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Tag: Dollar


Capital and Risk, Liquidity

USD Price Forecast: Dollar Index (DXY) Bid on Fed Speak

April 21, 2023

Via: DailyFX

The Dollar Index (DXY) has managed to trade marginally higher this Friday morning as we enter the European session. In what has been a muted Asian session, the greenback has found support from hawkish Fed speak last night. The Fed’s […]


Capital and Risk, Liquidity

USD Breaking News: Dollar Finds Support After Strong Durable Goods Release

June 27, 2022

Via: DailyFX

Durable goods orders are used as a barometer for the U.S. economy by measuring industrial activity. This economic indicator represents new order data from U.S. manufacturers for higher value goods that are said to last over three years. Increasing durable […]


Capital and Risk, Liquidity

GBP/USD Price Forecast: Pound Rebound – How Long will it last?

April 14, 2022

Via: DailyFX

On Tuesday and Wednesday we saw US and UK headline measures of inflation (inclusive of fuel and food which tend to exhibit the most volatile price changes) which both beat expectations. Upward surprises in inflation data seems to be the […]


Capital and Risk, Liquidity

GBP/USD Dragged Lower by Weak Retail Sales, Ongoing Political Turmoil

January 21, 2022

Via: DailyFX

The political pressure on UK PM Boris Johnson continues unabated with media reports that Boris Johnson knew that the Downing Street party he attended was a social event and not a work event, implying that he lied to Parliament. The […]


Capital and Risk, Liquidity

Gold Prices Gained as US Dollar and Treasury Yields Fell. Will XAU/USD Keep Rising?

December 17, 2021

Via: DailyFX

Gold prices closed above a 3-week high on Thursday. The anti-fiat yellow metal continued to gain ground in the aftermath of this week’s Federal Reserve monetary policy announcement. There, the central bank doubled the pace of tapering asset purchases, opening […]


Activity, Trading

Dollar takes back chunk of post-Fed losses

March 21, 2019

Via: Market Watch

The U.S. dollar climbed in early Thursday trading, retracing some of its losses from the previous session that it incurred after the Federal Reserve reiterated its dovish monetary policy stance. The U.S. central bank cut its expectations for 2019 interest-rate […]


Activity, Trading

Dollar inches higher ahead of U.S. inflation data for January

February 13, 2019

Via: Market Watch

The U.S. dollar resumed a climb against many of its rivals early Wednesday after a brief period of jerky trading, as market participants digested reports surrounding Brexit, as well as updates from global central banks and myriad economic data, including […]


Activity, Investment Banking

Dollar heads lower at start of busy central bank policy week

December 17, 2018

Via: Market Watch

The dollar slipped versus it major rivals on Monday as investors got ready for a flurry of monetary-policy decisions in a data-heavy week. The ICE U.S. Dollar Index DXY, -0.25% which measures the greenback against a basket of six rivals, […]


Activity, Trading

Gold slips as dollar strengthens, U.S. stock market climbs

October 29, 2018

Via: Market Watch

Gold prices pulled back Monday as strength in the dollar and U.S. stock market dulled investment demand for the precious metal. Still, gold remained within striking distance of the multimonth highs grazed last week when equities were rocked lower and […]


Capital and Risk, Liquidity

Case for dollar bulls intact ahead of central bank meetings

September 12, 2018

Via: Market Watch

Despite a muted start to the month, the bull case for the U.S. dollar remains intact as the Federal Reserve is seen blazing ahead in raising interest rates, leaving other central banks behind. Net long positions in the U.S. dollar […]


Activity, Trading

BOE rate hike not enough to lift British pound versus dollar

August 2, 2018

Via: Market Watch

The Bank of England’s interest-rate hike wasn’t enough to lift the British pound into positive territory versus the U.S. dollar on Thursday. The U.K. central bank upped its benchmark rate by 25 basis points to 0.75% in an unexpectedly unanimous […]


Capital and Risk, Liquidity

Dollar holds after data-fueled climb, heads for fourth weekly gain in a row

March 16, 2018

Via: Market Watch

The U.S. dollar held on to its gains after climbing higher in the wake of stronger-than-expected economic data, reversing a previous loss that had the buck trading at a nine-day low. This move also led to some of its rivals […]


Capital and Risk, Liquidity

Dollar trims losses as euro’s GDP-inspired boost fades

January 30, 2018

Via: Market Watch

The U.S. dollar pared earlier losses on Tuesday as the trading day marched on and the euro gave up some of the gains it achieved on the back of strong economic growth data. What are currencies doing? The ICE U.S. […]


Activity, Capital and Risk, Liquidity, Trading

Dollar slumps for 5th-straight day to lowest since September

January 2, 2018

Via: Market Watch

The dollar slumped on Tuesday, the first full trading day of 2018, with a key dollar index falling for a fifth-straight session to trade at a more than three-month low as traders pondered what’s next for interest rates and the […]


Activity, Trading

Currencies: Dollar sees choppy trade after payrolls data

December 8, 2017

Via: Market Watch

The U.S. dollar saw volatile trading after the release of nonfarm payroll data, which beat consensus estimates, while average hourly wage data disappointed. What are currencies doing? The ICE U.S. Dollar Index DXY, +0.28% was last up 0.2% at 93.950. […]