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Tag: Index
US Dollar Index holds gains above 97.00 as traders eye FOMC Minutes
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, remains stronger for the second consecutive day, […]
US Dollar Index steadies above 99.00 ahead of Retail Sales, PPI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is inching lower after registering modest gains […]
US Dollar Index (DXY) trims gains, dips below 98.30 in calm holiday trading
The US Dollar Index (DXY) remains marginally higher in a quiet year-end session on Wednesday. Still, the Index has given away most of the daily […]
US Dollar Index (DXY) Price Forecast: Hovering at the key 99.00 level
The US Dollar remains practically flat at the key 99.00 level on Friday after having picked up from fresh one-month lows at 98.80 on Thursday. […]
US Dollar Index rises to near 99.00 on fading Fed rate cut odds, Powell’s speech awaited
US Dollar Index appreciates ahead of Fed Chair Powell’s speech at the Jackson Hole Symposium. Fed rate cut odds ease following the US Purchasing Managers’ […]
US Dollar Index Price Forecast: Tests 98.00 support ahead of US Initial Jobless Claims
US Dollar Index may find the primary barrier at the 50-day EMA of 98.54 Short-term price momentum is weaker as DXY remains below the nine-day […]
US Dollar Index (DXY) consolidates losses below 97.50 amid renewed tariff concerns
The Dollar holds marginal gains with investors cautious amid growing trade uncertainty. Risk appetite remains subdued as the trade talks with the European Union and […]
Dollar Index remains weak as core PCE inflation rises, Personal spending fall
Dollar Index falls after the Fed’s preferred measure of inflation, the core PCE, rises in May. US Dollar continues to weaken, with the DXY nearing […]
US Dollar Index Price Forecast: Trades around 99.00 after pulling back from nine-day EMA
The US Dollar may target support at 97.91, the lowest level since March 2022. The bearish bias prevails as the RSI remains below the 50 […]