U.S. Dollar Index Surges on First Trading Day of 2024 as Investors Await Economic Data

U.S. Dollar Index Surges on First Trading Day of 2024 as Investors Await Economic Data

Supported by higher U.S. bond yields,dollar indexUp on the first trading day of 2024. Meanwhile, investors are awaiting the latest U.S. employment data and European inflation data for clues about central bank policy. In late New York trading on Tuesday (2nd), ICE tracked the U.S. dollar against six major currencies. dollar index (DXY) rose about … Read more

China’s Foreign Exchange Market Sees Second Highest Increase in Foreign Holdings of Local Bonds

Beijing, December 16, 2023 (Xinhua) – Official data issued by the National Foreign Exchange Authority last Friday showed net increases in foreign holdings of local bonds amounting to 33 billion US dollars during the month of November, the second highest number in the country’s history. Wang Chunying, deputy director and spokeswoman of the aforementioned authority, … Read more

Calm before the next currency storm? These events can cause chaos on FOREX! EUR/PLN, USD/PLN, CHF/PLN, GBP/PLN exchange rates – forecasts | FXMAG INVESTOR

Calm before the next currency storm?  These events can cause chaos on FOREX!  EUR/PLN, USD/PLN, CHF/PLN, GBP/PLN exchange rates – forecasts |  FXMAG INVESTOR

fot. freepik.com Last week exchange rate EURPLN increased to 4.3292 (PLN weakening by 0.2%). Last week, the zloty exchange rate was characterized by limited volatility, which was supported by a poor calendar of macroeconomic events. However, we saw a clear downward trend in the case of course EURUSD, which was a continuation of the trends … Read more

〈New York Forex Market〉 Fed officials expressed dovetails as the U.S. dollar index fell to a more than three-month low and the euro rose above 1.1 U.S. dollars | Anue Juheng-Forex

〈New York Forex Market〉 Fed officials expressed dovetails as the U.S. dollar index fell to a more than three-month low and the euro rose above 1.1 U.S. dollars | Anue Juheng-Forex

After dovish comments from Federal Reserve officials,dollar indexIt fell to a three-month low on Tuesday (28th). Investors believe that U.S. economic growth has begun to slow since entering an aggressive tightening cycle last March, which should prompt the Federal Reserve to ease monetary policy at some point next year. According to CME’s FedWatch tool, U.S. … Read more

The market is betting that the Fed will cut interest rates in the first half of next year and the U.S. dollar will have its worst monthly performance in a year | Anue Juheng-Forex

The market is betting that the Fed will cut interest rates in the first half of next year and the U.S. dollar will have its worst monthly performance in a year | Anue Juheng-Forex

dollar indexIt fell on Monday (27th) and was at a nearly three-month low. Suppressed by expectations that the Federal Reserve may start cutting interest rates in the first half of next year,dollar indexThis month is expected to post its largest monthly decline in a year. In late New York trading, ICE tracks the dollar against … Read more

The market is betting that U.S. interest rates have peaked and DXY fell back for two consecutive weeks | Anue Juheng-Forex

The market is betting that U.S. interest rates have peaked and DXY fell back for two consecutive weeks | Anue Juheng-Forex

The United States earlier reported that business activity was stable in November, but private sector employment fell, in line with market expectations for an economic slowdown in the fourth quarter.dollar indexIt fell on Friday (24th), closing in the black for the second consecutive week. In late New York trading, ICE tracks the dollar against six … Read more

U.S. unemployment benefits fell more than expected, and the U.S. dollar index rebounded for two consecutive days | Anue Juheng-Forex

U.S. unemployment benefits fell more than expected, and the U.S. dollar index rebounded for two consecutive days | Anue Juheng-Forex

After the U.S. reported a larger-than-expected decline in initial jobless claims last week,dollar indexIt rose on Wednesday (22nd), continuing the trend of the previous day and rebounding from a two-and-a-half-month low. In late New York trading, ICE tracks the dollar against six major currencies. dollar index (DXY) rose 0.32% to 103.89. The U.S. Department of … Read more

〈New York Forex Market〉The U.S. dollar index hits a more than two-month low and the yen continues to rebound against the U.S. dollar | Anue Juheng-Forex

〈New York Forex Market〉The U.S. dollar index hits a more than two-month low and the yen continues to rebound against the U.S. dollar | Anue Juheng-Forex

dollar indexIt fell to a more than two-month low on Monday (20th), continuing last week’s decline. Investors generally believe that the Federal Reserve (Fed) has completed its interest rate hike cycle and are looking forward to when it will start cutting interest rates. In late New York trading, ICE tracks the dollar against six major … Read more

Calm Economic Agenda: Bank of England’s Huw Pill Appearance, Update on New Chinese Lending, and US Government Debt Auction in Focus

Calm Economic Agenda: Bank of England’s Huw Pill Appearance, Update on New Chinese Lending, and US Government Debt Auction in Focus

fot. depositphotos.com Monday, September 11 – Appearance of Pill, member of the Monetary Policy Committee (MPC) of the Bank of England – China – New loans – United States – 3-year public debt auction (T-Note) Read also: Collapse of the Euro Dollar (EURUSD): market outlook and recommendations for investors, how many dollars is the euro … Read more

Analysis of Euro (EUR), Dollar (USD), Franc (CHF), and Pound (GBP) Exchange Rates and Inflation in June

Analysis of Euro (EUR), Dollar (USD), Franc (CHF), and Pound (GBP) Exchange Rates and Inflation in June

fot. We check what’s next with the euro (EUR), dollar (USD), franc (CHF) and pound (GBP) Inflation in the US slowed down in June stronger than expected, clearly limiting expectations for an increase in stthe Fed in September. The result was a significant weakening of the dollar – course €/US$ wzreight almost to 1.1150. These … Read more