News
Important Only
Dow Jones Industrial Average jumps on Wednesday, but gains remain limited
The Dow Jones Industrial Average (DJIA) found slim gains on Wednesday, gaining around 100 points from Tuesday’s close. The Dow is testing the 44,250 region as the major equity index rebounds from a near-term low after five straight sessions of declines last week.Fxstreet
4 hours ago
US Dollar Index (DXY) drifts lower to 98.50 amid speculation about the next Fed Chair
The US Dollar is trading lower on Wednesday, weighed by a combination of renewed stagflation concerns following weak US macroeconomic data and investors’ caution, awaiting Trump’s nominee for the Fed Chair.The US President narrowed down the number of candidates to four after the rejection of TreasurFxstreet
10 hours ago
Dow Jones futures rise ahead of upcoming corporate earnings reports
Dow Jones futures surge during early European hours, ahead of the market opening in the United States (US) on Wednesday, trading around 44,450, up by 0.51%. Meanwhile, S&P 500 futures advance by 0.47% to 6,350, and Nasdaq 100 futures appreciate 0.34% to trade above 23,200.Fxstreet
14 hours ago
US Dollar Index remains steady near 99.00 ahead of Fedspeaks
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after two days of slight gains and trading around 98.80 during the European hours on Wednesday.Fxstreet
15 hours ago
US Dollar Index posts modest gains above 98.50 as traders await Fed Governor replacement
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades with mild gains near 98.80 during the Asian trading hours on Wednesday.Fxstreet
20 hours ago
Dow Jones Industrial Average grapples with soft PMI print
The Dow Jones Industrial Average (DJIA) took a hit early Tuesday, declining after United States (US) ISM Purchasing Manager Index (PMI) figures for July came in below expectations, adding further downside pressure to already-battered investor sentiment.Fxstreet
Tue, Aug 5
USD: Risk-on mood and US data weigh on USD dynamics – BBH
US Dollar (USD) is hovering at the top-end of the range carved-out since Friday’s post-NFP low. US stocks are powering forward and dragging global equity markets higher. **Expectations of looser Fed policy and resilient global economic activity are fueling the stock market rally**.Fxstreet
Tue, Aug 5
US Dollar Index maintains position near 99.00 ahead of ISM PMI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground for the second successive day and trading around 98.80 during the European hours on Tuesday.Fxstreet
Tue, Aug 5
Dow Jones futures surge over potential for Fed rate cut, await US ISM PMI data
Dow Jones futures appreciate ahead of the US market opening on Tuesday, trading around 44,380, up by 0.17%, during early European hours. Meanwhile, S&P 500 futures surge by 0.25% to 6,370, and Nasdaq 100 futures advance 0.33% to trade above 23,300.Fxstreet
Tue, Aug 5
Dow Jones Industrial Average claws back ground after a week of declines
The Dow Jones Industrial Average (DJIA) bounced back on Monday, clawing back over 500 points and scrambling back over the 44,000 major handle as equity markets recovered their footing following last week’s late rout fueled by worse-than-expected hiring figures from the latest Nonfarm Payrolls (NFP)Fxstreet
Mon, Aug 4
USD recovery remains fragile as tariffs and economic risks mount – BBH
US Dollar (USD) and Treasury yields are steady just above Friday’s lows while US equity futures point to a modest rebound. Any USD recovery looks fragile in our view, and the broader downtrend should reassert itself, BBH FX analysts report.Fxstreet
Mon, Aug 4
