US Dollar Index tumbles to 97.00 ahead of Fed’s policy announcement
The US Dollar (USD) starts the Federal Reserve’s (Fed) monetary policy week on a negative note. The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies,…
Read More »US Dollar Index drops to near 98.00 amid caution ahead of US PCE inflation data
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.12% lower to near 98.00 during the Asian trading session on Thursday.
Read More »US Dollar Index holds steady as markets digest Trump’s Iran deadline and Fed rate path
The US Dollar Index (DXY) is trading sideways on Friday, holding above 98.00, as markets digest this week’s key geopolitical and monetary policy developments.
Read More »Is This The Market Crash I Have Been Waiting For?
In this video, I cover a ton of different views and outlooks on the markets, such as precious metals, energy, bonds, currencies, and more. I feel we are inching closer…
Read More »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
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