Share: The index approaches the key 103.00 support. US yields look poised to extend the decline. Consumer Confidence, Fedspeak come next in the docket. The greenback alternates gains with losses near the 103.00 neighbourhood when gauged by the USD Index (DXY) on turnaround Tuesday. USD Index focuses on key data, Fed speakers The
Share: In November, stocks and bonds have rallied and the US Dollar has weakened. Economists at Nordea expect markets to move back to reality. The current rally in bonds and stocks is unlikely to continue The rally in both bonds and stocks looks unsustainable. The next environment is likely to be one of
Share: In a shortened week, the US Dollar posted losses again. Next week, the key report in the US will be the Core PCE. Consumer inflation data is also due in the Eurozone with the preliminary November figures and in Australia with the October Monthly CPI. The Reserve Bank of New Zealand will
Share: The DXY Index declined to 103.45, a 0.30% loss. The index will tally a 0.30% weekly loss as well. S&P PMIs showed a mixed outlook, with the manufacturing sector weakening and the service sector expanding. The US Dollar (USD) is receding on Friday with the DXY index, which measures the value of
Share: During the Asian session, the Australian Westpac Leading Index is due, and RBA Governor Bullock is scheduled to speak again. Later in the day, the focus turns to US data ahead of the Thanksgiving holiday, which includes Jobless Claims, Durable Goods Orders, and the University of Michigan Consumer Sentiment survey. Here is
Share: The 1.8% decline in the US Dollar Index (DXY) last week was the largest since the second week of July. Economists at Société Générale analyze Greenback’s outlook. DXY at risk of a deeper retracement towards 102.55 A close below the 200-DMA (103.62) put the DXY at risk of a deeper retracement towards
Share: The DXY Index stands at 103.90, seeing losses of around 0.40% and tallying a 1.60% weekly decline. Investors continue to digest the data reported throughout the week. The combo of cooling inflation and the labor market points to the Fed not hiking anymore. Fed’s Susan Collins was seen as hawkish on Friday.
Share: The Greenback opens higher this Friday though fails to hold on to gains. Traders can let the dust settle in a very light calendar ahead of the festivities next week. The US Dollar Index is steady above 104, though faces some pressure towards the weekend. The US Dollar (USD) gave traders and
Federal Reserve (Fed) Bank of Boston President, Susan Collins, stated on Friday that she sees evidence indicating that financial conditions are still favorable for the Fed. لینک منبع : هوشمند نیوز
Share: The DXY index first declined to 104.00 and then recovered to 104.40. The headline and core PPI cooled down in October, while US Retail Sales declined but were lower than expected. Investors seem to worry that strong economic activity data might weigh more than cooling inflation in the Fed’s eyes. The US
