Index Dollar

NZD/USD has pulled back from the 0.6850 area to 0.6820 and is down around 0.5% on the day. Weak US data was largely ignored, with the dollar staging a tentative rally, while wobbly stock markets hurt the NZD. The…
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The DXY reverses the previous slide to 2-month lows near 94.60. US retail sales surprised to the downside in December. US Consumer Sentiment comes next on the economic agenda. Followed by the US Dollar Index (DXY),…
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The DXY flirts with the 100-day simple moving average at the 94.60 region on Friday. The next containment zone appears in the 93.80 area. The dollar remains under downward pressure, dragging the US dollar index (DXY)…
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What you need to know on Friday, January 14: The market stabilized, with the dollar consolidating losses on Thursday. Risk appetite waned, preventing the dollar from falling further. Intraday gains in the greenback…
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AUD / USD has broken above 0.7300 in recent trading and is now looking to test resistance from the uptrend dating back to November. The pair has benefited from the recent weakness in the USD and may struggle to gain…
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What you should know on Thursday, January 13: The dollar tumbled following the release of US inflation figures. The December Consumer Price Index was confirmed at 7% YoY, as expected, while the core reading beat…
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The DXY struggles for direction at the recent lows near 95.50. The loss of 95.50 should open the door to further losses. The US dollar index appears to have found decent support at the current year's lows around 95.50…
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The DXY index appears under pressure around 95.50 during the European session on Wednesday. 10-year US Treasury yields remain capped by the 1.80% area. US inflation figures measured by the CPI stand out on today's…
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What you should know on Tuesday, January 12: The dollar fell sharply on Tuesday, following comments from US Federal Reserve Chairman Jerome Powell. In Senate hearings amid his nomination for a second term, the leader…
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The DXY index retraces part of Monday's advance and falls below the 96.00 level. US yields appear to be taking a breather around recent highs. The release of the NFIB index and the IBD / TIPP index stands out on the…
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