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US Dollar licks its wounds after one of worst weeks in over a year
The US Dollar (USD) is trading broadly flat on Monday after printing one of its worst weekly performances since June 2023. The US Dollar Index – which weighs the value of the US Dollar against a bucket of other currencies – shed 1.75% last week, withFxstreet
Aug 26, 2024
USD: Cautious Powell may give some help to the dollar – ING
The latest batch of US data has not firmly argued in favour of a 50bp Federal Reserve rate cut in September, and most FOMC members have also appeared to moderately push back against that prospect in recent off-meeting comments.Fxstreet
Aug 23, 2024
US Dollar flattens as markets turn all in about Fed rate cut
The US Dollar (USD) trades broadly flat after it saw heavy selling at the start of the US session on Wednesday, triggering another leg lower towards a fresh 2024 low. The Nonfarm Payrolls revision highlighted 818,000 fewer jobs than previously estimated,Fxstreet
Aug 22, 2024
US Dollar recovers slightly, bouncing off 2024 lows
The US Dollar (USD) is catching up again, trading in slightly positive territory on Wednesday, after three consecutive sessions of sharp drops. The bounce appears to be a pure technical one after the US Dollar Index (DXY) hit 101.30 in early Asian trading,Fxstreet
Aug 21, 2024
Dow Jones Industrial Average pulls flat after choppy Tuesday
The Dow Jones Industrial Average (DJIA) churned on Tuesday, eking out a fresh two-week high near the 41,000.00 handle but overall holding close to the day’s opening bids as markets shuffle in place with key activity data and major central bank appearances in the barrel this week.Fxstreet
Aug 20, 2024
US Dollar losses mount, almost erasing all 2024 gains in silent siege
The US Dollar (USD) extends losses on Tuesday after getting sucker-punched on Monday, with all eyes on the US Federal Reserve Jackson Hole Symposium in Wyoming, where Fed Chairman Jerome Powell is set to deliver a pivotal speech.Fxstreet
Aug 20, 2024
Forex Today: Attention shifts to Fedspeak ahead of Jackson Hole
The continuation of the selling pressure remained unchanged around the Greenback in the context of further improvement in the appetite for the risk-associated universe, all ahead of the release of the FOMC Minutes and the speech by Chief Powell at Jackson Hole.
Fxstreet
Aug 19, 2024
