News
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USD: All eyes on Powell at 16:00 CET – ING
The dollar is doing a little better as investors re-adjust their pricing for the 17 September FOMC meeting. 10 days ago, the market priced a 27bp rate cut. Today, just an 18bp cut is priced in. This adjustment has provided a little support to the dollar.Fxstreet
16 hours ago
Dow Jones futures move little amid market caution ahead of Fed Powell’s address
Dow Jones futures steady around 44,850 during early European hours on Friday, ahead of the opening of the United States (US) regular markets. However, the S&P 500 futures decline by 0.12% to trade around 6,380, and the Nasdaq 100 futures fall by 0.29%, trading around 23,150.Fxstreet
19 hours ago
USD: FOMC minutes were old news – ING
The dollar is little changed after last night's release of the FOMC minutes for July. That FOMC meeting was held before the release of the July jobs data – meaning that all the references to a 'solid' jobs market in those minutes are now under scrutiny, ING's FX analyst Chris Turner notes.Fxstreet
Thu, Aug 21
Dow Jones futures decline as AI rally falters, Walmart earnings in focus
Dow Jones futures fall by 0.11%, trading around 44,950, along with the S&P 500 futures and Nasdaq 100 futures steady around 6,400 and 23,300, respectively, during European hours on Thursday ahead of the opening of the North American session.Fxstreet
Thu, Aug 21
USD: Going up is harder than going down – Commerzbank
Hardly anyone will be interested in what the minutes of the last FOMC meeting at the end of July reveal this evening. The decisive factor for the market will be what Fed Chairman Jerome Powell says in his speech on Friday at the conference in Jackson Hole, which begins tomorrow.Fxstreet
Wed, Aug 20
UK CPI Rises to 18-Month High — Rate Cut Bets Plunge
TradingKey - Inflationary pressures are heating up once again in the UK. Data released on Wednesday showed that the Consumer Prices Index (CPI) rose 3.8% year-on-year in July, up from 3.6% in June and marking the highest level since January 2024 — an 18-month high.TradingKey
Wed, Aug 20
DXY: Sideways trading on the daily charts – OCBC
US Dollar (USD) continued to inch higher against most currencies overnight in quiet trading as markets stay sidelined, waiting for Powell’s speech at Jackson Hole. DXY was last at 98.33 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Wed, Aug 20
Dow Jones futures slip ahead of retailers’ report, FOMC Minutes
Dow Jones futures decline during European trading on Wednesday, ahead of the opening of North American markets, trading below 44,900, down by 0.23%. Moreover, S&P 500 futures fall 0.23% to trade near 6,400, while Nasdaq 100 futures depreciate by 0.31%, trading near 23,400.Fxstreet
Wed, Aug 20
