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USD: Fed Chair nominee could be announced soon – ING
A few headlines emerged from President Trump’s CNBC interview yesterday. First, Treasury Secretary Scott Bessent is off the shortlist to replace Federal Reserve Chair Jay Powell.
Fxstreet
Wed, Aug 6
USD struggles near post-NFP lows – BBH
US Dollar (USD) is trading at the lower-end of the tight range carved-out since Friday’s post-NFP low, BBH FX analysts report.
Fxstreet
Wed, Aug 6
DXY: Consolidation expected in the interim – OCBC
US Dollar (USD) consolidated near post-NFP lows. DXY was last at 98.80, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Wed, Aug 6
Dow Jones futures rise ahead of upcoming corporate earnings reports
Dow Jones futures surge during early European hours, ahead of the market opening in the United States (US) on Wednesday, trading around 44,450, up by 0.51%. Meanwhile, S&P 500 futures advance by 0.47% to 6,350, and Nasdaq 100 futures appreciate 0.34% to trade above 23,200.
Fxstreet
Wed, Aug 6
US Dollar Index remains steady near 99.00 ahead of Fedspeaks
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after two days of slight gains and trading around 98.80 during the European hours on Wednesday.
Fxstreet
Wed, Aug 6
US Dollar Index posts modest gains above 98.50 as traders await Fed Governor replacement
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades with mild gains near 98.80 during the Asian trading hours on Wednesday.
Fxstreet
Wed, Aug 6
Dow Jones Industrial Average grapples with soft PMI print
The Dow Jones Industrial Average (DJIA) took a hit early Tuesday, declining after United States (US) ISM Purchasing Manager Index (PMI) figures for July came in below expectations, adding further downside pressure to already-battered investor sentiment.
Fxstreet
Tue, Aug 5
US Dollar Index consolidates above 98.50 amid mixed US PMI signals
The US Dollar Index (DXY), which measures the value of the Greenback against a basket of six major currencies, is holding steady above the 98.50 mark, showing limited movement after Friday’s sharp drop.
Fxstreet
Tue, Aug 5
USD: Spanner in the works – Commerzbank
The US labor market report for July has thrown a spanner in the works, dashing my speculation that the Fed might not cut interest rates in September after all. Now it looks more likely than ever.
Fxstreet
Tue, Aug 5
USD: Risk-on mood and US data weigh on USD dynamics – BBH
US Dollar (USD) is hovering at the top-end of the range carved-out since Friday’s post-NFP low. US stocks are powering forward and dragging global equity markets higher. **Expectations of looser Fed policy and resilient global economic activity are fueling the stock market rally**.
Fxstreet
Tue, Aug 5
DXY: Range-bound on the day – OCBC
US Dollar (USD) traded subdued overnight as markets await data and Fedspeaks this week. DXY was last at 99.01, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Tue, Aug 5
US Dollar Index maintains position near 99.00 ahead of ISM PMI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground for the second successive day and trading around 98.80 during the European hours on Tuesday.
Fxstreet
Tue, Aug 5
Dow Jones futures surge over potential for Fed rate cut, await US ISM PMI data
Dow Jones futures appreciate ahead of the US market opening on Tuesday, trading around 44,380, up by 0.17%, during early European hours. Meanwhile, S&P 500 futures surge by 0.25% to 6,370, and Nasdaq 100 futures advance 0.33% to trade above 23,300.
Fxstreet
Tue, Aug 5
US Dollar Index softens to below 99.00, US ISM Services PMI data in focus
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 around 98.70 during the early Asian session on Tuesday.
Fxstreet
Tue, Aug 5
Dow Jones Industrial Average claws back ground after a week of declines
The Dow Jones Industrial Average (DJIA) bounced back on Monday, clawing back over 500 points and scrambling back over the 44,000 major handle as equity markets recovered their footing following last week’s late rout fueled by worse-than-expected hiring figures from the latest Nonfarm Payrolls (NFP)
Fxstreet
Mon, Aug 4
USD recovery remains fragile as tariffs and economic risks mount – BBH
US Dollar (USD) and Treasury yields are steady just above Friday’s lows while US equity futures point to a modest rebound. Any USD recovery looks fragile in our view, and the broader downtrend should reassert itself, BBH FX analysts report.
Fxstreet
Mon, Aug 4
USD: Fed back in focus this week – ING
Friday's soft jobs report knocked the stuffing out of the dollar's rally. Investors now attach an 80% probability to a 25bp rate cut from the Federal Reserve in September, ING's FX analyst Chris Turner notes.
Fxstreet
Mon, Aug 4
US Dollar Index (DXY) hesitates below 98.50 following Friday’s sell-off
The US Dollar is trimming some losses on Monday, as the market assimilates Friday’s downbeat employment figures, but remains capped below 98.50, well below last week’s highs near the 100.00 psychological levels.The Dollar depreciated 1.6% on Friday, after data from the US Labour Department showed th
Fxstreet
Mon, Aug 4
Dow Jones futures rally as sentiment stabilizes due to dovish tone surrounding Fed outlook
Dow Jones futures advance ahead of the US market opening on Monday, trading around 44,900, up by 0.46%, during European hours. Meanwhile, S&P 500 futures surge by 0.55% to near 6,300, and Nasdaq 100 futures appreciate 0.68% to trade above 23,000.
Fxstreet
Mon, Aug 4
US Dollar Index remains above 98.50, concerns rise as Trump dismisses BLS Commissioner
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding its position after registering around 1.5% losses in the previous session. The DXY is trading around 98.70 during the Asian hours on Monday.
Fxstreet
Mon, Aug 4
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