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US Dollar touch softer ahead of crammed economic calendar
The US Dollar (USD) eases on Wednesday after surprise comments from US Federal Reserve Bank of Chicago President Austan Goolsbee in Sintra during the European Central Bank symposium.
Fxstreet
Jul 3, 2024
ADP Employment Change Preview: US private sector expected to add 160K new jobs in June
On Wednesday, the United States (US) Automatic Data Processing (ADP) Research Institute will release its monthly report on private sector job creation for June.
Fxstreet
Jul 3, 2024
Dow Jones Industrial Average flattens on Tuesday as markets await NFP
The Dow Jones Industrial Average (DJIA) churned close to flat on Monday, despite an overall uptick in investor risk appetite after Federal Reserve (Fed) officials gave a head-nod to easing inflation pressure in US economic data.
Fxstreet
Jul 2, 2024
US Dollar trims gains following Powell's inflation remarks
On Tuesday, the US Dollar, as per the DXY Index, showed a decrease in gains to hover near 105.70.
Fxstreet
Jul 2, 2024
USD: Markets price in macro versus Trump narrative – ING
With the exception of some strengthening in the euro and the Norwegian krone thanks to a post French-vote relief, the dollar has had a good start to the week.
Fxstreet
Jul 2, 2024
DXY: Consolidates in a 105.3-106.2 range – DBS
The Dollar Index (DXY) ended the first day of July at 105.82, slightly below Friday’s 105.87, senior FX strategist at DBS Philip Wee notes.
Fxstreet
Jul 2, 2024
Hawkish Sintra noises may be drowned out by the Treasury market – Societe Generale
When will the US Dollar's (USD) appeal fade? Not yet, as the US sucks up all the rest of the world’s savings, partly because the US is exceptional, and partly because it has marched to a different tune to the rest of us on its fiscal/monetary policy mix in recent years, FX strategist at Societe Generale Kit Juckes notes.
Fxstreet
Jul 2, 2024
US economic activity is a USD headwind – BBH
The US Dollar (USD) is firmer across the board and the US yield curve (10 minus 2-year Treasury yields) steepened, BBH strategists note.
Fxstreet
Jul 2, 2024
Dow Jones Industrial Average grinds flat on Monday after US data miss
The Dow Jones Industrial Average (DJIA) briefly rallied on Monday after a broad miss in key US data sparked a risk rally on renewed rate cut hopes.
Fxstreet
Jul 1, 2024
US Dollar stabilizes post ISM PMIs data
As the week begins, the US Dollar based on the DXY Index has cleared daily losses and currently sits near 105.90, following the recent ISM Manufacturing PMI figures.
Fxstreet
Jul 1, 2024
Dedollarisation: On a path to multipolar world – DBS
In the first half of 2024, the global financial landscape witnessed an increase in the momentum of dedollarisation.
Fxstreet
Jul 1, 2024
DXY: ISM and payrolls to drive the USD – OCBC
The start of the new quarter met with relative calm in FX markets as the US Dollar (USD) traded on the back foot, OCBC strategists Frances Cheung and Christopher Wong note.
EUR/USD
Fxstreet
Jul 1, 2024
USD: Data and politics drive the US Dollar – ING
The US macro story is increasingly pointing to a softening in the dollar.
Fxstreet
Jul 1, 2024
Dow Jones Industrial Average steepens Friday decline as risk appetite flounders
The Dow Jones Industrial Average (DJIA) briefly rallied to 39,440.00 early Friday after US Personal Consumption Expenditure Price Index (PCE) inflation figures printed as markets broadly expected.
Fxstreet
Jun 28, 2024
US Dollar gains cleared out post PCE data
The end of the week saw the US Dollar, as benchmarked by the DXY Index, settle near 105.80, after hitting a high of 106.13 earlier in the session.
Fxstreet
Jun 28, 2024
US Dollar sideways as Trump is on track and Yen retreated
The US Dollar (USD) is having difficulties in pricing in all events and elements that are moving in the markets. Traders are still digesting the Trump-Biden debate where nearly everyone saw former US President Donald Trump as the victor. Not much time
Fxstreet
Jun 28, 2024
DXY: All eyes on US Core PCE – OCBC
The Dollar Index (DXY) eased off recent highs, alongside the dip in UST yields, FX strategist at OCBC Christopher Wong notes.
Fxstreet
Jun 28, 2024
USD: Everyone expects a soft inflation number today – ING
There is a very strong consensus around a 0.1% month-on-month core PCE deflator for May today.
Fxstreet
Jun 28, 2024
US Dollar Index climbs to fresh two-month top ahead of the key US PCE data
The US Dollar (USD) attracts fresh buyers following the previous day's softer US macro data-inspired downfall and climbs to a fresh two-month peak during the Asian session on Friday.
Fxstreet
Jun 28, 2024
US Dollar Index finds footing in Thursday backslide but still lower on the day
The US Dollar Index (DXY) showed the Greenback giving a mixed performance on Thursday, testing into the low side after a mixed bag of US data figures but finding enough footing to limit losses.
Fxstreet
Jun 27, 2024
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