News
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US Dollar rallies in flight for safety out of Europe’s political turmoil
The US Dollar (USD) rallies on Friday as traders flee out of the Japanese Yen (JPY) and the Euro (EUR). The renewed strength in the Greenback comes as sovereign bond yields in some countries in the Eurozone, particularly France, are spiking on theFxstreet
Fri, Jun 14
Dow Jones Industrial Average declines further on extended drop in producer inflation
The Dow Jones Industrial Average (DJIA) tumbled another 150-plus points on Thursday after US data hinted at a further contraction of the overall economy, briefly sparking risk-off bids into the US Dollar (USD) and forcing Treasury yields lower alongside equity indexes.Fxstreet
Thu, Jun 13
US Dollar sideways ahead of US CPI, Fed decision
The US Dollar (USD) trades nearly flat in Wednesday’s European session and holds above the 105.00 level ahead of two key economic events: the US Consumer Price Index (CPI) release for May and the US Federal Reserve (Fed) interest rate decision.Fxstreet
Wed, Jun 12
Dow Jones Industrial Average struggles to shrug off Friday’s firm NFP beat
The Dow Jones Industrial Average (DJIA) shrugged off a forecast-thumping Nonfarm Payrolls (NFP) print on Friday, climbing into a brief 0.2% gain through the US market session before slumping back to the day’s opening bids after a reactionary tumble to better-than-expected jobs additions in May.Fxstreet
Fri, Jun 7
US Dollar eases slightly ahead of weekly Jobless Claims
The US Dollar (USD) edges lower on Thursday as markets brace for the European Central Bank (ECB) policy decision. The ECB is set to make its first rate cut after its hiking cycle started post-pandemic to tame inflation, with traders looking for clues onFxstreet
Thu, Jun 6