News

Bulldozers built a third of the Dow Jones Industrial Average record

The Dow Jones Industrial Average trades above 54,100 on Tuesday, more than 900 points higher and through the July peak just over 53,300 that had stood since the first week of last month. The run reaches a fourth consecutive session and close to 2,500 points, near 5%, since the 29 July decision.

Source  Fxstreet1785861925
US Dollar Index: Rally questioned as safe-haven role tested – Rabobank

Rabobank’s Senior FX Strategist Jane Foley notes the US Dollar (USD) has been the weakest G10 currency over the past week, with US Dollar Index (DXY) down about 2% from late July.

Source  Fxstreet1785857397
US Dollar: Dip after FOMC but strength expected – HSBC

HSBC strategists discuss the US Dollar (USD) reaction to the July Federal Open Market Committee (FOMC) meeting, where the Federal Reserve (Fed) kept rates at 3.50-3.75% despite some dissent for a hike.

Source  Fxstreet1785851237
US Dollar Index: Downside bias within defined range – UOB

United Overseas Bank’s (UOB) Quek Ser Leang notes that the USD Index bias has shifted to the downside after failing to break above the weekly Ichimoku cloud and instead plunging below the 55-week EMA.

Source  Fxstreet1785837960
US Dollar: NFP and inflation mix complicate Fed path – BNY

BNY strategists John Velis and David Tam highlight the July Nonfarm Payrolls (NFP) report and upcoming Consumer Price Index (CPI) releases as key inputs for the Fed. They see consensus around 80,000 jobs, with a breakeven near 50,000 to keep unemployment steady.

Source  Fxstreet1785834955
Dow Jones futures tick higher as easing Middle East tensions boost market sentiment

Dow Jones futures rise 0.17% to trade around 53,430 during European hours on Tuesday. Meanwhile, S&P 500 futures gain 0.23% to trade near 7,650, while Nasdaq 100 futures advance 0.68%, trading near 29,090.

Source  Fxstreet1785831368
United States Dollar holds gains amid Middle East uncertainty, hawkish Fed odds

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day and trading around 100.00 during the European session on Tuesday.

Source  Fxstreet1785830406
US Dollar: Warsh tactics cloud Fed path – Commerzbank

Commerzbank’s Antje Praefcke discusses how new Fed Chair Warsh may be relying on markets to tighten financing conditions instead of raising rates, leaving the Dollar exposed to data-driven volatility.

Source  Fxstreet1785826832
United States Dollar Index (DXY) steadies around 100.00 as US-Iran tensions lend support

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on a modest Asian session uptick and currently trades around the 100.00 psychological mark, nearly unchanged for the day.

Source  Fxstreet1785810594
United States Dollar Index rebounds toward 100 amid US-Iran, Fed uncertainty

The US Dollar Index (DXY) stages a modest comeback on Monday as stronger-than-expected US manufacturing Purchasing Managers Index (PMI) data and uncertainty over US-Iran talks help the Greenback stabilize following last week’s sell-off, triggered by joint intervention from Washington and Tokyo to su

Source  Fxstreet1785779969
US Dollar: August weakness seen persisting – DBS

DBS Group Research economist Philip Wee argues that the Dollar’s outlook in August is weak after a sharp stumble at the end of July.

Source  Fxstreet1785761926
US Dollar: Labour data and hawkish risks in focus – Deutsche Bank

Deutsche Bank strategists outlines a United States (US) macro backdrop where the Federal Reserve (Fed) held rates but three officials dissented for a hike, keeping inflation concerns alive. They expect two further 25bp increases this year and closely watch upcoming labour and activity data.

Source  Fxstreet1785758112
Dow Jones futures advance as oil prices fall on US-Iran diplomatic signals

Dow Jones futures gain 0.54% to trade around 52,920 during European trading hours on Monday. Meanwhile, S&P 500 futures rise 0.49% to trade near 7,550, while Nasdaq 100 futures advance 0.64%, trading near 28,590.

Source  Fxstreet1785744996
United States Dollar Index drops to near $77.50 due to Japanese FX interventions

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after three days of gains and trading around 101.50 during the Asian session on Tuesday.

Source  Fxstreet1785743573
US Dollar Index: Fed hike expectations support DXY – ING

ING’s Chris Turner notes that despite sizeable joint FX intervention in USD/JPY and lower Oil prices, the US Dollar (USD) is not broadly weaker as markets still price a Federal Reserve (Fed) hike in September.

Source  Fxstreet1785741721
United States Dollar Index weakens below 100.00 as Trump says new Iran talks would begin Monday

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.70 in the Asian trading hours on Monday. The DXY declines amid improved risk sentiment.

Source  Fxstreet1785726340
Forecasting the upcoming week: US labor market takes center stage after hawkish Fed split

The first full week of August will test whether the US Dollar can recover from its sell-off during the last week of July as investors shift their attention from central bank decisions to a fresh round of economic data.

Source  Fxstreet1785528879
United States Dollar Index struggles near 100 after suspected Japanese intervention

The US Dollar Index (DXY) struggles to hold its early recovery on Friday as the fallout from suspected Japanese intervention and the possibility of direct action by the United States (US) keep the Greenback under pressure.

Source  Fxstreet1785524114
Two earnings shocks cancel inside the Dow Jones Industrial Average

The Dow Jones Industrial Average trades just beneath 52,500 on Friday, up around 230 points and roughly 1.6% under the record set early in July.

Source  Fxstreet1785517056
US Dollar Index: DXY seen returning to 96.00–100.00 range – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes that the Dollar stabilized after a sharp sell-off linked to suspected USD/JPY intervention, but argues the broader USD rally since May has likely ended, with US Dollar Index (DXY) expected to move back into a 96.00–100.00 range.

Source  Fxstreet1785497290
Experts agree: The US Dollar rally might have found serious headwinds

The US Dollar Index (DXY) attempts to cling above the 100.00 psychological level on Friday after a nearly 1.5% selloff in the previous three days, as the Federal Reserve's (Fed) lack of forward guidance at Wednesday's monetary policy meeting raised concerns that the bank might fail on its commitment

Source  Fxstreet1785493500
US Dollar: Post-Fed losses extend as positioning unwinds – ING

ING’s Francesco Pesole notes the Dollar’s post-FOMC selloff has accelerated, with DXY briefly dipping below 100.0 and returning to levels seen after Kevin Warsh’s June press conference. He highlights stretched net-long USD positioning versus G9 and large EUR/USD shorts.

Source  Fxstreet1785492331
Dow Jones futures rise as tech rally, AI optimism drive market rebound

Dow Jones futures surge 0.59% to trade around 52,680 during European trading hours on Friday. Meanwhile, S&P 500 futures rise 0.44% to trade near 7,500, while Nasdaq 100 futures rise 1.10%, trading near 28,540, respectively.

Source  Fxstreet1785483843
US Dollar Index Price Forecast: Exposes to 99.00 on Double Top breakdown

The US Dollar (USD) attempts to snap its three-day losing streak on Friday. In European trade, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.27% higher to near 100.23. The DXY attracts bids after posting a fresh six-week low at 99.85.

Source  Fxstreet1785480856
United States Dollar Index bounces off its lowest level since June 17, back above 100.00

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, gains some positive traction and climbs back above the 100.00 psychological mark during the Asian session on Friday.

Source  Fxstreet1785461615
The NASDAQ 100 rallies on one earnings report while the Dow Jones Industrial Average barely moves

The rebound in United States equities on Thursday is real, and it is one name deep. The NASDAQ 100 trades near 27,950 after a gain of almost 3%, having printed its lowest level in two months in the 27,200 area inside the opening minutes.

Source  Fxstreet1785427470
United States Dollar Index slumps as suspected Japanese intervention rattles markets

The US Dollar Index (DXY) tumbles on Thursday as a sharp surge in the Japanese Yen (JPY) fuels speculation that Japanese authorities intervened to support the currency. USD/JPY plunged nearly 480 pips, falling below the psychological 160 mark and dragging the Greenback lower across the board.

Source  Fxstreet1785426877
US Dollar: Warsh rhetoric weakens policy credibility – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is struggling to recover after the Federal Reserve’s (Fed) hawkish hold, as Chair Kevin Warsh’s tough inflation rhetoric failed to convince markets.

Source  Fxstreet1785418161
US Dollar: Hawkish hold tempers USD strength – ING

ING's Knightley and Turner highlight that a neutral‑hawkish Fed hold has slightly weakened the Dollar, reversing positioning that had shifted toward a rate hike.

Source  Fxstreet1785413799
United States Dollar Index turns upside down on Fed rate hike doubts

The US Dollar gives back its opening gains and flips on its head during the European trading session on Thursday.

Source  Fxstreet1785412265
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