The United States (US) Federal Reserve (Fed) had a busy week. On Monday, the Fed asked local New York banks about their positions in USD/JPY, fueling speculation that the US may be preparing to work with Japan on the Japanes Yen's (JPY) weakness.
The Dow Jones Industrial Average (DJIA) declined sharply on Friday after President Donald Trump announced his nomination of former Fed Governor Kevin Warsh to succeed Jerome Powell as Federal Reserve (Fed) Chair.
The UBS Weekly Blog by Paul Donovan discusses the rapid decline of the US Dollar this year. It highlights that while a weaker currency typically correlates with higher inflation, modern trading behaviors have diminished this narrative.
Brown Brothers Harriman (BBH) reports that the Dollar has recovered within its multi-month range. Analysts expect the Dollar to hold within this range due to the Fed's cautious approach to monetary policy.
The Dollar is poised for a potential recovery following the expected nomination of Kevin Warsh as the new Federal Reserve Chair. This development is seen as a positive sign for the Dollar, which has been seeking a catalyst for recovery.
Financial markets were choppy on Thursday, with significant volatility during US trading hours. In the absence of other news, the focus was on United States (US) President Donald Trump, who said on Truth Social that the Federal Reserve (Fed) should substantially lower interest rates: “now!
US equities faced renewed pressure on Thursday as megacap technology earnings and the Federal Reserve’s (Fed) tepid showing this week weighed on sentiment.
The US Dollar has not been able to strengthen further following the FOMC meeting, where the fed funds rate was kept unchanged. The meeting highlighted a change in the labor market description, indicating signs of stabilization.
The US Dollar strengthened overnight, holding above key support levels, particularly against the Japanese Yen. However, the report from MUFG highlights that the US Dollar may remain vulnerable amid policy risks.
The US Dollar's response to the recent Fed meeting was muted, with EUR/USD approaching 1.20.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, meets with a fresh supply during the Asian session on Thursday and erodes a part of the previous day's modest recovery gains.
US equities tested fresh highs but struggled to build momentum as investors digested the Federal Reserve’s latest policy decision and a market rally that remained narrowly focused.
The US Dollar Index (DXY) jostled but overall remained in Wednesday’s trading neighborhood after the Federal Reserve (Fed) delivered its standard interest rate decision, holding interest rates steady in the 3.5-3.75% range and noting its data-dependent approach.
The Dow Jones Industrial Average (DJIA) churned in the midrange as investors await the latest interest rate decision from the Federal Reserve (Fed).
The Dollar index has dropped to its lowest level since February 2022, with limited impact on cash Treasuries. President Trump commented on the currency's decline, stating, "I think it’s great...
The Dollar is entering the FOMC decision on a weak note, with no signs of panic selling despite recent commentary from President Trump. There has been a marginal net-buying trend over the past three months, although signs of deterioration have emerged.
RaboResearch discusses the current state of the USD, highlighting potential negative factors impacting the currency. Concerns over Fed independence and US fiscal policies are noted, alongside signs of increased hedging among investors.
The Dollar has recently faced significant downward pressure, with President Trump expressing indifference to its decline, stating, "The dollar’s doing great." Brown Brothers Harriman (BBH) analysts note that the USD has undershot levels implied by rate differentials, with various structural drags co
Paul Donovan from UBS, notes that a unanimous 92 out of 92 surveyed economists expect no change in US interest rates today. He discusses the potential need for an insurance rate cut to maintain consumer spending and the implications of President Trump's comments on the US Dollar.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is rebounding after four days of losses and hovering around 96.00 during the European hours on Wednesday.
The Dollar remains under pressure following comments from President Trump, which have contributed to its decline against other currencies. The Dollar Index has fallen to its lowest level since February 2022, driven by uncertainties over U.S. tariff policies and geopolitical tensions.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some buyers during the Asian session on Wednesday and reverses a part of the overnight slump to the lowest level since February 2022.
TD Securities analysts expect the FOMC to maintain current interest rates, with a cautious approach supported by recent data. They note that while Chair Powell may not commit to near-term rate cuts, the median official still anticipates easing this year.
The 'Sell America' narrative continues to dominate market sentiment. The US Dollar Index (DXY) hit its lowest level since February 2022 on Tuesday, as investors positioned ahead of the Federal Reserve’s (Fed) monetary policy decision due on Wednesday.
The Dow Jones Industrial Average (DJIA) took a header on Tuesday, peeling away from the tech-bolstered pack of major indexes and falling around 500 points, or one percent, on an otherwise quiet trading day.
The report by MUFG highlights the impact of US tariff policy uncertainty and the risk of coordinated FX intervention by US and Japanese authorities on the Dollar.
UBS's Paul Donovan comments on the current state of the Dollar, noting that while it remains weaker, it has not significantly declined further. He suggests that the Dollar is losing market share, which indicates a slide into mediocrity rather than a dramatic decline.
Brown Brothers Harriman's (BBH) report indicates that the USD continues to trade defensively, with expectations for the dollar index (DXY) to hold above its July and September 2025 lows.
In its FX Weekly Dispatch, TD Securities maintains a bearish outlook on the USD, driven by a backdrop of solid global growth and declining safe-haven appeal.
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 weaker note near 97.00 during the Asian trading hours on Tuesday. The US ADP Employment Change and Consumer Confidence reports are due later on Tuesday.