The US Dollar (USD) trades broadly steady on Tuesday, a big day in terms of US economic data and comments from Federal Reserve (Fed) policymakers ahead of the US Juneteenth public holiday on Wednesday.
The Greenback gave away part of its recent advance despite the rebound in US yields in response to an improvement in the broad risk appetite trends and somewhat easing political jitters in Europe.
The Dow Jones Industrial Average (DJIA) found thin gains on Monday, climbing four-tenths of a percent as investors recover balance and resume the long wait for rate cuts from the Federal Reserve (Fed).
On Monday, the US Dollar Index (DXY) experienced some pullback but maintained overall strength.
The US Dollar (USD) and the Pound Sterling (GBP) gain momentum while the Euro (EUR) and the Japanese Yen (JPY) lose track, strategists at Rabobank note.
Global carry trade withers away leaving markets cling to the US Dollar as the best hedge to rising risks, TDS strategists note.
The US Dollar (USD) trades broadly steady on Monday as risk aversion prevails in markets amid the French political uncertainty. President Emmanuel Macron’s decision to call for snap legislative elections and the possibility of a far-right-dominated
The Dow Jones Industrial Average (DJIA) climbed from an early low on Friday, but sill traded on the low side of Thursday’s closing bids after getting knocked further back during the overnight session.
On Friday, the US Dollar Index (DXY) shrugged off weak data releases and continued its positive traction.
The US Dollar (USD) rallies on Friday as traders flee out of the Japanese Yen (JPY) and the Euro (EUR). The renewed strength in the Greenback comes as sovereign bond yields in some countries in the Eurozone, particularly France, are spiking on the
The Dow Jones Industrial Average (DJIA) tumbled another 150-plus points on Thursday after US data hinted at a further contraction of the overall economy, briefly sparking risk-off bids into the US Dollar (USD) and forcing Treasury yields lower alongside equity indexes.
On Thursday, the US Dollar Index (DXY) continued its positive momentum, extending its recovery into Thursday's session above 105.00.
The US Dollar (USD) trades overall in the green against most peers on Thursday, posting only slight gains, making the US Dollar Index (DXY) trade in a very narrow range.
The Dow Jones soared over 350 points in early Wednesday trading after US Consumer Price Index (CPI) inflation receded faster than expected, but investors are pulling back ahead of the Federal Reserve’s (Fed) latest rate call that will bring a hotly-anticipated update to the Fed’s “dot plot” of Interest Rate Expectations.
On Wednesday, the US Dollar Index (DXY) saw a downward trend following the release of US Consumer Price Index (CPI) data and ahead of the Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) decision.
The US Dollar (USD) trades nearly flat in Wednesday’s European session and holds above the 105.00 level ahead of two key economic events: the US Consumer Price Index (CPI) release for May and the US Federal Reserve (Fed) interest rate decision.
The Dow Jones Industrial Average (DJIA) is struggling under the weight of investor trepidation ahead of Wednesday’s key Federal Reserve (Fed) outing.
On Tuesday, the US Dollar Index (DXY) saw an upward trend toward the 105.36 area.
The US Dollar (USD) trades flat, just above 105.00 on Tuesday, and is unlikely to move away in the coming hours unless something pivotal occurs. Despite its gains from Monday, after French President Emmanuel
The Dow Jones Industrial Average (DJIA) is churning chart paper on Monday, paddling around 38,750.00 as investors look for a reason to recover footing after last Friday’s Nonfarm Payrolls (NFP) rout that saw broad-market rate cut hopes wither on the vine.
On Monday, the US Dollar Index (DXY) saw a hike, moving further up toward the 105.23 area, following the streak from Friday's rally.
The US Dollar (USD) edges higher and extends its rally on Monday following upbeat May Nonfarm Payrolls data on Friday.
The Dow Jones Industrial Average (DJIA) shrugged off a forecast-thumping Nonfarm Payrolls (NFP) print on Friday, climbing into a brief 0.2% gain through the US market session before slumping back to the day’s opening bids after a reactionary tumble to better-than-expected jobs additions in May.
On Friday, the US Dollar Index (DXY) expanded its winning streak following stronger-than-forecasted labor market data.
The US Dollar (USD) edges lower on Friday but manages to hold above the 104.00 level ahead of the US Nonfarm Payrolls data for May.
The Down Jones Industrial Average (DJIA) stuck firmly to midrange bets on Thursday as investors knuckle down for the wait to Friday’s US Nonfarm Payrolls (NFP) print.
The US Dollar (USD) edges lower on Thursday as markets brace for the European Central Bank (ECB) policy decision. The ECB is set to make its first rate cut after its hiking cycle started post-pandemic to tame inflation, with traders looking for clues on
The Dow Jones Industrial Average (DJIA) is treading water on Wednesday, grappling with 38,750.00.
On Wednesday, the US Dollar Index (DXY) extended its gains despite mixed signals about the US economy.
The US Dollar (USD) edges higher for a second day on Wednesday, with the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, still negative in the week after Monday’s meltdown.