Tag: DollarIndex
Investors’ prudence precedes additional US data
The US Dollar faced renewed selling pressure as market participants digested the latest US inflation figures. In the meantime, bets on an ECB rate cut [...]
Attention remains on US PCE and Fed officials
Markets seem to have entered a consolidative theme ahead of key data releases on both sides of the ocean, while Fed speakers and ECB officials equally [...]
Weak US data hurt the Dollar and boosted risk appetite
Extra losses in the Greenback prompted another pullback in the USD Index (DXY), underpinning the appetite for the risk-linked universe amidst renewed [...]
Rate cuts and data remain in the spotlight
The US Dollar experienced a corrective decline on Wednesday following Tuesday’s CPI-driven strong rebound, allowing some respite from the recent inten [...]
US inflation reinvigorated the Dollar
As US inflation continued to run hot in January, investors now started to price in a probable interest rate cut by the Federal Reserve in June, while [...]
Risk-on mood weighed on the Dollar
Risk-linked assets managed to gather extra steam on the back of renewed weakness surrounding the Greenback. In the meantime, investors now appear to f [...]
It is all about the Fed and Powell so far
Stronger US fundamentals and the hawkish tone from Chief Powell over the weekend were more than enough to lift the Greenback to fresh yearly highs and [...]
The US labour market comes to the fore
As expected, the Federal Reserve left its interest rates unchanged at its event on Wednesday, removing wording regarding potential rate hikes, reitera [...]
Data, FOMC should rule the sentiment
Another firm session of the Greenback put the risk complex under further pressure, sending the USD Index (DXY) to flirt with the upper end of the rece [...]
US Dollar consolidates weekly gains amid a cautious mood
Here is what you need to know on Friday, January 19:
The tech rally-led risk-on sentiment on Wall Street failed to extend in Asian trading on Friday, [...]
Strong data, rate cut bets bolstered the Dollar (again)
Another positive set of results in US key indicators lent oxygen to the upside bias in the greenback and underpinned the tighter-for-longer narrative [...]
Dollar’s rally falters near 103.70
Further reduction of bets on an interest rate cut by the Fed in March propelled the USD Index (DXY) to a new yearly high and aligned with the extra na [...]
Dollar came back roaring on rate cut jitters
As US markets returned to their daily routine, investors’ declining speculation on interest rate cuts by the Fed lent strong support to the Greenback, [...]