New York currency market

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

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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

〈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

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〈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

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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

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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

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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

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〈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