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The dollar has traded firmer for a second day, rebounding from recent underperformance, which had been a reflection of the Fed's aggressive actions to satiate demand for dollars. More broadly, global markets have settled in what are comparatively narrowly ranges by recent standards. Read more
The dollar has traded firmer for a second day, rebounding from recent underperformance, which was a reflection of the Fed's aggressive actions to satiate demand for dollars. More broadly, global markets have settled in what are comparatively narrowly ranges by recent standards. Read more
The Dollar index bounced modestly in N.Y. on Monday, after getting hammered lower last week. The DXY rallied from opening lows of 98.92 to 99.31 highs. The USD touched its worst levels of the day following the Dallas Fed index, which plunged to -70.0 from 1.2, on the back of coronavirus and cratering oil prices. Read more
The dollar has traded steady-to-firmer against the other main currencies so far today. Influenced by a 0.5% decline in EUR-USD, the narrow trade-weighted USD index (DXY) lifted to a 98.98 high, over 60 pips up on Friday's closing level and setting the index up for its first daily gain since last Monday. Read more
The dollar has traded steady-to-firmer against the other main currencies so far today. Influenced by a 0.5% decline in EUR-USD, the narrow trade-weighted USD index (DXY) lifted to a 98.92 high, over 50 pips up on Friday's closing level and setting the index up for its first daily gain since last Monday. Read more
The Dollar index fell to near two-week lows in N.Y. on Friday, sliding from 99.80 to 98.51. The USD lost ground to all major currencies, as unwinding of safe-haven Dollar flows continued to reverse the gains seen in thew prior two-weeks. It was risk-off through the session, as COVID-19 cases in the U.S. Read more
The dollar declined and then recovered some of its losses, which saw the narrow trade-weighted USD index (DXY) print a nine-day low at 99.15 before recouping levels back above 99.50 . At the lows, the index was showing a correction of 3.2% from the 38-month high that was seen last week, which can be credited to the Fed's ultra aggressive dollar printing activity. Read more
The dollar declined and then recovered some of its losses, which saw the narrow trade-weighted USD index (DXY) print a nine-day low at 99.15 before recouping levels back above 99.40 . At the lows, the index was showing a correction of 3.2% from the 38-month high that was seen last week, which can be credited to the Fed's ultra aggressive dollar printing activity. Read more
The Dollar was lower across the board in N.Y. trade on Thursday. The unwinding of huge flows seen into the USD over the past couple of weeks related to virus related safe-haven buying has been driven by huge Fed stimulus, and the passing of the Congressional virus aid package. Read more
Dollar weakness emerged as the dominant theme in currency markets, even against the commodity currencies amid a risk-off backdrop, while managed to rebound from weakness seen during the early part of Asia-Pacific session trading today. AUD-USD, for instance, printed a two-day low at 0.5780 in Sydney before recouping a big figure to a 0.5881 high. Read more
