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DXY: Likely be capped around 103.30 – DBS
This month’s recovery in the Dollar Index (DXY) from 101.2 will likely be capped around 103.30, DBS’ FX analyst Philip Wee notes.
Fxstreet
Oct 14, 2024
Dow Jones Industrial Average hits fresh record high after slack PPI print
The Dow Jones Industrial Average (DJIA) rose over 400 points bottom-to-top on Friday, bolstered into a fresh record high of 42,837 after US Producer Price Index (PPI) inflation figures cooled in September.
Fxstreet
Oct 11, 2024
US Dollar steady ahead of US PPI and Michigan release
The US Dollar (USD) stabilizes on Friday after a very solid rally this week, with the rate differential becoming the main driver. The question going forward for next week will be if this upward move in US Treasury rates was a bit overdone, seeing the US
Fxstreet
Oct 11, 2024
USD consolidates into PPI data – Scotiabank
The USD is consolidating this week’s gains after yesterday’s data reports interrupted its ascent, with the surprise rise in weekly claims offsetting and overshadowing slightly higher than expected CPI data, Scotiabank’s FX Chief FX Strategist Shaun Osborne notes.
Fxstreet
Oct 11, 2024
USD: Looking outside of the US – ING
The latest batch of US data has sent contrasting signals to the Federal Reserve and to the markets.
Fxstreet
Oct 11, 2024
Forex Today: Investors’ attention remains on US inflation
Sticky US CPI data and hawkish comments from Fed officials lent extra support to the Greenback on Thursday prior to the release of further inflation metrics at the end of the week.
EUR/USD
Fxstreet
Oct 10, 2024
Dow Jones Industrial Average churns the charts after hot CPI print
The Dow Jones Industrial Average (DJIA) pared back on some of the week’s earlier gains after US Consumer Price Index (CPI) inflation figures from September failed to meet market expectations.
Fxstreet
Oct 10, 2024
DXY: Watching the upcoming data – OCBC
The US Dollar (USD) inched higher overnight after FOMC minutes unveiled details of pushback at the September FOMC.
Fxstreet
Oct 10, 2024
USD mixed ahead of CPI – Scotiabank
The US Dollar (USD) is trading mixed ahead of the US CPI print, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Oct 10, 2024
US Dollar picks up steam and rallies higher ahead of US CPI data
The US Dollar (USD) rallies again this week, with traders sending US Treasury rates higher ahead of the United States (US) Consumer Price Index (CPI) data for September.
Fxstreet
Oct 10, 2024
The Dollar Index to ease back towards 102 – DBS
The USD’s near-term direction will hinge on US CPI tonight, especially after markets were wrong-footed by strength in non-farm payrolls, DBS’ FX analyst Philip Wee notes.
Fxstreet
Oct 10, 2024
USD: Sticky CPI should keep the dollar supported – ING
Reading through the September FOMC minutes, there seemed no sense of urgency from the Fed to get rates lower – even though it did cut by 50bp.
Fxstreet
Oct 10, 2024
Forex Today: US inflation data gathers all the looks
The Greenback rose further and reached new multi-week highs supported by higher yields and rising speculation of a 25 bps rate cut by the Fed in November, all ahead of the publication of the key US CPI on Thursday.
Fxstreet
Oct 9, 2024
US Dollar gains as markets adjust on rate cuts, FOMC Minutes
TheUS Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, is gaining against almost all of its competitors as markets assess the Federal Open Market Committee’s (FOMC) September Meeting Minutes.
Fxstreet
Oct 9, 2024
Dow Jones Industrial Average rises on Wednesday as stocks extend rebound
The Dow Jones Industrial Average (DJIA) rallied another 300 points on Wednesday, extending a bullish turnaround after an early-week decline that briefly dragged the major equity index back below 42,000.
Fxstreet
Oct 9, 2024
USD retains a firm undertone – Scotiabank
The US Dollar (USD) retains a firm undertone, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Oct 9, 2024
US Dollar flirts with fresh September high ahead of FOMC Minutes
The US Dollar (USD) is tying up with gains again with markets still having concerns over China. Recent Chinese data released on domestic activity during the Golden Week revealed that there has been less spending as anticipated. This keeps concerns on
Fxstreet
Oct 9, 2024
USD: Awaiting the Fed minutes – ING
The US Dollar (USD) is staying relatively bid as the market digests the factors that have driven it 2% higher this month.
Fxstreet
Oct 9, 2024
Sentiment-driven and volatile amid competing cross currents – DBS
The Dollar Index (DXY) ended Tuesday barely changed at 102.54 after trading below and above Monday’s range of 102.37-102.62, DBS’ FX strategist Philip Wee notes.
Fxstreet
Oct 9, 2024
US Dollar falls flat on quiet Tuesday
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, remains flat on Tuesday.
Fxstreet
Oct 8, 2024
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