News
Important Only
Dow Jones Industrial Average climbs 100 points as bullish sentiment persists
US stocks extended their recent rally on Tuesday, with major indexes posting a fourth consecutive day of gains as investors continued to favor artificial intelligence–related names during a holiday-shortened trading week.Fxstreet
Tue, Dec 23
US Dollar Index (DXY) Price Forecast: Struggles around 100-day SMA; above mid-98.00s
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to build on last week's recovery from its lowest level since early August and trades with a mild negative bias during the early European session on Monday.Fxstreet
Mon, Dec 22
Forecasting the upcoming week: Winter Holiday blues after Central Banks’ frenzy
The US Dollar Index (DXY) is on a three-day winning streak, although gains are modest, the index is heading into the weekly close near the 98.60 price region, after a softer-than-expected United States (US) Consumer Price Index (CPI) was released on Thursday, briefly weighing on the US Dollar.Fxstreet
Fri, Dec 19
USD hits seven-day high, led by gains vs. JPY – BBH
US Dollar (USD) recovered to a seven-day high, outperforming mostly against Japanese Yen (JPY). We are sticking to our view that relative monetary policy remains a drag for USD. The Fed has room to deliver more rate cuts while most other major central banks are done easing.Fxstreet
Fri, Dec 19
USD stabilizes after initial CPI-driven drop – OCBC
US Dollar (USD) fell post CPI report but subsequently retraced losses as markets skepticisms about CPI report grew. DXY was last seen around 98.69 levels. Inflation eased unexpectedly in Nov, with headline and core CPI at 2.7% and 2.6% (vs. 3.1% and 3% expected) respectively.Fxstreet
Fri, Dec 19
USD holds firm despite soft November CPI – ING
The US Dollar (USD) is proving surprisingly resilient despite the release of a very soft US November CPI reading yesterday. It may be that the numbers seem too good to be true, which prevented a bigger reaction in FX and interest rate markets.Fxstreet
Fri, Dec 19
US Dollar strengthens aboove 98.50 despite cooling inflation data
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 near 98.55 during the early European trading hours on Friday. The DXY recovers some lost ground amid the cautious mood in the market.Fxstreet
Fri, Dec 19
USD holds firm as markets eye November CPI – BBH
The US Dollar (USD) steadied near yesterday’s highs as investors focus on today’s November CPI release. Fed Governor Waller’s dovish comments highlight that policy rates remain above neutral, keeping the door open for future easing despite sticky inflation around 3% y/y, BBH FX analysts report.Fxstreet
Thu, Dec 18
US Dollar Index steadies near 98.50 ahead of CPI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering little gains in the previous session and trading around 98.50 during the European hours on Thursday.Fxstreet
Thu, Dec 18
US Dollar Index (DXY) flat lines below mid-98.00s as traders await US inflation data
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to build on the previous day's modest recovery gains and oscillates in a narrow band during the Asian session on Thursday.Fxstreet
Thu, Dec 18
USD moderates after mixed double-NFP release – MUFG
A double-NFP data release always had the potential to fuel a spike in volatility and a shift in market pricing into year-end, but alas it was not to be with the data certainly indicating still weak labour market conditions, but just not weak enough to see global investors reconsider the current profFxstreet
Wed, Dec 17
USD bounces after hitting ten-week low – BBH
USD recovered strongly against all major currencies after hitting a ten-week low yesterday. Gold and crude oil prices got a modest boost after the US ratchet-up pressure on Venezuela. President Donald Trump ordered a total blockade of all sanctioned oil tankers going into and leaving Venezuela.Fxstreet
Wed, Dec 17
