The Dow Jones Industrial Average (DJIA) surged over 300 points or 0.80% on Tuesday as softer-than-expected United States (US) economic data suggested the need for lower interest rates, as witnessed by the fall of US Treasury yields.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, edges slightly higher and trades at 99.20 at the time of writing on Tuesday.
The USD is tracking a little higher on the day so far, reversing some of yesterday’s losses, following news that President Trump will make some concessions on auto tariffs due to come into effect on May 3rd.
The US Dollar (USD) is consolidating. The major currencies are trading mixed overall as markets steady and take stock of developments after yesterday’s steep US equity declines.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, trades broadly flat on Tuesday near a three-year low, consolidating Monday’s losses.
The Dow Jones Industrial Average (DJIA) caught a late bid on Friday, rising back into the 40,000 major price handle after an early dip on rising tariffs between the US and China.
The Dow Jones Industrial Average (DJIA) skyrocketed on Wednesday, surging over 6% on the day and returning to the 40,000 handle after the Trump administration announced yet another pivot on its own tariff policies.
Ukrainian President Volodymyr Zelenskyy said late Sunday that the Russian military struck an energy facility in Kherson on Friday. Russians shelled more than 30 localities in the Kherson region, including residential areas of Kherson.
The Dow Jones Industrial Average (DJIA) had one of its worst trading days since the pandemic period, shedding over 2,000 points to fall over 5% on the day and putting the major equity index on pace for one of its worst-ever trading days in absolute points terms.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of major currencies, is dropping significantly on Thursday, moving near the 102.00 zone during the North American session.
The Dow Jones Industrial Average (DJIA) bottomed out near the 40,800 level after taking a steep plunge during overnight markets.
The US Dollar Index (DXY) moved lower during Wednesday’s session, lingering near the 104.00 area after President Donald Trump confirmed sweeping tariffs on global imports.
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, is trading below the 104.00 area during Wednesday’s session amid heightened caution ahead of the White House’s official tariff announcement.
Welcome to Liberation Day. Tariffs are front and center for markets ahead of this afternoon’s announcement from the White House, due around 4pm from the Rose Garden, Scotiabank's Chief FX Strategist Shaun Osborne notes.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, consolidates for a second day in a row this week and hovers near 104.20 at the time of writing on Wednesday.
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, trades near the 104.20 area on Tuesday, showing little directional bias after a series of soft US economic data releases.
The Dow Jones Industrial Average (DJIA) kicked around the charts on Tuesday, declining after US Purchasing Managers Index (PMI) survey results came in worse than expected, but recovered ground after markets pivoted to hoping for a ramp-up in the Fed’s rate-cutting cycle.
The US Dollar (USD) is trading mixed to slightly weaker against its major currency peers as markets chop around ahead of tomorrow’s tariff announcement from the White House.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is consolidating further this week with highs and lows coming in closer to one another at the 104.00 round level this Tuesday.
The currency market caught up with the tariff threat at the start of this week, with the dollar stronger across the board, the yen supported, and high-beta currencies under pressure.
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, trades flat on Monday and sees limited directional flow, hovering near 104.30.
The Dow Jones Industrial Average (DJIA) rebounded 300 points on Monday, clawing back ground that was lost in last Friday’s stock rout.
The US Dollar (USD) is mixed and market sentiment is broadly weaker as investors seek havens ahead of Wednesday’s US tariff announcement.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, lacks direction and trades almost flat on Monday.
The US is due to announce a new historic round of tariffs on trading partners on Wednesday, which President Trump has now famously dubbed 'liberation day', ING’s FX analysts Francesco Pesole notes.
Avalanche (AVAX) has been under selling pressure in recent days, falling to the $20 support level on Friday, down 8% over the past 24 hours.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, is currently flat near 104.30 on Friday following the release of the Federal Reserve’s (Fed) preferred inflation metric — the Personal Consumption Expenditures (PCE) Price Index.
The Dow Jones Industrial Average (DJIA) backslid over 700 points on Friday, falling 1.75% and tumbling to 41,500 after core Personal Consumption Expenditure (PCE) inflation figures accelerated in February.
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is currently flat to slightly higher near 104.50 at the time of writing on Friday.
The value of currencies in FX markets is typically driven by interest rate differentials, with FX effectively being seen as an extension of monetary policy.