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US Dollar edges higher as markets brace for geopolitical, tariff uncertainty
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, extends recovery and trades around 104.00 at the time of writing on Friday, trying to break out higher.Fxstreet
Fri, Mar 21
US Dollar stronger on Fed keeping its projections for 2025
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, rallies towards 104.00 on Thursday after the Federal Reserve (Fed) kept borrowing costs unchanged and projected two interest rate cuts for 2025. During Wednesday’s Fed meeting, Chairman...Fxstreet
Thu, Mar 20
US Dollar Index Price Forecast: Bearish outlook remains in play near 103.50
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades in positive territory near 103.50 during the early European session on Thursday.Fxstreet
Thu, Mar 20
Dow Jones Industrial Average rebounds after Fed holds the line
The Dow Jones Industrial Average (DJIA) gained ground on Wednesday, adding around 540 points at its peaks with equities climbing higher after the Federal Reserve (Fed) gave a nod to still expecting around two rate cuts through the remainder of the year.Fxstreet
Wed, Mar 19
US Dollar strengthens as Fed maintains rates and signals cautious policy path
The US Dollar Index (DXY) is gaining traction near 104.00 after the Federal Reserve decided to keep its benchmark interest rate at 4.5%, maintaining a cautious stance amid evolving inflation and economic conditions.Fxstreet
Wed, Mar 19
US Dollar strengthens ahead of Fed decision
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, ticks up and recovers above 103.50 at the time of writing on Wednesday as the US Dollar (USD) strengthens against most major currencies.Fxstreet
Wed, Mar 19
USD: Fed may defy dovish bets for now – ING
The US Dollar (USD) enters FOMC day with a good deal of bearish momentum. Despite Treasury Secretary Scott Bessent’s attempts to quell recessionary fears, high-frequency indicators have kept pointing down and still favour a rotation away from US assets. The latest Fund Manager Survey from Bank...Fxstreet
Wed, Mar 19
US Dollar Index Price Forecast: Remains bearish near 103.50 despite recent recovery
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, attracts some buyers to around 103.50 during the early European session on Wednesday.Fxstreet
Wed, Mar 19
Dow Jones Industrial Average slips once again as US stocks ease
The Dow Jones Industrial Average (DJIA) pulled back around 300 points on Wednesday, snapping a two-day win streak and pushing back into the low side as equities remain unable to find a consistent reason to pivot confidently out of a recent downturn sparked by ongoing geopolitical turmoil pouring out of the White House since Donald Trump took office as President in January.Fxstreet
Tue, Mar 18
US Dollar drops to a near five-month low on geopolitical turmoil
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, dips lower again and trades pressured around 103.25 at the time of writing on Tuesday, near a five-month low at levels not seen since October.Fxstreet
Tue, Mar 18
USD: Consumer pessimism still growing – ING
US data continues to haunt the dollar, which fell against all G10 currencies excluding the yen yesterday. February retail sales rose less than expected (0.2% month-on-month versus 0.6% consensus) following a major drop in January, while the Empire Manufacturing Index plummeted to the lowest level inFxstreet
Tue, Mar 18