,750, while Nasdaq 100 futures rise 0.45% to trade around 25,100.Fxstreet
Mon, Oct 6
US Dollar Index recovers some lost ground above 98.00 despite ongoing US government shutdown
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 98.05 during the Asian session on Monday.Fxstreet
Mon, Oct 6
Dow Jones Industrial Average rises 300 points on Friday
The Dow Jones Industrial Average (DJIA) caught a firm bid on Friday, rising 482 points, or 1.04%, bottom-to-top. The Dow briefly pierced the 47,000 major price handle for the first time ever, before easing back to a more sedate +300 points (0.65%) on the day.Fxstreet
Fri, Oct 3
