US Dollar Index already reach 105.026, raised from 99.512 at 18-07-2023 , Why US Dollar Index Sooo Strong ? I think there’re some reasons : 1. USA’s economy is getting better, the ISM non-manufacture PMI 54.5 , prev value 52.7 , market forecast value 5.25 , 2 larger, we can see that the USA’s economy still
© Reuters. Investing.com– Most Asian currencies fell on Wednesday, hit by persistent concerns over slowing economic growth and high oil prices, while the dollar surged to six-month highs before more cues on U.S. monetary policy from a string of Federal Reserve officials. A broader risk-off sentiment also kept traders wary of regional currencies, following weak
Share: Gold Price pares recent losses at weekly low after five-day losing streak. XAU/USD bears the burden of strong US Dollar, China woes. Mostly upbeat United States data, Federal Reserve talks propel yields, US Dollar and weigh on the Gold Price. Risk catalysts, mid-tier US data and Fed signals eyed for fresh impulse
U.S. DOLLAR ANALYSIS & TALKING POINTS ISM services PMI increases Fed rate hike probability. Services prices increase pushes reflation narrative. EUR/USD on the cusp of a downside breakout below 1.07. Recommended by Warren Venketas Get Your Free USD Forecast DOLLAR FUNDAMENTAL BACKDROP US ISM services PMI numbers (see economic calendar below) surpassed forecasts on all
© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Wednesday, but remained near a six-month peak as global growth concerns weighed on risk appetite. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 104.612, not far off
© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The dollar held near a six-month peak on Wednesday as jitters over China and global growth weighed on risk appetite, while the yen was close to
AUD/USD, Australian Dollar, RBA, GDP – Talking Points: The Australian economy slowed in Q2, but less than expected. AUD/USD declined after the data release and is now testing key support. What’s next for AUD/USD? Recommended by Manish Jaradi Options for Beginners The Australian dollar fell against the US dollar after the Australian economy slowed in
© Reuters. Investing.com – The U.S. dollar gained in early European trade Tuesday, as traders turned to this safe haven after disappointing Chinese services activity hit risk-taking sentiment. At 03:00 ET (07:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% higher at 104.382, close to three-month
3/3 © Reuters. FILE PHOTO: A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October 17, 2022. REUTERS/Agustin Marcarian/Illustration/File Photo 2/3 By Marc Jones, Eliana Raszewski and Rodrigo Campos LONDON/BUENOS AIRES/NEW YORK (Reuters) – María Barro, a 65-year-old domestic worker in Buenos Aires,
USD/JPY KEY POINTS The U.S. dollar, as measured by the DXY index, gains on soaring yields, boosting USD/JPY to its higher level since November 2022 The fundamental picture remains negative for the Japanese yen against the U.S. currency This article discusses the main technical levels of the USD/JPY pair that Forex traders should be aware
