News
Important Only
Dow Jones Industrial Average surges higher after NFP jobs beat forecasts
The Dow Jones Industrial Average (DJIA) punched in firm gains on Thursday, testing its highest bids in five months after US Nonfarm Payrolls (NFP) showed more jobs were added in June on a seasonally-adjusted basis than markets feared.Fxstreet
Thu, Jul 3
USD little changed versus core majors ahead of NFP – Scotiabank
Markets are not quite at a standstill but they are not far off. The US Dollar (USD) is mixed against its major currency peers but movement is minimal among the core majors, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Thu, Jul 3
DXY: Eyes on payrolls, ISM services – OCBC
US Dollar (USD) traded mixed overnight, with losses seen vs. TWD, THB and precious metals but traded largely firmer against most currencies including GBP, AUD, NZD and MYR. DXY was last at 96.83 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Thu, Jul 3
USD: Too early to say we've reached 'peak bearishness' on the USD – ING
While forecasters are overwhelmingly bearish on the dollar now – and some are bearish on a multi-quarter basis too – one possible shoe still to drop is the possibility of early Fed rate cuts, ING's FX analyst Francesco Pesole notes.Fxstreet
Thu, Jul 3
US Dollar Index (DXY) languishes below 97.00 with all eyes on US payrolls data
The US Dollar Index (DXY), which measures the value of the Dollar against the world’s six most traded currencies, keeps wavering below the 97.00 area, unable to take off from multi-year lows, after having lost more than 2% during the last two weeks.Fxstreet
Thu, Jul 3
US Dollar Index edges lower below 97.00 on downbeat US job data, Fed rate cut bets
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, remains on the defensive near 96.70 during the early Asian session on Thursday.Fxstreet
Thu, Jul 3
Dow Jones Industrial Average churns amid Vietnam trade deal and sharp ADP jobs contraction
The Dow Jones Industrial Average (DJIA) tested the low side on Wednesday, knocking back the early week’s bullish tilt after ADP Employment Change figures widely missed the mark and came in well below forecasts.Fxstreet
Wed, Jul 2
US Dollar Index (DXY) trims losses following upbeat US data and returns to 96.50
The US Dollar is trading with a mild positive tone on Wednesday, supported by strong US jobs data and a moderate improvement in manufacturing activity that eases pressure on the Fed to cut interest rates.The US Dollar Index, which measures the value of the Greenback against the world’s most traded cFxstreet
Wed, Jul 2
US Dollar Index trades above 96.50, remains steady near three-year lows
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady and is trading around 96.70 during the Asian hours on Wednesday. Traders will likely observe the US ADP Employment Change report for June later in the day.Fxstreet
Wed, Jul 2
Dow Jones Industrial Average climbs as investors pivot away from tech
The Dow Jones Industrial Average (DJIA) rose to its highest levels in around five months on Tuesday, testing above 44,500 for the first time since early February. Equity markets were overall mixed, with declines in tech stocks keeping other major indexes under wraps.Fxstreet
Tue, Jul 1
USD: What comes after the weak start to the year? – Commerzbank
The euro gained 13.8% against the US dollar in the first six months of this year, marking the best start to a year against the greenback since its introduction. In the last three months alone, the euro gained 9%, representing one of its best quarters against the US dollar.Fxstreet
Tue, Jul 1
US Dollar Index (DXY) dives below 96.00 following upbeat Eurozone data
The US Dollar remains on the back foot on Tuesday, weighed by renewed concerns about the US fiscal health, growing trade uncertainty and investors’ bets on Fed cuts, as President Trump continues attacking the Fed Chair, Jerome Powell.In this context, the US Dollar Index (DXY) extended its decline fo
Fxstreet
Tue, Jul 1
