The US Dollar (USD) lacked directional momentum this week amid geopolitical and local uncertainty. On the one hand, the United States (US) President Donald Trump continued threatening Iran with military interventions, taking down the tone by the week’s end, but noting that all options are still on
The US Dollar (USD) is drifting higher this week, supported by firm economic data and a slightly higher Federal Reserve (Fed) terminal rate, with Dollar Index (DXY) gradually approaching the 100 level, BBH FX analysts report.
US Dollar (USD) retreated slightly after probing yesterday its highest level since December 2, BBH FX analysts report.
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.15% lower to near 99.20 during the European trading session on Friday, ahead of an extended weekend in the United States (US), correcting from its six-week high of 99.50 posted the previous day.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is edging lower after registering modest gains in the previous session. The DXY is trading around 99.30 during the Asian hours on Friday.
The US Dollar Index is trading near the 99.35 price region, trimming half its gains late in the American session on Thursday, supported by encouraging United States (US) data.
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades marginally higher to near its monthly high at 99.25.
US Dollar (USD) is mixed near this week’s highs. The run of Goldilocks-type US economic data continues to offer USD support. Consumer spending activity is holding up well.
The USD edged lower without clear catalysts.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.15 during the early European session on Thursday. The weekly US Initial Jobless Claims report will be published later on Thursday.
US inflation came in softer than consensus and notably below our own expectation of a 0.4% month‑on‑month core reading.
December’s softer-than-expected US core CPI suggests tariff-driven inflation pressures may be fading, but shutdown-related distortions leave markets confident the Fed will hold rates steady in January, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.
Markets have started to rethink some of their USD-bearish Fed independence bets, following several pushbacks against the Department of Justice's probe into Jerome Powell from Republican lawmakers.
US Dollar (USD) has stabilized following yesterday’s dip triggered by heightened political threat to the Fed’s independence.
Dow Jones futures edge lower by 0.09% to near 49,750 during the European session on Tuesday, while S&P 500 and Nasdaq 100 futures decline 0.08% and 0.14% to near 7,010 and 25,920, respectively.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains after registering modest losses in the previous session. The DXY is hovering around 99.00 during the early hours on Tuesday.
The US Dollar Index (DXY), a gauge of the Greenback’s performance against six major currencies, edges lower on Monday as growing concerns over the Federal Reserve's (Fed) independence weigh on sentiment. At the time of writing, DXY trades around 98.73, down nealy 0.41% on the day.
Markets have started the week with something of a jolt after Fed Chair Powell revealed in a statement Sunday evening that the central bank had been served with grand jury subpoenas.
Markets await the announcement of the next Federal Reserve Chair, with limited USD impact so far as the FOMC is expected to provide balance against a potentially dovish appointee.
The Federal Reserve (Fed) has received grand jury subpoenas from the Justice Department regarding Jerome Powell’s June congressional testimony about renovations at the Fed’s headquarters, ABN AMRO's Senior Economist Rogier Quaedvlieg reports.
Heightened political threat to the Federal Reserve's (Fed) independence roil markets. The US Dollar (USD), long-term Treasuries and US equity futures all fell while gold prices hit new record highs.
The US Dollar’s (USD) steady rise was disrupted after Fed Chair Jerome Powell revealed grand jury subpoenas from the Justice Department, raising fears over potential threats to the Fed’s independence and triggering a sell-off in equities, Treasuries, and the USD.
Dow Jones futures fall by 0.52% to around 49,450 during the European session on Monday, while S&P 500 and Nasdaq 100 futures decline 0.58% and 0.82% to near 6,960 and 25,720, respectively.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is halting its four-day winning streak and trading around 99.00 during the Asian hours on Monday.
The US Dollar Index (DXY) extends gains for the fourth consecutive day on Friday, reaching levels right above the 99.00 level for the first time in the last four weeks.
US Dollar (USD) continues to power forward against all major currencies underpinned by a modest upward adjustment to US rate expectations. A run of Goldilocks-type US data has helped anchor rate expectations in favor of USD, BBH FX analysts report.
This week has so far sent conflicting US macro signals: good ISM services, acceptable ADP, and bad JOLTS. Challenger job cuts released yesterday dropped significantly in December, but that’s partly due to the concentration of large corporation layoffs in previous months.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its winning streak for the fourth successive session. The DXY is trading around 98.90 during the Asian hours on Friday.
The US Dollar (USD) is tracking generally firmer against the major currencies but gains are less apparent for the DXY as the EUR, CHF and JPY are essentially holding up and trading little changed on the session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
US Dollar (USD) is up against most major currencies, with the Dollar Index (DXY) closing in on its next resistance level at the 200-day moving average. A break above would add upside momentum.