The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against other six major currencies, retraces its recent gains from the previous session.

The US Dollar remained stable at the start of the US trading session on Tuesday, showing little response to the release of Retail Sales data as anticipated.

The Dow Jones Industrial Average (DJIA) rose into a fresh record high for the second day in a row on Tuesday as investors jostle for position ahead of the Federal Reserve’s (Fed) hotly-anticipated rate cut during the midweek market session.

The Dollar Index (DXY) depreciated a third session by 0.4% to 100.76, approaching 100.55, the year’s weakest close on August 27, DBS FX strategist Philip Wee notes.

While the Fed’s guidance and policy decision tomorrow will signal whether the selloff in the USD over the past few sessions is overdone, the US election will set the scene for the greenback into year-end and through the start of the new year, Rabobank’s Senior FX Strategist Jane Foley notes.

The US Dollar (USD) is flat to slightly softer on the session but retains a weak undertone overall, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The US Dollar (USD) trades flat on Tuesday, with traders sitting on their hands ahead of Wednesday’s main event. The Federal Open Market Committee (FOMC) convenes on Tuesday to debate the upcoming US Federal Reserve’s (Fed) policy decision on

Since the middle of last week, the USD has weakened day by day, causing higher EUR/USD levels.

USD continued to trade on a back foot as markets re-price for higher likelihood of 50bps cut at upcoming FOMC, OCBC Frances Cheung and Christopher Wong note.

Markets have continued to consolidate their bearish dollar positions ahead of tomorrow’s FOMC announcement.

The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, is extending a corrective decline amid rising dovish expectations for the Federal Reserve's (Fed) meeting on Wednesday.

The Dow Jones Industrial Average (DJIA) clipped into another record intraday bid to kick off the new trading week.

After clawing a bit of ground back Friday, the USD is starting a crucial week off back on the defensive, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The US Dollar (USD) trades substantially softer on Monday ahead of the US opening bell. The move comes after traders seem to become increasingly convinced that the US Federal Reserve (Fed) will opt on Wednesday for a big interest-rate cut. This adds

The US Dollar (USD) continued to trade on a back foot as markets re-price for higher likelihood of 50bps cut at upcoming FOMC, OCBC’s FX strategists Frances Cheung and Christopher Wong note.

The Dollar Index (DXY) depreciated by 4.5% this quarter, closing last Friday at 101.11, below the 101.33 mark at the end of 2023, DBS FX strategist Philip Wee notes US GDP growth slowing to 1.7% in 2025 “A knee-jerk rebound is possible if the Fed delivers a 25 bps cut (our call) at the FOMC meeting on September 18 instead of the 50 bps reduction priced in by the futures market.

Despite a mixed batch of US data last week, investors seem to be favouring a 'front-loaded' scenario for the Federal Reserve's easing cycle.

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, is posting losses on Friday as markets continue digesting this week's inflation data.

The Dow Jones Industrial Average rallied for a third straight day on Friday, climbing over 300 points and coming within reach of record highs above 41,500 as market sentiment tilts further into rate cut hopes.

The USD is posting broad, if mostly limited losses against the major currencies on the day (after falling in late trade yesterday).

The US Dollar (USD) trades very soft again on Friday, set to close out the week with another loss. The decline comes on comments from former Federal Reserve Bank of New York President William Dudley, who mentioned there is still a possibility for a

The DXY Index should continue to retreat from the top of its three-week range between 100.5 and 101.9, DBS’ Senior FX Strategist Philip Wee notes.

USD fell overnight. Higher jobless claims and the WSJ article on Fed's rate cut dilemma revived markets' confidence to price in a jumbo cut at Sep FOMC, OCBC’s FX analysts Frances Cheung and Christopher Wong note.

The currency market has cemented its view that the Federal Reserve's focus has shifted away from inflation this week.

The US Dollar Index, which measures the value of the USD against a basket of six currencies, is posting daily losses after soft labor and inflation data.

The Dow Jones Industrial Average (DJIA) stuck close to familiar midrange territory on Thursday, holding close to the 41,000 handle but struggling to decisely reclaim the key technical figure.

The USD is mixed to slightly softer in subdued FX trading this morning.

The US Dollar (USD) trades broadly flat on Thursday, clinging to gains posted on Wednesday after US core inflation surprised to the upside. After the US inflation data,, markets have now nearly fully priced in a 25 basis point (bp) rate cut by the Federal

The Dollar Index (DXY) initially fell to 101.27 from 101.68 during the US Presidential debate, DBS Senior FX Strategist Philip Wee notes.

Yesterday's slightly higher-than-expected core US CPI for August saw 7bp priced out of the expected 2024 Fed easing cycle.