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The news and analysis archive

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The news and analysis archive
5
Dec

Wall Street Movers: Salesforce and Meta Gain; Snowflake...

The USDX (Dollar Index) showed a strong bounce on Thursday, rising 0.21%, but struggles to capitalize on that gain and is trading with a mild negative bias near the 99.00 mark duri...

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4
Dec

Dollar Plunges on Weak ADP Payrolls; Japan 225 Soar on ...

The USDX (Dollar Index) showed significant weakness on Wednesday, falling -0.46% as it retreated from its lowest level since late October. Conversely, Gold met fresh supply and dec...

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3
Dec

Hassett Fed Chair Speculations Drive Markets; Focus on ...

The USDX (Dollar Index) trades lower near 99.20 during the Asian session on Wednesday, having fallen -0.08% on Tuesday. The dollar is under consistent pressure due to growing expec...

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2
Dec

Crypto-Related Stocks Under Pressure; Hawkish BOJ Expec...

The USDX (Dollar Index) currently trades flat near 99.45 during the early European session on Tuesday, after dropping sharply on Monday only to recover before the end of the day, c...

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1
Dec

In the week ahead: ISM Manufacturing PMI, Core PCE Pric...

The USDX finished -0.67% lower last week, extending its downtrend, while Gold surged 3.7% higher to trade near a six-week high this Monday. The primary driver for these opposing mo...

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28
Nov

Asian Markets Mixed on China Property Fears, Focus Shif...

The USDX, which measures the value of the US Dollar, held steady and was almost unchanged on Thursday, trading near 99.60 during Friday's Asian session after three straight days of...

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27
Nov

US & Asian Indices Supported by Tech, AI Stocks Surge (...

The USDX is under pressure, trading near 99.45 during Thursday's early European session, reflecting a 0.21% drop on Wednesday. The dollar's decline is extending toward its largest ...

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26
Nov

Gold Rallies and Tech Stocks Advance Ahead of US Data D...

The USDX is under pressure, trading near 99.60 during Wednesday's Asian session, reflecting a 0.14% drop on Tuesday. The dollar's decline extends as softer-than-expected US economi...

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25
Nov

Markets Turn to Key US Data (PPI, Retail Sales) & Geopo...

The USDX (renamed from DXY), which measures the value of the US Dollar (USD) against a basket of six major currencies, is under pressure near 100.15 during Tuesday's Asian trading ...

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24
Nov

In the Week Ahead: Focus on US PCE and GDP Data

The USDX is trading around 100.20 during Monday's Asian session, halting its recent winning streak despite posting a 0.93% increase over the last week. The dollar's current struggl...

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21
Nov

Global Tech Sell-Off Hits Asian Indices Hard; AI Valuat...

The USDX, is trading slightly lower near 100.15 during the Asian trading hours on Friday, consolidating after an advance of 0.10% higher on Thursday. The previous day's movement wa...

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20
Nov

Markets Cautious Ahead of Non-Farm Payrolls and Unemplo...

The USDX extended its winning streak for the fifth successive session and is trading around 100.30 during the Asian hours on Thursday, after advancing 0.57% on Wednesday. The US Do...

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19
Nov

USDX Firms Ahead of FOMC Minutes, Tech Sector Cautious ...

The USDX is trading with mild gains around 99.60 in Wednesday’s early Asian session, after ending Tuesday almost unchanged. The dollar is firming as traders wait on the sidelines a...

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18
Nov

Nvidia and Retail Giants Take Center Stage in US Corpor...

The USDX traded on a flat note around the 99.55 level in Tuesday’s Asian session, maintaining stability as traders await the resumption of US economic reports. Fed officials, meanw...

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17
Nov

Nvidia Earnings & Delayed NFP Report Dominate Week's Fo...

The USDX is trading higher on Monday, hovering around the 99.5 level after having moved -0.24% lower last week. The dollar is firming as investors temper expectations for an immine...

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14
Nov

AI Sell-Off Triggers Global Stock Retreat; December Rat...

The USDX posted modest losses near 99.15 in Friday's Asian session after moving 0.3% lower on Thursday. The dollar is declining as traders brace for the release of a backlog of US ...

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13
Nov

Markets Brace for Post-Shutdown Reports; Asia Mixed Ahe...

The USDX is trading in positive territory around 99.50 in Thursday's Asian session, after closing almost unchanged on Wednesday. The dollar is gaining ground after the record-long ...

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12
Nov

SoftBank's Nvidia Stake Sale Hits Tech; Focus Shifts to...

The USDX is trading with mild gains around 99.55 in Wednesday's early Asian session, despite having moved -0.14% on Tuesday. The dollar's upside is capped by expectations that the ...

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11
Nov

US Tech Rally Lifts Global Equities; Gold Rises on Dovi...

The USDX is struggling for bullish conviction and is holding steady above the mid-99.00s on Tuesday, after moving -0.10% on Monday. Despite progress in the Senate toward ending the...

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10
Nov

In the week ahead: Core US CPI and PPI, US Retail Sales

The main US equity indices retreated on Friday, with indices testing new lows before managing to close near flat for the day. The market decline was fueled by two primary factors: ...

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