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USD retraces Jackson Hole losses as markets eye Europe risks – Scotiabank
The US Dollar (USD) is strengthening broadly and meaningfully against all of the G10 currencies as we head into Wednesday’s NA session, making notable gains and hitting fresh local highs against key currencies—most importantly the EUR.
Fxstreet
8 hours ago
USD: Risk of facing deeper Fed rate cuts – BBH
US Dollar (USD) is firmer across the board, though it continues to trade within this month’s narrow range. Nevertheless, political interference with the Fed’s independence and a dovish Fed will continue to undermine USD , BBH's FX analysts report.Fxstreet
8 hours ago
USD: Cook dismissal impact limited – ING
President Trump’s firing of Fed Governor Lisa Cook and the broad view that this marks further politicisation of the Fed are negative for the dollar. Yet, the FX reaction has been muted and may only play out in the longer run, likely for two reasons.Fxstreet
10 hours ago
Dow Jones futures steady as Nvidia earnings, AI stocks drive focus
Dow Jones futures remain steady near 45,500 during European hours on Wednesday, ahead of the opening of the United States (US) regular markets. Moreover, the S&P 500 futures and the Nasdaq 100 futures hold ground near 6,480 and 23,590, respectively.Fxstreet
11 hours ago
US Dollar Index steadies near 98.50 as yields, Fed concerns drive focus
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is steadying after recovering daily losses and trading around 98.40 during the European hours on Tuesday.Fxstreet
Tue, Aug 26
Dow Jones futures fall as traders adopt caution due to Fed independence concerns
Dow Jones futures fall by 28% to trade around 45,200 during European hours on Tuesday, ahead of the opening of the United States (US) regular markets. Moreover, the S&P 500 futures decline by 0.26% to trade below 6,450, and the Nasdaq 100 futures fall by 0.30%, trading around 23,400.Fxstreet
Tue, Aug 26
Markets quiet following Powell’s dovish Jackson Hole speech Friday – Scotiabank
The US Dollar (USD) is entering Monday’s NA session with broad—albeit minor—gains as it tries to claw back a portion of Friday’s Jackson Hole-driven decline, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Mon, Aug 25
USD: Open-ended again – Commerzbank
Chairman Powell managed to surprise the market on Friday after all, putting pressure on the US dollar. Expectations had been gradually scaled back over the previous week, allowing the US dollar to benefit. On Friday, EUR/USD even traded in the 1.15 range once again.Fxstreet
Mon, Aug 25
