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US Dollar Index holds steady below 98.00 ahead of US CPI data
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a flat note around 97.85 during the Asian session on Thursday. Traders brace for the US Consumer Price Index (CPI) for August later on Thursday for fresh impetus.Fxstreet
16 hours ago
Dow Jones Industrial Average misses out on post-PPI rally, declines over 200 points
The Dow Jones Industrial Average (DJIA) missed the mark on Wednesday, shedding over 200 points from the open. US Producer Price Index (PPI) inflation came in below expectations, bolstering bets of interest rate cuts from the Federal Reserve (Fed) next week.Fxstreet
Wed, Sep 10
USD, yields rebound despite steep US jobs revision – BBH
USD and 2-year Treasury yields rebounded yesterday despite confirmation of a sharp slowdown in US labor demand. The Bureau of Labor Statistics (BLS) preliminary benchmark revisions to net payroll growth was larger than expected.Fxstreet
Wed, Sep 10
Dow Jones futures move little ahead of US PPI inflation
Dow Jones futures are steady, edging down 0.04% to trade around 45,700 during European hours on Wednesday, ahead of the United States (US) market open. However, the S&P 500 futures advance 0.20% to trade near 6,550, while Nasdaq 100 futures climb 0.28% to trade near 23,950.Fxstreet
Wed, Sep 10
Euronext Expands Amsterdam's AEX Index To 30 Constituents As Of Sept. 22
Sept 9 (Reuters) - Euronext ENX.PA on Tuesday announced quarterly review of the AEX family indices, effective from September 22. AEX .AEXInclusion of:Exclusion of:CVC CAPITAL PARTNERS-INPOST-JDE PEET'S-JUST EAT TAKEAWAY-WDP- AMX .AMXInclusion of:Exclusion of:AMGCVC CAPITAL PARTNERSFLOW TRADE...Reuters
Tue, Sep 9
USD: Focus on payroll revisions – ING
The most recent leg of the dollar bear trend has been triggered by the soft US labour market. July and August NFP data have forced the Fed to reassess its assumption of a 'solid' labour market, and the Fed looks set to restart its easing cycle next week, ING's FX analyst Chris Turner notes.Fxstreet
Tue, Sep 9
Dow Jones futures inch higher due to rising odds of a bumper Fed rate cut
Dow Jones futures move little, edging up 0.05% to trade around 45,600 during European hours on Monday, ahead of the United States (US) market open. Meanwhile, the S&P 500 futures advance 0.13% to trade above 6,500, while Nasdaq 100 futures climb 0.23% to trade near 23,850.Fxstreet
Tue, Sep 9
US payrolls benchmark revision promises more excitement than usual – Commerzbank
There are two possible reasons for the rise in UST yields: 1) The supply of government bonds in Western countries has continued to rise in recent years, causing yields to rise. 2) The market expects the Fed to cut interest rates, thereby fuelling inflationary pressure and forcing it to raise interesFxstreet
Tue, Sep 9
US Dollar Index strives to gain ground near 97.30 ahead of US NFP benchmark revision data
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, strives for a firm footing during the European session on Tuesday after posting a fresh six-week low near 97.30 earlier in the day.Fxstreet
Tue, Sep 9
US Dollar Index softens below 97.50 as traders ramp up Fed rate cut bets
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, extends its downside to around 97.40 during the Asian session on Tuesday. The expectations of jumbo rate cuts by the US Federal Reserve (Fed) undermine the DXY.Fxstreet
Tue, Sep 9
