Forexlive Americas FX news wrap 31 May: US PCE doesn’t scare. Yields lower. US down and up
Hamas says they view US Pres. Biden’s proposal for a cease-fire as positive S&P cuts France to AA- to AA US stocks rebound into the close. Highlights for next week:…
Read More »Forexlive Americas FX news wrap 3 May: US jobs report weaker than expectations this month.
Major US indices close higher for the day and the week What key earnings are on the calendar for the week starting May 6 Oil falls $5.50 on the week…
Read More »US Dollar closes a winning week as hawkish bets on the Fed on March rise
The US Dollar (USD) rose to 103.90 on Friday’s Dollar Index (DXY) chart, mainly fueled by a promising labor market report that has convinced markets a March rate cut is…
Read More »US Dollar weakened after mixed S&P PMIs, focus shifts to PCE figures from October
The US Dollar (USD) is receding on Friday with the DXY index, which measures the value of the US Dollar versus a basket of global currencies, declining toward 103.45 on…
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How to Trade Forex Using the DXY (US Dollar Currency Index!)
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Read More »US Dollar DXY declines below the 20-day SMA, closes the week with losses
The US Dollar (USD) measured by the US Dollar Index (DXY) oscillates between gains and losses in the 106.15 area, trading below the 20-day Simple Movi
Read More »US Dollar Index: US Holiday may prod DXY bulls above 104.00, risk catalysts eyed
US Dollar Index (DXY) seesaws around 104.25-30 during a sluggish start of the week’s trading, mainly due to the US Labor Day Holiday and a light calen
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Accurate market analysis covering Bitcoin, DXY, and S&P 500. Was my analysis correct from 1 month ago and where do I think prices are heading next? This is not financial…
Read More »US Dollar Index: Could a double bottom at the weekly chart drive the DXY to 111.000?
The US Dollar Index (DXY), a basket of six currencies against a basket of peers, snaps three days of straight losses and climbs 0.56% as the New York
Read More »US Dollar Continues to Get Punished as Traders Feel No Need for Safety as Stocks Soar
Traders continued punishing the US Dollar amid a lack of reason for safety as the Dow Jones, S&P 500 and Nasdaq 100 soared on Thursday. Will DXY confirm its worst…
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