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Dow Jones Industrial Average erases gains on renewed geopolitical tensions

The Dow Jones Industrial Average (DJIA) fell on Friday, shedding over 600 points from the previous day’s close as investors pulled back following Israel’s unexpected wave of strikes on Iran. Consumer sentiment data rebounded more than expected, helping to ease Friday’s downside momentum.

Source  Fxstreet1749828550
US Dollar Index (DXY) recovers on Israel-Iran hostilities

The US Dollar Index (DXY) is trading higher on Friday, with markets shifting focus on Israel’s war against Iran.

Source  Fxstreet1749820565
USD: Geopolitical risk opens room for brief dollar rebound – ING

The dollar is stronger across the board this morning after Israel attacked Iran's nuclear facilities. The main transmission channel from this specific geopolitical risk and FX is the price of oil, which has rallied around 8% since the Israeli strike.

Source  Fxstreet1749812415
DXY: Return of safe haven – OCBC

US Dollar (USD) fell overnight as US PPI data underwhelmed. DXY was last at 98.32 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Source  Fxstreet1749808546
Forex Today: US sentiment gauges and trade should remain front and centre

The US Dollar collapsed to more than three-year lows on the back of increased inflows into the safe-haven universe, while investors continued to gauge simmering geopolitical effervescence, trade uncertainty and prospects of a couple of rate cuts by the Fed this year.

Source  Fxstreet1749755080
Dow Jones Industrial Average rebounds on benign PPI inflation

The Dow Jones Industrial Average (DJIA) caught a bullish bid on Thursday, bolstered by better-than-expected Producer Price Index (PPI) inflation data for May.

Source  Fxstreet1749751063
US President Trump hints of an Israeli strike on Iran, says “Not imminent”

During a press conference, US President Donald Trump revealed that Iran must negotiate tougher and added that he’d love to avoid a conflict with Tehran. He commented that an Israeli strike could happen but added, “I don’t want to say Israeli strike is imminent.”

Source  Fxstreet1749747513
US Dollar Index (DXY) dives to fresh three-year lows below 98.00

Risk aversion and hopes of Fed cuts are punishing the USD.Markets are growing sceptical about Trump's ability to cut significant trade deals.Recent Fed-ECB divergence is putting additional pressure on the US Dollar.,A mix of scepticism about US trade deals and hopes of further interest rate cuts by

Source  Fxstreet1749728090
USD: The US-China deal – Commerzbank

The US dollar depreciated yesterday following the weaker-than-expected US inflation figures and the EUR/USD exchange rate was able to rise towards its April high this morning.

Source  Fxstreet1749724006
DXY: Data matters – OCBC

US Dollar (USD) fell on softer than expected CPI. This puts focus on PPI data tonight (8:30pm) before the lead up to FOMC next week. DXY was last at 98.40 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Source  Fxstreet1749722410
USD: Dollar's glass is half empty – ING

It is fair to say that dollar price action has been poor.

Source  Fxstreet1749722304
Dow Jones Industrial Average breaks higher after US CPI beat

The Dow Jones Industrial Average (DJIA) rose on Wednesday, bolstered by cooler-than-expected Consumer Price Index (CPI) inflation data for May, as well as a tentative trade policy framework following two days of trade talks in London.

Source  Fxstreet1749661264
Three reasons why higher US inflation figures may not help the USD – Commerzbank

Today, the foreign exchange market is awaiting the week's key data: the US inflation figures for May.

Source  Fxstreet1749638723
USD: Inflation and 10-year auction in focus today – ING

This week hasn’t shown a clear direction for the dollar so far. Uncertainty around how far-reaching the US-China trade talks in London will be has left room for domestic factors to shape relative performance across G10 currencies.

Source  Fxstreet1749635138
Dow Jones Industrial Average melt-up continues as markets await trade talk results

The Dow Jones Industrial Average (DJIA) is still trading into the high end of recent congestion on Tuesday. Market momentum remains limited overall as traders brace for a one-two punch of trade headlines and key post-tariff Consumer Price Index (CPI) inflation data due on Wednesday.

Source  Fxstreet1749575539
US Dollar Index falls back amid uncertainty over US-China trade meeting outcome

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, gives back its early gains and flattens around 99.00 during European trading hours on Tuesday.

Source  Fxstreet1749555207
USD: FX markets in holding pattern awaiting fresh catalyst – Scotiabank

Currency markets are generally quiet as we move into Tuesday’s NA session. All of the G10 currencies are trading in a relatively tight range, with the exception of GBP as it underperforms on the back of a weaker domestic employment release.

Source  Fxstreet1749554804
USD: Focus on the $58bn 3-year auction – ING

Examining FX performance from both a spot and total return perspective over the last month reveals a bloc of four currencies that stand out. These are the Norwegian Krone, the Pound Sterling and the Australian and New Zealand Dollars. What does GBO have in common with these commodity currencies?

Source  Fxstreet1749549076
DXY: Short covering underway – OCBC

US Dollar (USD) consolidates with mild upticks this morning. DXY was last at 99.15 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Source  Fxstreet1749545585
US Dollar Index strengthens above 99.00 amid hope for US-China trade deal

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, rebounds to around 99.25 during the early European session on Tuesday amid improved risk sentiment.

Source  Fxstreet1749539263
Forex Today:  Traders focus to US-China talks, UK jobs report

The US Dollar dropped as US-Sino trade talks began in London on Monday, amid an improvement in risk appetite and the first reports that talks are going well, according to US President Donald Trump.

Source  Fxstreet1749501647
Dow Jones Industrial Average grinds higher as equity melt-up continues

The Dow Jones Industrial Average (DJIA) rose on Monday, testing above 42,800 as ongoing trade talks between the Trump team and Chinese representatives are ongoing in London.

Source  Fxstreet1749490602
USD: Trade talks should be a dollar positive – ING

Ever since US President Donald Trump's 'Liberation Day' tariffs were introduced in early April, the FX narrative has really focused on what damage these tariffs would do to the US economy and the dollar.

Source  Fxstreet1749465772
Dow Jones Industrial Average tests fresh highs on NFP beat despite downside revisions

The Dow Jones Industrial Average (DJIA) briefly tested fresh 13-week peaks on Friday, with equities taking a step higher after Nonfarm Payrolls (NFP) jobs data came in stronger than expected.

Source  Fxstreet1749232993
USD steadies ahead of payrolls – Scotiabank

The US Dollar (USD) is heading into the end of the week with moderate but broad bid under it.

Source  Fxstreet1749209142
Forex Today: Could Nonfarm Payroll figures save the US Dollar?

The Greenback bounced off its weekly lows of 98.35 as China’s media reported a call between US President Donald Trump and China’s President Xi Jinping. Both parties mentioned the call was good and focused on trade policies and rare earths.

Source  Fxstreet1749150111
Dow Jones Industrial Average remains in consolidation as markets look ahead to NFP jobs data

The Dow Jones Industrial Average (DJIA) held steady on Thursday, chugging quietly near the previous day’s closing bids.

Source  Fxstreet1749145752
USD little changed as markets await NFP data – Scotiabank

Markets are trading in relatively subdued fashion, leaving the USD soft overall but little changed on the session and holding near the past week’s low, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Source  Fxstreet1749122674
USD: 'Slightly pessimistic and uncertain' – ING

'Slightly pessimistic and uncertain' was the characterisation of the US outlook expressed in the Fed's Beige Book released last night and ahead of the next FOMC meeting on 19 June.

Source  Fxstreet1749113711
Dow Jones Industrial Average flattens after cautionary ADP jobs print

The Dow Jones Industrial Average (DJIA) remained largely unchanged on Wednesday after bullish investor sentiment was stymied by a softer-than-expected ADP jobs print. Overall market momentum is cooling off as indexes hit a lull between trade war headlines.

Source  Fxstreet1749061020
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