News

USD strengthens into month-end – Scotiabank

The US Dollar (USD) is entering Friday’s NA session with modest gains against most of the G10 currencies, supported by month end flows and a broader tone that appears somewhat fragile as market participants react to the CME’s outage, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret r

USD crosses trade in tight ranges – ING

US Dollar (USD) crosses have traded in tight ranges as the Thanksgiving holiday dried up flows. Volatility shouldn't pick up materially today, even though the dollar remains vulnerable to a convergence lower towards short-term swap rates, ING's FX analyst Francesco Pesole notes.

Source  Fxstreet1764326767
DXY: FX volatility eases on thin thanksgiving trading – DBS

With subdued holiday trading and a mixed Beige Book, the US Dollar (USD) steadies as markets see little impetus for a sharper move lower, DBS' Senior FX Strategist Philip Wee notes.

Source  Fxstreet1764322878
DXY slides as Fed cut odds hit 80% – OCBC

The Dollar Index (DXY) gaps as markets price an 80% chance of a December Fed cut, extending the shift in Fed rhetoric, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Source  Fxstreet1764233713
Dow Jones futures steady as Fed rate-cut bets rise with Hassett news

Dow Jones futures are steady around 47,500 during Thursday’s European session, while S&P 500 and Nasdaq 100 futures also hold firm, edging up 0.03% and 0.08% to roughly 6,830 and 25,300, respectively. US markets will remain closed as traders observe the Thanksgiving holiday.

Source  Fxstreet1764232571
US Dollar Index retreats below 99.50 on rate cut expectations

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 99.45 during the early European trading hours on Thursday.

Source  Fxstreet1764223442
Dow Jones Industrial Average climbs for fourth consecutive day on rate cut bets

The Dow Jones Industrial Average (DJIA) gained another 400 points on Wednesday, clawing back recent losses and testing back above the 47,500 level.

Source  Fxstreet1764183654
USD consolidates losses amid weak US data – BBH

US Dollar (USD) is consolidating yesterday’s losses. Narrowing US-G6 rate differentials suggests the path of least resistance for USD is down. Fed policy is still restrictive and leaves scope for the Fed to deliver more easing.

Source  Fxstreet1764156946
US Dollar Index weakens to near 99.50 as Fed rate cut bets rise

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 99.60 during the Asian trading hours on Wednesday. The DXY extends the decline as traders anticipate the US interest rate cut in December.  

Source  Fxstreet1764130837
Dow Jones Industrial Average surges 550 points on Tuesday as rate cut bets solidify

The Dow Jones Industrial Average (DJIA) gained a volatile 550-plus points on Tuesday, rallying out of an early volatility spat as investors rolled with the punches on conflicting headlines.

Source  Fxstreet1764096048
Dollar softens as markets price in December Fed cut – Scotiabank

The US Dollar (USD) is trading mixed to slightly softer overall against the major currencies.

Source  Fxstreet1764080666
USD: Rate cut speculation raises concerns – UBS

In a recent audio comment, UBS's Paul Donovan discusses the implications of Federal Reserve Governor Christopher J. Waller's advocacy for a December rate cut, emphasizing the potential risks to the US economy.

Source  Fxstreet1764069139
USD holds above 200-DMA amid cautious sentiment – BBH

US Dollar (USD) is trading on the defensive and holding above its 200-day moving average.

Source  Fxstreet1764066134
Dow Jones futures tick down ahead of US economic data

Dow Jones futures decline 0.07% to trade below 46,500 during European hours on Tuesday, ahead of the United States (US) market open. The S&P 500 futures and Nasdaq 100 futures are also lower, declining 0.06% and 0.16% to around 6,720 and 24,900, respectively, at the time of writing.

Source  Fxstreet1764061263
USD near recent highs amid December rate uncertainty – OCBC

US Dollar (USD) hovers near recent high but failed to make much headway. Uncertainty over Dec meeting outcome continues to swing sentiments. Dollar Index (DXY) last seen at 100.18 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Source  Fxstreet1764059608
Thin holiday trading keeps USD in the driver’s seat – Commerzbank

This week is a short week, at least for US trading, as Thanksgiving is celebrated on Thursday. Experience shows that trading will be correspondingly thin from Wednesday afternoon onwards.

Source  Fxstreet1764058318
Dow Jones Industrial Average gains 200 points as rate cut bets rise

The Dow Jones Industrial Average (DJIA) found some room on the high side on Monday, kicking off a holiday-shortened trading week with a 200-point jump to reclaim the 46,500 region.

Source  Fxstreet1764004406
USD gains stall on dovish Fed comments – Scotiabank

Thanksgiving week means a slew of data releases Tuesday and Wednesday from the US and perhaps little movement after mid-week in FX markets that still have one eye on the Fed and another on the trend in US tech stocks, Scotiabank's FX strategists Shaun Osborne and Eric Theoret report.

Source  Fxstreet1763996097
USD: Markets eye Ukraine peace talks amid thanksgiving-thinned week – ING

The US Dollar (USD) faces downside risks this week as cautiously optimistic Ukraine peace talks and the Fed’s Beige Book could temper USD strength, keeping Dollar Index (DXY) near key resistance, ING's FX analyst Chris Turner notes.

Source  Fxstreet1763984173
USD: Dollar Index holds above 200-DMA – MUFG

The major foreign exchange rates have remained relatively stable overnight at the start of the holiday shortened week with Thanksgiving falling on Thursday, MUFG's FX analyst Lee Hardman reports.

Source  Fxstreet1763981677
USD consolidates as risk assets extend Friday bounce – BBH

The US Dollar (USD) consolidates after last week’s gains as New York Fed President John Williams’ dovish remarks raise bets on a December rate cut, supporting equities and stabilizing bonds, BBH FX analysts report, BBH FX analysts report.

Source  Fxstreet1763981387
DXY: Noise from Fedspeaks might diminish – OCBC

US Dollar (USD) continued to trade near recent highs, in response to Dec meeting expectations which had remain fluid. More data is coming in while comments from Fed officials continue to paint a divergence in opinions.

Source  Fxstreet1763978088
Dow Jones Industrial Average rebounds on hopeful Friday

The Dow Jones Industrial Average (DJIA) caught a healthy rebound on Friday, climbing over 700 points to round out an otherwise bearish trading week.

Source  Fxstreet1763754387
Weak risk mood underpins USD – Scotiabank

The US Dollar (USD) remains amid firm weak risk appetite but the JPY is outperforming on the session, reflecting a ratcheting up of intervention rhetoric as Finance Minister Katayama warned of 'appropriate action' being taken against disorderly FX moves.

Source  Fxstreet1763733108
USD: Solid NFP likely enough for FOMC pause – MUFG

The US jobs report for way back in September was certainly better than expected with the headline NFP stronger than the consensus.

Source  Fxstreet1763726380
DXY: Stocks sell off after strong tech-driven open – BBH

US stocks sold off yesterday after a strong Nvidia-fueled open. That’s a sign of a frothy market where investors sell into strength, not chasing it. Treasury yields slipped across the curve as a December Fed funds rate cut remains in play despite September’s jobs gain overshoot.

Source  Fxstreet1763723323
U.S. jobs data fuel market volatility – DBS

The US Dollar (USD) remained nearly unchanged at 100.2 after mixed U.S. jobs data, as investors turn their focus to the Fed and the upcoming holiday-shortened trading week, DBS' Senior FX Strategist Philip Wee notes.

Source  Fxstreet1763721513
DXY: Slight retracement ahead? – OCBC

US Dollar (USD) traded a touch firmer on release of delayed Sep jobs report. DXY was last at 100.12 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Source  Fxstreet1763718148
US Dollar Index declines to near 100.00 on mixed jobs data and rate cut uncertainty

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 100.15 during the Asian trading hours on Friday. The mixed delayed US jobs data failed to provide clarity on interest rates.

Source  Fxstreet1763692317
Dow Jones Industrial Average churns on Thursday as markets turn cautious

The Dow Jones started Thursday off on a high note. The major equity index soared 725 points in the early hours before promptly reversing course at 1545 GMT (1045 EST) and sinking over 1,100 points top-to-bottom, hitting a five-week low of 45,732 in the process.

Source  Fxstreet1763663961
goTop
quote