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US Dollar drifts as Fed decision looms
The US Dollar Index, which measures the value of the USD against a basket of currencies, trades neutrally near the 107.00 mark on Wednesday as it consolidates ahead of the Federal Reserve (Fed) interest rate decision.
Fxstreet
Wed, Dec 18
US Dollar flattens ahead of last Fed meeting for 2024
The US Dollar (USD) consolidates on Wednesday, with the DXY Index hovering around 107.00, in the runup to the Federal Open Market Committee (FOMC) interest-rate decision.
Fxstreet
Wed, Dec 18
US Dollar Index drifts lower below 107.00 ahead of Fed rate decision
The US Dollar Index (DXY) trades with a mild negative bias near 106.85 during the early European trading hours on Wednesday.
Fxstreet
Wed, Dec 18
Dow Jones Industrial Average backslides 330 points on Tuesday
The Dow Jones Industrial Average (DJIA) shed another 300 points on Tuesday as losses accumulate in the key index and begin to gather speed.
Fxstreet
Tue, Dec 17
US Dollar sees upward momentum stall on mixed Retail Sales
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades with gains around 106.80 on Tuesday, as upward momentum stalls following November’s Retail Sales release.
Fxstreet
Tue, Dec 17
US Dollar ticks higher ahead of Retail Sales data as markets foresee shallower Fed easing cycle
The US Dollar (USD) trades in positive territory against most major peers in the G20 space on Tuesday, with the DXY Index holding above the 107.00 level. The Greenback is back in the graces of investors after the preliminary US Purchasing Managers
Fxstreet
Tue, Dec 17
US Dollar Index rebounds to near 107.00 as US Retail Sales data loom
The US Dollar Index (DXY) posts modest gains to around 106.90 against major currencies during the early European session on Tuesday.
Fxstreet
Tue, Dec 17
US Dollar holds steady as markets look to Fed decision
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades slightly lower on Monday after a string of data and headlines placed added attention on the upcoming Federal Reserve (Fed) rate decision.
Fxstreet
Mon, Dec 16
Dow Jones Industrial Average tepid as investors await Fed
The Dow Jones Industrial Average (DJIA) continues to churn on the low end of recent chart action, with the major equity index bogged down near 43,800.
Fxstreet
Mon, Dec 16
USD mixed but retains firm undertone – Scotiabank
The US Dollar (USD) squeezed out a sixth, if marginal, consecutive gain overall on Friday and the Dollar Index (DXY) is tracking marginally higher for a potential seventh to start the week off, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Mon, Dec 16
US Dollar mixed as PMI releases shake up markets
The US Dollar (USD) trades slightly lower on Monday after a string of data and headlines that took away the attention from the US Federal Reserve’s rate decision, which will be released later this week on Wednesday.
Fxstreet
Mon, Dec 16
US net debt is likely to continue to grow rapidly – Commerzbank
The US current account is in deficit because the US economy constantly imports more than it exports.
Fxstreet
Mon, Dec 16
DXY: Mixed ahead of Fed rate meeting – OCBC
US Dollar (USD) traded mixed this morning ahead of the much anticipated FOMC meeting this Thu (3am SGT).
Fxstreet
Mon, Dec 16
USD: Dollar holds gains – ING
It's Fed week, and the central bank is expected to cut its target policy band by 25bp to 4.25-4.50% on Wednesday.
Fxstreet
Mon, Dec 16
US Dollar holds its ground on quiet Friday
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades neutral on Friday with some minor gains in the US trading session.
Fxstreet
Fri, Dec 13
Dow Jones Industrial Average extends losses, sheds another 100 points
The Dow Jones Industrial Average (DJIA) softened during a sedate Friday session.
Fxstreet
Fri, Dec 13
USD trades mixed versus majors – Scotiabank
The US Dollar (USD) is ending the week on a mixed note. But the Dollar Index (DXY) is tracking lower from its intraday high, reflecting a rebound in the EUR from early session lows, and that does leave a bit of a dent in the short-term technical outlook for the index and might point to broader losses developing over the next day or so, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Fri, Dec 13
US Dollar falls flat, possible sixth straight trading day with gains
The US Dollar (USD) extends its winning streak on Friday, with the DXY Index trading above 107.00 for the first time in more than two weeks, driven by signs of lingering inflation pressures in the US and prospects of further monetary policy easing in two of the US main trading partners: China and the Eurozone.
Fxstreet
Fri, Dec 13
DXY: Focus next on FOMC next week – OCBC
Dollar Index (DXY) continued to go higher on better-thanexpected PPI and softer EUR, following ECB meeting.
Fxstreet
Fri, Dec 13
USD ends the week on a firm footing – ING
It has been a busy week for the events calendar but the dollar is ending the week towards the top end of its range.
Fxstreet
Fri, Dec 13
US Dollar strengthens as ECB President Lagarde signals potential rate cuts
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, rose toward 106.70 after Christine Lagarde, President of the European Central Bank (ECB), confirmed talks of a possible 50 bps interest rate cut.
Fxstreet
Thu, Dec 12
Dow Jones Industrial Average adrift after PPI uptick
The Dow Jones Industrial Average (DJIA) held steady on Thursday, drifting into the 44,000 major price handle as investors balked at the latest US Producer Price Index (PPI) inflation figures.
Fxstreet
Thu, Dec 12
USD mixed, CHF weakens on large SNB rate cut – Scotiabank
The US Dollar (USD) is mixed versus its major peers, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, Dec 12
US Dollar softens slightly ahead of ECB interest-rate decision
The US Dollar (USD) softens slightly on Thursday, with the DXY US Dollar Index trading around 106.50, ahead of the last European Central Bank (ECB) meeting for 2024.
Fxstreet
Thu, Dec 12
USD: Dollar wins out as trading partners slash rates – ING
The US Dollar (USD) remains well supported this December as trading partners move to cut interest rates quite quickly.
Fxstreet
Thu, Dec 12
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