News&Analysis
USD: Ukraine news not boosting safe havens for now – ING
Global markets have been shaken by a sudden escalation in the Russia-Ukraine conflict after Ukraine used US-supplied long-range missiles for a strike in Russian territory and Moscow lowered the threshold for response using nuclear weapons.Fxstreet
22 hours ago
Dow Jones Industrial Average stumbles on Tuesday
The Dow Jones Industrial Average (DJIA) took a knee early Tuesday, backsliding to 42,850 during the early US market session after Russia lowered its threshold for nuclear weapon use after Ukraine deployed US-provided weapons within Russia’s borders.Fxstreet
Tue, Nov 19
USD mixed, havens in demand – Scotiabank
The US Dollar (USD) drifted a little lower in quiet trade to start the week yesterday but scope for significant USD losses is limited currently, not least because the rise in US term rates remains hugely USD-supportive, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Tue, Nov 19
US Dollar trades choppy as Russia-Ukraine concerns weigh on risk sentiment
The US Dollar (USD) is entering a choppy trading pattern on the back of headlines around Russian President Vladimir Putin having signed a decree that allows the use of nuclear weapons against a non-nuclear state if it is supported by nuclear powers.Fxstreet
Tue, Nov 19
US Dollar flat as geopolitical takes centre stage
The US Dollar (USD) consolidates on Monday after a very calm start of the week in the Asian session, with the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, slightly in the red near a fresh year-to-date high reached last Thursday above 106.50.Fxstreet
Mon, Nov 18
US Dollar retreats as traders opt to take profits following Trump trade rally
The US Dollar (USD) declines on Friday, breaking a streak of five trading days of gains, as traders engage in profit-taking after the Trump-led rally pushed the Greenback to reach on Thursday its highest level this 2024.Fxstreet
Fri, Nov 15