News
Important Only
USD edges higher on Waller comment, more losses ahead – Scotiabank
The US Dollar (USD) is tracking a little higher into the end of the week after finding a little support overnight on comments from Fed Governor Waller, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Aug 29
Dow Jones Industrial Average middles ahead of key inflation report
The Dow Jones Industrial Average (DJIA) ground to a halt on Thursday, stuck near the 45,500 region as investors await the latest batch of United States (US) Personal Consumption Expenditures Price Index (PCE) inflation data, due on Friday.Fxstreet
Thu, Aug 28
USD softer but broader consolidation extends – Scotiabank
The US Dollar (USD) has spent most of August range trading between 97.50/75 and the upper 98 region in DXY terms and so it continues as month end approaches, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Thu, Aug 28
USD: Choppy month-end conditions – ING
Having been a little bid early yesterday, the dollar has come back broadly offered. Short-dated US yields remain near their recent lows, and most would conclude that this week's removal of the Fed's Lisa Cook by President Trump is dollar-negative.Fxstreet
Thu, Aug 28
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
Wed, Aug 27
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
Wed, Aug 27
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
Wed, Aug 27
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
Wed, Aug 27
