The DXY index rose to new monthly highs in the 93.50 / 55 region. The dollar continues to digest the recent FOMC decision. The Chicago Fed index, initial jobless claims and preliminary PMIs stand out in today’s economic calendar. After posting monthly highs above the 93.50 level, the US dollar DXY index, which measures the […]
Tag: Index Dollar
The dollar falls with yields after the Fed, the BoE may give hints of a stimulus adjustment
This is what you need to know to trade today Thursday September 23: The risk tone seems calmer at the start of the European session, as investors weigh the Fed announcement and the looming Evergrande debt crisis in China. A sense of caution prevails as the market mood of risk appetite moderates slightly amid concerns […]
Forex Today – Asian Session: Powell Boosts the Dollar
What you need to know on Thursday, September 23: The dollar closed higher against most major rivals on Wednesday, as the US Federal Reserve was quite aggressive, hinting at clearer definitions on the downsizing schedule at its next November meeting. “If progress continues broadly as expected, the Committee judges that a moderation in the pace […]
WTI consolidates recovery around $ 71.50 before EIA and Fed
WTI clings to recent gains on DXY caution and market sentiment improves. Inventories measured by API in the United States fell 6.1 million barrels last week. The focus remains on the Fed’s decision, the Evergrande situation and the EIA data. The price of a barrel of WTI (NYMEX futures) entered a phase of consolidation to […]
DXY US Dollar Index appears to consolidate above 93.00 ahead of Fed
DXY sails without a clear direction in the low 93.00s. US 10-year yields remain lined up around 1.33% on Wednesday. All attention remains on the FOMC meeting later in the NA session. The US dollar DXY index, which measures the strength of the dollar against a basket of major currencies, moves within a narrow range […]
USD / JPY hit weekly low, breaks below 109.50 ahead of BoJ and FOMC meetings
Market sentiment is mixed as major US equity indices rise while safe-haven currencies strengthen. BoJ Preview: Eight Big Banks Forecasts, Very Little Upside Potential. FOMC: Investors expect the Fed to keep its monetary policy and QE unchanged. Earlier during the European session, the USD/JPY it trimmed some of its losses, but as the day progressed, […]
Dollar Pulls Back as Evergrande Fears Moderate, Crypto Remains Depressed
This is what you need to know to trade today Tuesday, September 21: Some calm has returned to the markets early Tuesday after Monday’s massive Evergrande-related selloff. The dollar is off the highs across the board. Uncertainty over Chinese policy prevails and joins tensions ahead of the Fed’s decision on Wednesday. Canadian Prime Minister Trudeau […]
Forex Today – Asian Session: Dollar Backed By Risk Aversion
What you need to know on Tuesday, September 21: The US dollar is the overall winner at the beginning of the week, thanks to risk aversion. The concerns revolve around the Evergrande Group, China’s second-largest real estate developer by sales. The company’s shares plummeted at the weekly open by more than 10% as the company […]
GBP / USD trades near monthly lows around 1.3650 ahead of the FOMC meeting
The pound sterling falls to monthly lows, trading around 1.3655. The market is in risk averse mode, weighed by Chinese real estate Evergrande and the general strength of the US dollar. The central banks of both countries, to hold their monetary policy meetings this week. The GBP/USD it is falling for the third day in […]
The US dollar index continues to offer near 93.40, monthly highs
The bullish mood in the dollar remains good and solid. US 10-year yields fall further and are approaching 1.30%. The NAHB index will be published next on the US agenda. Buying interest around the dollar holds good for another session and pushes the US Dollar Index (DXY) to new highs near 93.50 on Monday. US […]
