The Dow Jones Industrial Average (DJIA) is poised to end the trading week near where it started, with price action churning familiar territory around the 47,500 region.
The US Dollar (USD) is tracking a little higher overall into the end of the week, with a minor gain for the Euro (EUR) leaving it as the only currency in the green on the day, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Dow Jones Index futures are showing marginal gains during Friday’s European morning session, retracing some of Thursday's reversal.
The US Dollar (USD) remains broadly supported after Fed Chair Powell’s remarks tempered expectations for near-term easing. Markets now price roughly two-thirds odds of a December rate cut, down sharply from earlier in the week.
The US Dollar (USD) found more support yesterday on the tail effect of Fed Chair Powell’s hawkish press conference and, more marginally, the US-China trade deal, ING's FX analyst Francesco Pesole notes.
US Dollar (USD) extended its rise in what looked like 'buy rumor, sell the fact' post-Trump-Xi meeting and FOMC, while there were market chatters of month-end USD demand, OCBC's FX analysts Frances Cheung and Christopher Wong note.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady and trading around 99.50 during the Asian hours on Friday.
The Dow Jones Industrial Average (DJIA) held in place on Thursday, churning chart paper near record highs as investors reconsidered their stance following the Federal Reserve’s (Fed) latest appearance.
The US Dollar (USD) is mixed to slightly firmer as markets grapple with a range of issues driving market sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
The US Dollar is trading higher for the second consecutive day against a basket of currencies.
US Dollar (USD) and Treasury yields are consolidating their post FOMC meeting gains. The US and China agreed to a one year trade truce. Under the deal, both countries plan to cancel some tariffs, roll back export controls and reduce other trade barriers.
The US Dollar (USD) is broadly, albeit modestly, stronger after last night's FOMC statement and press conference. The statement was largely as expected, but the press conference turned into a kind of 'rate protest' from the Federal Reserve.
Not long ago, the long anticipated meeting between Donald Trump and Xi Jinping came to an end, but just from looking at the fx markets you might have missed it.
The Fed's monetary policy decision-making body, the FOMC, is deeply divided. That was probably the most important message from yesterday's meeting and press conference with Fed Chair Jay Powell. According to the Fed Chair, opinions on how to proceed differ significantly.
The Dow Jones Industrial Average (DJIA) shuddered on Wednesday, knocking lower after Federal Reserve (Fed) Chair Jerome Powell warned that the latest Fed interest rate cut may be the last rate move for a little while.
The US Dollar Index (DXY) churned after the Federal Reserve (Fed) delivered a widely-anticipated 25 basis point interest rate cut on Wednesday.
The US Dollar (USD) is running into today’s Fed decision slightly firmer but off its best levels as the DXY remains capped around the 99 level, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
US Dollar (USD) continued to ease slightly from recent highs. DXY last at 98.82, OCBC's FX analysts Frances Cheung and Christopher Wong note.
US Dollar (USD) is firmer within its multi-day tight trading range, US 10-year Treasury yields are consolidating just under 4.00%, and S&P500 futures point to further record gains in the underlying index. Today’s FOMC policy decision will guide markets, BBH FX analysts report.
When the Fed delivered a well-telegraphed 25bp cut in September, the US Dollar (USD) rallied. Back then, USD positioning was heavily short, and some hawkishly perceived comments by Powell exacerbated the correction, ING's FX analyst Francesco Pesole notes.
Dow Jones futures hold firm above 47,850 during European hours, with the S&P 500 futures and Nasdaq 100 futures gaining 0.27% and 0.48%, trading around 6,950 and 26,300, respectively, ahead of the opening of the United States (US) regular session on Wednesday.
The US Dollar (USD) is mixed but tracking a little lower overall as the Dollar Index (DXY) continues to drift back from the 99 zone where the index appears to have peaked after its latest run higher, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
The US Dollar (USD) trades mixed in a narrow range as stocks pause and bonds rise, with focus on today’s US October Consumer Confidence report, where falling confidence and a weak labor differential point to potential downward pressure on the currency in the coming months, BBH FX analysts report.
Dow Jones futures remain steady around 47,700 during European hours, with the S&P 500 futures and Nasdaq 100 futures hovering around 6,900 and 25,950, respectively, ahead of the opening of the United States (US) regular session on Tuesday.
Treasury Secretary Scott Bessent has announced the five final candidates to succeed Fed Chair Powell, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a softer note around 98.70 during the early Asian session on Tuesday. The DXY edges lower on the prospect of a US interest rate cut.
The Dow Jones Industrial Average (DJIA) climbed into a fresh record high in early Monday trading, poking through 47,500 for the first time ever as investors continue to recover their sentiment footing.
Cyclical sensitive currencies are outperforming while global equity markets are rallying on encouraging trade developments, BBH FX analysts report.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.80 during the early Asian session on Monday. The DXY softens amid the prospect of a US rate cut after moderate inflation figures on Friday.
The Dow Jones Industrial Average (DJIA) lumbered into record highs on Friday, posting intraday bids north of 47,300 for the first time ever.