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Forex Today: US tariffs and Trump hurt the risk-linked sentiment
The Greenback rose to fresh tops on the back of the firm resurgence of the “Trump trade”, while investors warmed up for the release of US data and a slew of Fed speakers due later in the week.
EUR/USD
Fxstreet
Nov 11, 2024
US Dollar gains broadly with US inflation data in focus
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, is broadly gaining in Monday's session.
Fxstreet
Nov 11, 2024
Dow Jones Industrial Average rises over 300 points as equity jubilation continues
The Dow Jones Industrial Average (DJIA) lurched another 300-plus points higher on Monday, with equities on the climb in an extension of the bull run kicked off after last week’s Trump win at the election polls.
Fxstreet
Nov 11, 2024
US Dollar strengthens near four-month highs with US inflation in focus
The US Dollar (USD) starts the week on the front foot and strengthens on Monday, with the US Dollar Index (DXY) edging higher above the 105.00 level. The positive undertone for the Greenback is supported by the increasing likelihood that the
Fxstreet
Nov 11, 2024
DXY: 2-way risks persist – OCBC
The US Dollar (USD) saw a late comeback into Friday NY close as there appeared to be some disappointment with China stimulus.
Fxstreet
Nov 11, 2024
Dow Jones Industrial Average climbs as consumer sentiment improves
The Dow Jones Industrial Average (DJIA) rose into fresh all-time highs on Friday, clipping into 44,000 as stocks lean firmly bullish to close out a record week.
Fxstreet
Nov 8, 2024
US Dollar rises after UoM data
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, rose on Friday.
Fxstreet
Nov 8, 2024
DXY: Still 2-way trades on the day – OCBC
The US Dollar (USD) fell, alongside decline in UST yields. FX volatility eased further.
Fxstreet
Nov 8, 2024
US Dollar steadies after wild ride, with Powell shrugging off politics
The US Dollar (USD) stablizes around the mid-104.00 region on Friday after founding support as investors digest the Federal Reserve’s (Fed) decision to lower its monetary policy rate by 25 basis points to the 4.50%-4.75% range on Thursday.
Fxstreet
Nov 8, 2024
USD: This isn't a Trump trade rethink – ING
A large portion of the election move in the US Dollar (USD) has been unwound.
Fxstreet
Nov 8, 2024
How strong will the Trump Dollar be? – Commerzbank
The US Dollar may well appreciate somewhat further in the coming weeks and months once the consequences of Trump's election victory have been fully priced in, Commerzbank’s FX analyst Ulrich Leuchtmann notes.
Fxstreet
Nov 8, 2024
US Dollar declines on Fed rate cut, profit taking
US Dollar Index (DXY) declined marginally after the Federal Reserve's 25 basis point rate cut.
Fxstreet
Nov 7, 2024
US Dollar rebounds after Fed's 25 bps cut
The US Dollar Index (DXY) rebounded somewhat after the Federal Reserve (Fed) cut its benchmark interest rate by 25 basis points, bringing it to 4.50%-4.75%.
Fxstreet
Nov 7, 2024
Dow Jones Industrial Average treads water ahead of Fed rate call
The Dow Jones Industrial Average (DJIA) is trading in a tight range on Thursday, testing close to record highs set earlier this week near 43,800.
Fxstreet
Nov 7, 2024
US Dollar retreats from post-election rally as markets turn to Federal Reserve decision
The US Dollar (USD) is fading under profit-taking pressure on Thursday after the Greenback had its best performance in years in reaction to Donald Trump winning the US presidential election. Traders’ attention shifts now to the Federal Reserve (Fed),
Fxstreet
Nov 7, 2024
USD: Back to fundamentals for the US Dollar – ING
Betting markets currently give the Republicans a 93% chance of winning the House and therefore a clean sweep.
Fxstreet
Nov 7, 2024
DXY: Still 2-way trades – OCBC
USD broadly strengthened in the aftermath of Trump’s victory.
EUR/USD
Fxstreet
Nov 7, 2024
US Dollar hits four-month high on 2024 Trump election win
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, surged to a four-month high after former US President Donald Trump secured the necessary electoral votes to become the next US president.
Fxstreet
Nov 6, 2024
Dow Jones Industrial Average soars after US election
The Dow Jones Industrial Average (DJIA) surged to a fresh record on Wednesday, climbing into 43,600 after US presidential candidate looks set to sweep a victory away from Democratic nominee and current Vice President Kamala Harris.
Fxstreet
Nov 6, 2024
USD: A Republican clean sweep to fuel dollar strength, higher yields – MUFG
Former President Donald Trump is on his way to the White House again with remaining votes in Pennsylvania not enough to lead to Harris taking a state that is looking essential for a road to the White House for the Democrats.
Fxstreet
Nov 6, 2024
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