What you need to know on Friday, March 12: The dollar fell as US Treasury yields rose. The yield on the 10-year bond fell to 1.47% and subsequently recovered, although the dollar remained under pressure. Wall Street soared, with the DJIA hitting new all-time highs and the S&P flirting with all-time highs. The Nasdaq added […]
Tag: Index Dollar
$ 24 billion in 30-year bonds sold at a high yield of 2,295%
In the last auction, EE.UU. It sold $ 39 billion in 29-year, 11-month notes with a high yield of 2,295% and granted 37.36% of the offers at the maximum. Primary distributors took 19.21% of the promissory notes, direct and indirect sales were 20.24% and 60.55%, respectively. Market reaction With the initial market reaction, the yield […]
The US Dollar Index remains near weekly lows around 91.60
DXY remains offered and well below the 92.00 level. US 10-year yields recover from levels below 1.50%. Weekly claims increased by 712,000 over the past week. The dollar remains unchanged to the bearish, although it manages to bounce away from lows initially touched around 91.50 when it tracks it. the US dollar index (DXY). The […]
Next major support comes at 91.00
The DXY weakens further below the 92.00 level. Next, to the downside, emerges the 100-day SMA at 91.17. The US Dollar Index (DXY) easily broke below the 92.00 support and opened the door for a further decline on the short-term horizon. It is currently sailing in the 91.50 area, where the February peaks also coincide. […]
Weaker DXY US Dollar Index Extends Fall Below 92.00 Level
The DXY index is moving lower and testing weekly lows near 91.60. US 10-year yields fall back below the key 1.50% level. Weekly initial jobless claims and the 30-year bond auction stand out on today’s economic calendar. The US dollar DXY index, which measures the strength of the dollar against a basket of major currencies, […]
USD / CAD consolidates decline around 1.2600 amid pause in WTI upward movement
USD / CAD remains lower, with the 1.2600 level at risk once again. BoC revised its economic forecasts upwards, WTI retests the $ 65.00 level The focus is on weekly US jobless claims and speeches by Schembri of the BoC and President Biden. Buying interest around the Canadian dollar remains intact, keeping USD / CAD […]
Forex Today – Asian Session: The Calm Before The Storm?
What you need to know on Thursday, March 11: The dollar remained under slight pressure amid weak US government bond yields. The United States government auctioned 10-year notes at 1,523%, which were around 1.51% before the auction, down from Tuesday’s close at 1.55%. The dollar’s losses are modest compared to its latest gains. Weaker than […]
$ 38 billion of 10-year notes sold at a high yield of 1,523%
At the last auction, the US It sold $ 39 billion in 9-year and 11-month notes with a high yield of 1,523% and granted 27.17% of the offers at the maximum. Primary distributors took 25.42% of the promissory notes, direct and indirect sales were 17.78% and 56.81%, respectively. Market reaction Market reaction to this auction […]
US dollar index clings to gains near 92.00 after CPI
DXY cuts initial gains and returns to the 92.00 area. US 10-year yields trim previous post-CPI advance. The US headline CPI rose 0.4% month-on-month, up 1.7% year-on-year in February. The US Dollar Index (DXY), Measuring the dollar against a group of its main competitors, it moves away from recent highs and challenges the 92.00 zone. […]
More winnings above 92.50
DXY resumes higher (modestly) after Tuesday’s pullback. The next upside target is this year’s peaks around 92.50. The US Dollar Index (DXY) appears to have regained its smile on Wednesday. The rejection of the 92.50 area (March 9) appears to have found decent support in the 92.00 neighborhood for the time being. A continuation of […]
