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Dow Jones Industrial Average trades steady post-Powell
The Dow Jones Industrial Average (DJIA) is mostly on balance on Tuesday, holding steady near 44,500 after Federal Reserve (Fed) Chair Jerome Powell signaled that the Fed is willing to wait as long as necessary to make sure the economy is stable and further progress on inflation will be made before cutting rates again.Fxstreet
Feb 11, 2025
USD mixed as markets digest latest tariff news – Scotiabank
Markets are having a relatively muted reaction to the latest round of tariff threats from President Trump—25% tariffs on all steel and aluminum imports, effective March 12th, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Feb 11, 2025
US Dollar steadies while Gold rallies on tariff talk
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, is broadly flat to a touch softer and trades around 108.00 at the time of writing on Monday after again a headline-filled weekend.Fxstreet
Feb 10, 2025
Dow Jones Industrial Average backslides on NFP Friday as consumer sentiment falls
The Dow Jones Industrial Average (DJIA) took a fresh beating on Friday after Nonfarm Payrolls (NFP) missed market forecasts, and the University of Michigan’s (UoM) Consumer Sentiment Index showed a sharp downturn in consumers’ overall economic outlook.Fxstreet
Feb 7, 2025
US Dollar bounces off support after softening stance from President Trump
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, ticks up in the European trading session on Thursday, trading slightly below 108.00 at the time of writing.Fxstreet
Feb 6, 2025
US Dollar extends correction as global trade war fears ease
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six major currencies, dives lower and trades near 107.50 at the time of writing on Wednesday ahead of the US Purchase Managers Index (PMI) releases from both S&P Global and the Institute for Supply Management (ISM).Fxstreet
Feb 5, 2025
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