The dollar index (DXY00 ... allows time for patience from the Fed. In addition, war jitters in the Middle East have hammered stocks today and increased liquidity demand for the dollar.
The dollar's upside momentum was broken, though follow-through dollar selling today has been limited. It is narrowly mixed, with the Swiss franc and euro leading the G10 with 0.15-0.20% gains.
That, Chandler says, triggered a selloff "before profit-taking emerged," as markets digest the Fed's communication. The WSJ Dollar Index rises 0.3%. The greenback strengthens 0.7% versus the pound ...
The dollar index (DXY00) on Friday rose by +0.72% and posted a 5-1/4 month high. The divergence between the Fed and ECB is boosting ... Friday and increased liquidity demand for the dollar.
SINGAPORE--The dollar was broadly steady on Wednesday ... Powell’s comments further squashed any lingering expectations of the Fed cutting rates in the near term, with markets pricing in ...
The only way to weaken the dollar at the moment, would be a rate cut or more QE. Since the Fed says QE is off the ... If he is right, dollar depreciation boosts growth in four ways.
The dollar is headed for its biggest rally in over a year on expectations US interest rates will stay high for longer and as investors pile into the haven currency amid escalating tensions in the ...
"Yesterday's Fed message was more dovish than investors expected," analysts at Peak Trading Research said. Commodity markets are getting a boost from a softer dollar and better growth prospects in ...
In the trade-war years China has found ways to sidestep all kinds of US-imposed constraints on its economy — from curbs on the latest mobile-phone chips to Iran oil sanctions. But even Beijing ...
The CME Group's FedWatch indicates the Fed will hold its benchmark rate steady at between 5.25% and 5.5% next month in Washington, with the odds of a June rate cut now pegged at just 24.3%.