News
Important Only
Forex Today: Markets will closely follow the PCE data and German inflation
The US Dollar traded with a tepid downside bias amid lower yields and further investors’ assessment of Wednesday’s hawkish hold by the Federal Reserve, while the release of Friday’s PCE also prompted some caution.
Fxstreet
Thu, Jan 30
US Dollar weakens as markets digest Fed decision and GDP miss
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, hovers below 108.00 as traders react to the Federal Reserve’s (Fed) latest decision and a weaker-than-expected US Gross Domestic Product (GDP) print.Fxstreet
Thu, Jan 30
US GDP expected to confirm solid economic growth in Q4 despite easing from previous quarter
The United States (US) Bureau of Economic Analysis (BEA) is scheduled to release the preliminary estimate of the US Gross Domestic Product (GDP) for the October-December quarter on Thursday.Fxstreet
Thu, Jan 30
Dow Jones Industrial Average flattens ahead of Fed
The Dow Jones Industrial Average (DJIA) is treading water on Wednesday, awaiting Federal Reserve (Fed) Chair Jerome Powell and the Federal Open Market Committee’s (FOMC) latest rate call, which is already widely expected to be no moves on rate cuts.Fxstreet
Wed, Jan 29
Dow Jones Industrial Average gains ground despite volatility
The Dow Jones Industrial Average (DJIA) rose around 250 points on Tuesday, climbing one-half of one percent and chalking in a fresh eight-week high as investors shrug off fresh volatility in the face of renewed trade war threats from United States (US) President Donald Trump.Fxstreet
Tue, Jan 28
US Dollar Index jumps to near 108.00, Trump tariff policies in focus
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, drifts higher to near 107.95, snapping the three-day losing streak during the Asian trading hours on Tuesday.Fxstreet
Tue, Jan 28
Forex Today: Markets shift the attention to US data ahead of the Fed
The US Dollar began the new trading week on the back foot as market participants continued to digest the narrative of further tariffs from the Trump administration, while investors started gearing up for the FOMC meeting on Wednesday.Fxstreet
Mon, Jan 27
Dow Jones Industrial Average twists as investors shake off overnight dip
The Dow Jones Industrial Average (DJIA) dipped into the 44,000 handle during Monday’s early overnight session, driven lower by a fresh bout of souring in investor risk appetite after a Chinese company globally released an open-source competitor to US-based AI models that have been largely proprietary up to this point.Fxstreet
Mon, Jan 27
US Dollar edges lower at start of central bank’s week
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six different major currencies, edges slightly lower and trades around 107.10 at the time of writing on Monday despite some earlier safe-have inflows during the Asian session.Fxstreet
Mon, Jan 27
US Dollar on track to lose around 2% of value this week
The US Dollar Index (DXY), which tracks the performance of the US Dollar against six different major currencies, sinks below 107.50 at the time of writing on Friday after US President Donald Trump left surprised with comments the previous day casting doubts on the application of tariffs on China.Fxstreet
Fri, Jan 24