USD

Has the FOMC Pushed the USD Index Off the Cliff Below $92?

USD Index may find itself below $92 soon if the FOMC's dovish statement induces greater selloffs. Sign up to find…

Aug 28, 2020, 16:08 BST

US Dollar Index Rises As FOMC Changes Inflation Targeting Strategy

The US Dollar is being offered across the board, as the FOMC Chairman Jerome Powell, has announced a new inflation…

Aug 27, 2020, 15:20 BST

Core Durable Goods Orders Cranks Up the US Dollar Index

The US Dollar Index has been able to reverse yesterday's losses and is trading higher after a stellar durable goods…

Aug 26, 2020, 14:21 BST

Battering of US Dollar Index Resumes as Consumer Confidence Remains Downbeat

US Dollar sentiment continues to suffer. Not even the CFTC Positioning Report, which shows that institutional investors are gradually unwinding…

Aug 25, 2020, 20:24 BST

US Dollar Index Breaks Jinx: Set for First Weekly Gain Since June 2020

The US Dollar Index looks set to break the losing jinx that has beset it for the past nine weeks,…

Aug 21, 2020, 18:39 BST

Morning Brief: Dollar Index (DXY) Slides as Dow Jones and DAX Index Futures Rise

US futures are in the green, fuelled by strong demand for software-related companies and a weaker dollar. Futures tied to…

Aug 21, 2020, 07:05 BST

Why is the US Dollar Index Still Struggling to Climb Above 94.00?

The US Dollar index gained massively yesterday following the release of the FOMC minutes. However, this gain was short-lived, and…

Aug 20, 2020, 17:03 BST

Ripple Price Corrects as the USD Bounces Back from the Lows

Ripple price unable to push higher and is in danger of forming a double top at 0.32. The rejection so…

Aug 20, 2020, 11:56 BST

Morning Brief: Global stocks in the red amid spiking US Dollar Index

Global stocks are in the red today as investors reflect on the minutes by the Federal Reserve. In the U.S.,…

Aug 20, 2020, 07:43 BST

Morning Brief: S&P 500 hits new record high amid sliding Dollar Index

The S&P 500 index climbed to its highest level ever yesterday, even as investors continue to worry about the state…

Aug 19, 2020, 07:23 BST

US Dollar Index Free Fall Pauses Ahead of FOMC Minutes – What Next?

The US dollar index (DXY) is slightly in the green today after tumbling to its lowest level in two years…

Aug 19, 2020, 06:36 BST

Dollar Index in Free Falling – Is It Too Late to Sell the Dollar?

The pain in the Dollar index is close to unbearable to bulls. Ever since the Fed opened its swap lines…

Aug 18, 2020, 11:04 BST