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The dollar picked up amid a backdrop of rising stock markets in Asia, which was sparked by respective 30.1% y/y and 38.1% y/y surges in Chinese exports and imports in March -- data affirming a post-pandemic turnaround, with China benefiting from both a 'first in first out' status and a rebound in global activity. Read more
After losing ground overnight, the Dollar was steady through the N.Y. session, albeit near recent lows. The DXY bottomed at 92.01, just above Thursday's better than two-week low of 92.00. Traders appeared to have been largely sidelined through the session, waiting on Tuesday's key March U.S. Read more
The dollar has traded mixed so far in early-week trading, firming against the euro and dollar bloc but losing ground to the yen and pound. The narrow trade-weighted DXY dollar index logged an intraday peak at 92.33, 8 pips shy of its pre-weekend high, before ebbing back to near net unchanged levels. Read more
The dollar has been trading firmer in early-week trading, though has remained below Friday's high by the measure of the narrow trade-weighted DXY index, which has logged an intraday peak at 92.33, 8 pips shy of its pre-weekend high. EUR-USD edged out a low at 1.1939, returning focus on the 18-day low that was seen last week at 1.1900. Read more
FX trade was quiet in N.Y. on Friday, though the Dollar, after edging higher early, later lost ground. Hotter than expected March PPI, and accompanying higher Treasury yields lifted the Greenback early in the session, though the DXY later faded to near lows of the week on light profit taking into the weekend, perhaps driven by yields coming off their highs into the close. Read more
The dollar has rebounded after printing fresh lows yesterday, which has been concomitant with the 10-year U.S. Treasury yield vaulting back above 1.670% after yesterday posting a two-week low just under the 1.630% mark. The DXY dollar index lifted to a rebound high of 92.33 from the 17-day low that was logged at 92.0. Read more
The dollar has steadied after printing fresh lows yesterday, which has been concomitant with the 10-year U.S. Treasury yield lifting back above 1.650% after yesterday posting a two-week low just under the 1.630% mark. The DXY dollar index has lifted to around 90.30 from the 17-day low that was logged at 92.0. Read more
The Dollar was mostly lower in N.Y. trade on Thursday, leaving the DXY at near three-week lows of 92.00, down from 92.30 ahead of the open, and 92.48 highs in Asia. Disappointing weekly jobless claims weighed on the USD, as did softening Treasury yields. Read more
The dollar has remained above yesterday's lows, as measured by the DXY index, which printed a 16-day low at 92.14 yesterday. The index since clocked a rebound high at 92.50 before ebbing back towards 92.20. At the same time, the 10-year U.S. Treasury yield has remained several basis points above yesterday's lows, though the short-dated yields edged fractionally lower after both Fed members and the release of the FOMC minutes reaffirmed, in no uncertain terms, the ongoing dovish lean at the central bank. Read more
