The US Dollar (USD) Index (DXY) climbed into a fifth consecutive bullish day on Friday, driven higher by better-than-expected US Nonfarm Payrolls figures.
The Dow Jones Industrial Average (DJIA) rallied after US Nonfarm Payrolls (NFP) jobs figures blew past expectations.
There is no doubt that safe-haven demand has been having an impact on asset prices in the past few sessions.
The DXY Index consolidated in a lower 100-107 range, underpinned by the Fed’s “higher for longer” rates stance and exceptional US growth.
The US Dollar (USD) consolidates on Friday after trading firmly stronger this week, with all eyes on the US Employment Report and specifically on the Nonfarm Payrolls (NFP) numbers.
The US Dollar (USD) has continued to receive substantial support from rising oil prices.
The US Dollar (USD) is up for the 4th consecutive session overnight as US data surprised to the upside while geopolitical tensions in the middle east remains elevated.
The US Dollar (USD) trades firmly stronger again on Thursday, fuelled by safe-haven flows due to increased geopolitical tensions in the Middle East, a weaker Japanese Yen (JPY), and diminishing chances of another large interest-rate cut by the US Federal Reserve (Fed) in November.
The US Dollar (USD) Index (DXY) rose for a third consecutive day as broad-market risk appetite takes a beating.
The Dow Jones Industrial Average (DJIA) is caught in a bit of a sideways trap in the first week of October as geopolitical concerns weigh on risk appetite.
Escalation in the Middle East has led markets pricing in a greater risk of a fully-fledged conflict in the region, which could potentially involve the US.
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, consolidates its gains registered over the past two days and oscillates in a range, just above the 101.00 mark, through the early European session on Wednesday.
The Automatic Data Processing (ADP) Research Institute will release its monthly report on private-sector job creation for September on Wednesday.
The US Dollar Index (DXY) extends the rally to near 101.25 during the early European session on Wednesday.
The Dow Jones Industrial Average (DJIA) plunged early Tuesday, driven into the low end by a mix of disappointing US industrial figures and renewed threats of a spillover in the Israel-Hamas conflict.
Softer than expected US PCE data Friday undercut the US Dollar (USD) broadly at the start of the week but the USD has recovered this morning to trade higher overall against its major currency peers, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
The US Dollar (USD) trades broadly positive on Tuesday ahead of the Manufacturing Purchasing Managers Index (PMI) numbers from the Institute for Supply Management (ISM). The positive turnaround for the Greenback took place after traders priced
Fed Chair Jerome Powell explicitly pushed back against a 50bp rate cut by year-end, and Israel started a ground offensive in Lebanon.
The US Dollar (USD) gets a bump up as market took cues from NABE speech from Fed Chair Powell to take profit on USD shorts.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against other six major currencies, extends its gains for the second successive day.
The Dow Jones Industrial Average (DJIA) was hamstrung near Monday’s opening bids at the start of a fresh trading week.
China’s steps to support the housing and stock market have led to a rush to buy Chinese stocks this morning, ahead of the National Day 1-7 October holiday.
The US Dollar (USD) trades broadly flat at the start of this week, close to the year-to-date lows registered on Friday, ahead of a busy week that will end with the key Nonfarm Payrolls data.
The US Dollar (USD) traded with a heavy bias this morning as core PCE data came in softer while recent Fedspeaks were mostly dovish.
The Dow Jones Industrial Average (DJIA) rallied into another fresh record high on Friday, spurred higher by a cooler-than-expected print in the US Personal Consumption Expenditure Price Index (PCE) for August.
The US Dollar Index (DXY), which measures the value of the USD against a basket of major currencies, stands soft after the release of the US Personal Consumption Expenditures (PCE) data from August.
Consumer confidence in the US improved in September, with the University of Michigan's Consumer Sentiment Index edging higher to 70.1 from 66 in August.
The Dollar Index (DXY) depreciated by 0.4% to 100.56 overnight, holding below 101 for the ninth session, DBS’ FX analyst Philip Wee notes.
The US Dollar (USD) trades flat to marginally higher on Friday, with traders looking forward to the release of the Personal Consumption Expenditures (PCE) Price Index for August.
US initial jobless claims came in once again lower than expected on Thursday, but continuing claims rebounded to 1.834m.