# DXY

#DXY

The U.S. dollar index (USDX) is a measure of the value of the U.S. dollar relative to the value of a basket of currencies of the majority of the U.S.’s most significant trading partners.

US Dollar Currency Yen

USD Stretches Towards Resistance: Yen, Aussie to Offer Opportunity

Talking Points: The U.S. Dollar continues to claw back towards a key resistance zone that runs from 94.08-94.30. Are we on the cusp of a bigger picture move of USD strength? It’s too...
Janet Yellen - Federal Reserve

Fed Speeches and Earnings in Focus

Earnings Season in Focus as Stocks Target New Highs US futures are pointing to another higher open on Wall Street on Wednesday, as companies prepare to report on the third quarter at...
US Dollar Currency

The US Dollar is Vulnerable, But It’s Temporarily

The US Dollar can’t manage to continue growing, and the more attempts to rise it makes, the more doubts appear that it can really rise during this particular period of market...
Bitcoin

Bitcoin hits all-time high, US CPI in focus

It has certainly been another eventful trading week for financial markets, as investors tussled with rocky Brexit negotiations, Catalonian developments and geopolitical tensions across the globe. Global stocks have displayed resilience against...
Europe

Dollar pulls back ahead of inflation data; pound rallies as EU looks to offer...

Concerns on the inflation path and questions on the future of tax plans continued to weigh on the dollar on Friday, while the pound drifted higher on reports that the UK may...
Euro Currency

EUR pricing amid low rates, QE exit

The pound has gone wild on Thursday. The GBPUSD tanked to 1.3120 as the European Union’s Chief Negotiator for Brexit Michel Barnier said the EU will start ‘internal preparatory discussions’ amid the...
Euro Dollar Currency

Dollar faces headwinds after FOMC minutes; euro rises as Rajoy sets deadline for Puigdemont

The dollar was mostly in the red against its major counterparts during the Asian session after the FOMC meeting minutes released on Wednesday indicated that Fed policymakers had doubts on the inflation path. In contrast,...
US Dollar Currency

USD down. US earnings season kicks off

Nikkei (+0.35%) and Topix (+0.20%) consolidated gains in Tokyo, as Korea’s Kospi index closed on record high for the second consecutive day. European markets opened flat. FTSE 100 traded lower in London,...
US Dollar Currency

Euro holds strong as Puigdemont delays Catalonia’s independence; dollar heavy amid concerns on tax...

The Asian session was relatively quiet on Wednesday as economic releases were limited. Following a stressful day in Spain, where Catalonia’s independence was put on hold, the euro remained strong above the 1.18-key level overnight,...
US Dollar Currency

Dollar slips further from 10-week highs, is the rally over?

The dollar index fell for a third consecutive day early Tuesday, despite markets expectations of a rate hike in December hovering near 90%. Since September 8, the index has rallied almost...
US Dollar Currency

The US Dollar reserves the right to grow

Talking Points The US Dollar is still interesting and attractive to investors, despite the statistical fluctuations. The US labor market statistics in September was surprising, but not as impressive as it...
Great British Pound Currency

Dollar holds weak amid fresh threats from North Korean peninsula; pound strengthens ahead of...

On Monday, the dollar could not recover from Friday’s losses as North Korean tensions came back to the spotlight and as liquidity was limited during the session with South Korea, Japan, and China...
Great British Pound Currency

Market Wrap Turkish lira hit hard, pound gains

The pound (+0.42%) gained against the US dollar in London despite the decent political pressure. According to latest news, PM Theresa May could reshuffle her cabinet and exclude Foreign Secretary Boris...
Bonds

The Running of the Dollar Bulls?

Not quite the running of the bulls as yet but indeed unambiguous signals are building to support the firm USD view. While the markets remain cemented within recent trading ranges, the...
Great British Pound Currency

Dollar rallies as US tax reforms head to Senate; pound tumbles to one-month low

A stream of upbeat US economic data, as well as the approval of the 2018 fiscal budget in the US on Thursday, boosted the dollar to a 7-week high on Friday ahead of the widely expected nonfarm...
US Dollar Currency

US NFP: Expect The Unexpected

Talking Points The September job report would be a good gauge to measure the output impairment The Bureau of Labour Statistics has already issued a number of warnings about the US...
US Dollar Currency

Catalan tensions ease, as markets look to US payrolls

Yesterday’s ruling by the Spanish constitutional court to suspend the Catalan parliament on Monday wasn’t entirely unexpected as the government in Madrid look to head off steps to call for independence...
US Dollar Currency

Non-farm payrolls preview: Fed unlikely to be concerned by slacker jobs growth

Will hurricanes have an impact on jobs and will the market even care? Friday’s non-farm payrolls are forecast to be weaker - something in the region of 80k-100k is expected, which would...
Australian Dollar Currency

Dollar holds strong amid rising economic confidence; aussie tumbles after retail sales shrink

On Thursday, the dollar opened higher in the Asian session, gaining from investors’ increasing confidence on the US economy, while its Australian counterpart fell sharply after underpaid consumers tightened their spending, driving retail...
US Dollar Japanese Yen

Dollar weakens on concerns over dovish new Fed chair

On Wednesday, economic market drivers were limited as the economic calendar was lacking important data. However, a final list of subsequent Fed candidates and speculations that Trump might nominate a less...
DAX

European Markets and US Futures Fragile Ahead of Fed Chair Nomination

Talking Points The rally in the dollar is petered out Spanish markets are the talking point amid investors The EZ economic data is supporting the ECB stance European markets and US futures...
Reserve Bank of Australia

Dollar bulls in charge on improved US economic outlook; aussie down after RBA policy...

On Tuesday, rising economic prospects in the US kicked the dollar higher to a 1 ½-month high against its major rivals during Asian trading, while a steady monetary policy and an unchanged...
Euro Currency

Euro dips into losses after violent Catalan independence vote; dollar gains

With markets in China, South Korea, Hong Kong and India being closed for public holidays, the dollar managed to recover from earlier losses against its peers in Asia – helped by higher US Treasury...
US Dollar Currency

Dollar steady as uncertainties on tax reforms weigh; focus on inflation

On Friday, currencies in Asia were in a quiet trade, with the dollar moving sideways near yesterday’s lows as positive sentiment on Trump’s tax proposals was fading and investors were less...
Stocks NYSE

Tax reform expectations provide a boost to U.S. equities and dollar

The S&P 500 hit a new record high on Wednesday, while Treasuries continued to sell off after President Trump announced the tax plan framework, giving the dollar another boost against its...
New Zealand Dollar Currency NZD

Dollar surges on Trump’s tax proposals; kiwi down after RBNZ releases monetary statement

In a data-quiet session, the dollar managed to extend yesterday’s gains in Asia after the US President, Donald Trump, revealed his plans on tax reforms a day before. Meanwhile, markets were scanning the RBNZ statement released...
Donald Trump

Trump tax reform hopes prompt more US records

The prospect of another US rate rise, after Fed chief Janet Yellen’s comments earlier this week, as well as the outline of a potential future tax reform plan by the Trump...
Janet Yellen

Dollar stronger on hawkish Yellen but eyes on tax plans; kiwi weak ahead of...

Fed Chair Janet Yellen, held a hawkish stance on the Fed’s rate path on Tuesday, boosting the dollar to a fresh one-month high against a basket of major currencies. On Wednesday, dollar sentiment is expected to...
Federal Reserve

Yellen pushes prospect of December hike

Yellen has cast aside the dovish tone in the Trump era as of late, as she looks to turn up the heat on markets which have been downplaying the possibility of...
US Dollar Currency

USD appreciates against all G10, EM

The risk sentiment has not fully recovered following the latest North Korean crisis and the Kurdish referendum. However, investors move away from the safe-haven holdings. Money doesn’t flow into riskier assets...

LATEST

NZD/USD: Flows Point To Downside Risk S/T On Strong Real Money Selling

New Zealand Dollar Currency NZD
Bank of America Merrill Lynch FX Strategy Research notes that its latest proprietary flows show officials selling the...

USD Stretches Towards Resistance: Yen, Aussie to Offer Opportunity

US Dollar Currency Yen
Talking Points: The U.S. Dollar continues to claw back towards a key resistance zone that runs from...

USD/JPY – Yen Under Pressure, Markets Braced for Soft Japanese Trade Surplus

US Dollar Japanese Yen
The Japanese yen has posted gains in the Wednesday session. Currently, USD/JPY is trading at 112.86, up...

Fed Speeches and Earnings in Focus

Janet Yellen - Federal Reserve
Earnings Season in Focus as Stocks Target New Highs US futures are pointing to another higher open on...

Oil rises on expected fall in U.S. inventories, geopolitical tensions

Oil Commodity
Brent oil prices rose to a three-week high on Wednesday as weekly U.S. crude inventories are expected...
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