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USD softer against most majors – Scotiabank
The USD is trading lower against the majority of its major currency peers so far today but the DXY is registering a small gain on the session, reflecting the underperforming EUR, which has slipped 0.2% to give the index a modest boost, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Aug 29, 2024
US Dollar consolidates ahead of key US economic data
The US Dollar (USD) trades broadly unchanged on Thursday, easing somewhat against most of its peers, failing to extend Wednesday’s gains. The USD faces two days of a busy US economic calendar, with some data having the potential to be market-Fxstreet
Aug 29, 2024
US Dollar benefits from mild risk-off mood ahead of Nvidia earnings
The US Dollar (USD) trades mixed again on Wednesday, with markets getting a bit nervous ahead of Nvidia Corp. (NVDA) earnings to be released after the US closing bell. Seeing the recent slowdown in some economic numbers and with the boomFxstreet
Aug 28, 2024
USD: Reaction to Powell looked a bit overdone from the start – ING
A round of risk aversion is hitting the FX market this morning as the Chinese earnings season has failed to offer any real support to Asian equities and the impact of Federal Reserve Chair Jay Powell’s speech on Friday wears off.Fxstreet
Aug 28, 2024
Dow Jones Industrial Average clips new record bids on thin Monday volumes
The Dow Jones Industrial Average (DJIA) slipped higher to test a new record high of 41,419.65 on Monday, but investors are still recovering from last Friday’s surge after the Federal Reserve (Fed) all but confirmed that a new rate-cutting cycle would kick off in September.Fxstreet
Aug 26, 2024
