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Dow Jones Industrial Average coils ahead of Jackson Hole

The Dow Jones Industrial Average is churning in the midrange on Wednesday as markets buckle down for the wait to the kickoff of this year’s annual Jackson Hole Economic Summit on Thursday.

Fxstreet

Wed, Aug 21

US Dollar extends losses, focus on FOMC minutes

The US Dollar (USD), as measured by the US Dollar Index (DXY), exhibits no signs of recovery and declined near 101.15 during Wednesday's trading session.

Fxstreet

Wed, Aug 21

US Dollar recovers slightly, bouncing off 2024 lows

The US Dollar (USD) is catching up again, trading in slightly positive territory on Wednesday, after three consecutive sessions of sharp drops. The bounce appears to be a pure technical one after the US Dollar Index (DXY) hit 101.30 in early Asian trading,

Fxstreet

Wed, Aug 21

USD: Dollar continues to drift lower – ING

Tuesday saw another day of US Dollar (USD) selling. Short-dated US rates came off – perhaps as speculation grew over today's release of benchmark revisions to US jobs data, ING’s FX strategist Chris Turned notes.

Fxstreet

Wed, Aug 21

DXY is giving back this year’s gains – DBS

The Dollar Index (DXY) is within striking distance of returning this year’s gains, DBS Senior FX Strategist Philip Wee notes.

Fxstreet

Wed, Aug 21

Dow Jones Industrial Average pulls flat after choppy Tuesday

The Dow Jones Industrial Average (DJIA) churned on Tuesday, eking out a fresh two-week high near the 41,000.00 handle but overall holding close to the day’s opening bids as markets shuffle in place with key activity data and major central bank appearances in the barrel this week.

Fxstreet

Tue, Aug 20

US Dollar losses mount, almost erasing all 2024 gains in silent siege

The US Dollar (USD) extends losses on Tuesday after getting sucker-punched on Monday, with all eyes on the US Federal Reserve Jackson Hole Symposium in Wyoming, where Fed Chairman Jerome Powell is set to deliver a pivotal speech.

Fxstreet

Tue, Aug 20

USD: Going with the flow – ING

In quiet markets, the US Dollar (USD) is edging gently lower, FX strategist Chris Turner notes.

Fxstreet

Tue, Aug 20

Forex Today: Attention shifts to Fedspeak ahead of Jackson Hole

The continuation of the selling pressure remained unchanged around the Greenback in the context of further improvement in the appetite for the risk-associated universe, all ahead of the release of the FOMC Minutes and the speech by Chief Powell at Jackson Hole.

Fxstreet

Mon, Aug 19

Dow Jones Industrial Average climbs over 200 points on Monday

The Dow Jones Industrial Average (DJIA) climbed over 150 points in quiet trading on Monday as US market indexes broadly gain ground.

Fxstreet

Mon, Aug 19

US Dollar sinks to fresh lows – BBH

US Dollar (USD) is drifting lower against all major currencies with the DXY index hitting a seven-month low.

Fxstreet

Mon, Aug 19

The currency market is waiting for Jackson Hole – Commerzbank

This weekend, all the big names in central banking and economics will be meeting in Jackson Hole.

Fxstreet

Mon, Aug 19

Dow Jones Industrial Average extends for another 100 points on Friday

The Dow Jones Industrial Average (DJIA) notched in 100 points on the high side on Friday after kicking the day off on the low side.

Fxstreet

Fri, Aug 16

US Dollar softened ahead of the weekend after mid-tier data

On Friday, the US Dollar (USD), as measured by the US Dollar Index (DXY), experienced a decline following the release of the University of Michigan's Consumer Sentiment Index figures and softer-than-expected housing market data.

Fxstreet

Fri, Aug 16

Fed speak – Commerzbank

The US Dollar (USD) was also weighed down again yesterday by the fact that Fed officials sounded rather dovish.

Fxstreet

Fri, Aug 16

USD: First look at August consumer confidence – ING

The US Dollar (USD) received a lift from the better-than-expected retail sales data yesterday.

Fxstreet

Fri, Aug 16

US Dollar up as recession fears ease after strong Retail Sales figures

The US Dollar (USD), measured by the US Dollar Index (DXY), consolidated and rose toward the 102.90 level during Thursday's trading session.

Fxstreet

Thu, Aug 15

Dow Jones Industrial Average climbs 550 points amid Thursday risk recovery

The Dow Jones Industrial Average (DJIA) gained 475 points on Thursday, climbing around 1.25% on the day as equities tipped into the bullish side after US Retail Sales surged well above forecasts.

Fxstreet

Thu, Aug 15

USD: Exploring the softer side – ING

The softer trend in inflation will be music to the ears of the Federal Reserve, ING’s FX strategist Chris Turner notes.

Fxstreet

Thu, Aug 15

US Dollar Index depreciates to near 102.50 ahead of key economic data

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against other six major peers, extends its losing streak for the fifth successive session.

Fxstreet

Thu, Aug 15

US Dollar weak after soft CPI figures from July

The US Dollar (USD), gauged by the US Dollar Index (DXY), showed a slight downtrend below the 103.00 threshold during Wednesday's trading session.

Fxstreet

Wed, Aug 14

Dow Jones Industrial Average rallied 300 points post-US CPI

The Dow Jones Industrial Average (DJIA) gained 260 points on Wednesday after US Consumer Price Index (CPI) inflation ticked lower on an annualized basis, as markets had broadly hoped.

Fxstreet

Wed, Aug 14

Unfulfilled expectations? – Commerzbank

After last week's focus on the state of the US labor market, this week inflation is back on the center stage.

Fxstreet

Wed, Aug 14

DXY: Falls under the weight of PPI inflation – DBS

US PPI inflation depreciated the Dollar Index (DXY) by 0.5% to 102.62.

Fxstreet

Wed, Aug 14

US Dollar faces make or break moment ahead of US CPI

The US Dollar (USD) trades lower again, as measured by the US Dollar Index (DXY), in the European session on Wednesday following a 0.50% decline a day before.

Fxstreet

Wed, Aug 14