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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.
EUR/USD
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.
EUR/USD
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.
EUR/USD
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
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