October 13, 2023
Via: DailyFXThe U.S. dollar, as measured by the DXY, embarked on a furious rally on Thursday after hotter-than-expected U.S. September inflation data sent Treasury yields sharply higher and increased the likelihood that the Fed will deliver another quarter-point rate hike at […]
March 23, 2023
Via: DailyFXGold prices surged on Thursday amid U.S. dollar weakness after the FOMC delivered a dovish interest rate hike and signaled that its tightening campaign may be nearing its end. In late morning trading, XAU/USD was rallying about 1% to $1,986, […]
August 31, 2020
Via: Market WatchGold futures traded around break-even levels on Monday as the U.S. dollar weakened slightly heading into the last trading session in August. Bullion continues to be viewed as a haven in the face of the COVID-19 pandemic, and the precious […]
August 19, 2020
Via: Market WatchGold prices fell on Wednesday as the U.S. dollar halted its skid and as commodity investors watch for minutes from the Federal Reserve’s July policy meeting, which could provide further insights on the central banker’s outlook for the U.S. and […]
Capital and Risk, Macroeconomic
August 19, 2020
Via: CNBCFederal Open Market Committee members expressed concern at their latest meeting over the future of the economy, saying that the coronavirus likely would continue to stunt growth and potentially pose dangers to the financial system. At the July 28-29 session, […]
June 4, 2020
Via: Market WatchGold futures rose on Thursday, with prices getting a boost from some weakness in the U.S. stock market and the dollar, as investors digested policy actions by the European Central Bank. The ECB, as expected, boosted the size of its […]
March 19, 2020
Via: Market WatchGold prices recovered some ground Thursday, after seeing the lowest levels of the year, as governments and central banks made moves to support the global economy, which has suffered under the spread of the COVID-19 pandemic. Recent losses in global […]
March 21, 2019
Via: Market WatchThe 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 […]
February 13, 2019
Via: Market WatchThe 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 […]
February 6, 2019
Via: Market WatchU.S. dollar bulls are alive and well despite a lot of negative talk about the currency, according to data compiled by TD Securities in an effort to bridge the gap left by a lack of positioning data from the Commodity […]
September 12, 2018
Via: Market WatchDespite 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 […]
August 2, 2018
Via: Market WatchThe 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 […]
June 15, 2018
Via: Market WatchThe leading dollar index hit a seven-month high Friday, boosted by lingering U.S. economic optimism, even as global markets braced for the next round of trade jabs between economic powerhouses China and the U.S. The still largely disparate interest-rate policy […]
May 24, 2018
Via: Market WatchThe U.S. dollar declined on Thursday, pulling back from a 2018 high on renewed trade-war jitters after the Trump administration said it was investigating whether to slap import tariffs on cars. Meanwhile, the British pound gained strength on the back […]
Activity, Capital and Risk, Liquidity, Trading
May 17, 2018
Via: Market WatchGold futures dropped Thursday, deepening their descent below the key $1,300 line, after falling this week to their lowest point of the year. ”The firm U.S. dollar and rising U.S. bond yields are continuing to exert pressure,” said Carsten Fritsch, […]
March 16, 2018
Via: Market WatchThe 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 […]
January 30, 2018
Via: Market WatchThe 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. […]
December 8, 2017
Via: Market WatchThe 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. […]
November 28, 2017
Via: Market WatchThe U.S. dollar added to previous gains against its major rivals on Tuesday, as traders braced for remarks from Jerome Powell, the Federal Reserve official nominated to take the baton from Chairwoman Janet Yellen when her term ends in February. […]