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The Dollar was higher in N.Y. trade on Tuesday, taking the DXY to near five-month highs of 93.35, up from overnight lows of 92.90. Surging Treasury yields early in the session supported the USD, while a sharp increase in U.S. consumer confidence helped Dollar sentiment as well. Read more
The dollar rallied to a near five-month high on the measure of the narrow trade-weighted DXY index. The high is 93.17, with the DXY rising above 93.0 today for the first time since the first week of last November. The dollar's gains was concomitant with a vault higher in mid- to longer-dated Treasury yields, with the 10-year note yield rising over 5 bp from yesterday in testing the 1.770% level for the first time since January 2020. Read more
The dollar rallied to a near five-month high on the measure of the narrow trade-weighted DXY index. The high is 93.02, with the DXY rising above 93.0 for the first time since the first week of last November. The dollar's gains was concomitant with a vault higher in mid- to longer-dated Treasury yields, with the 10-year note yield rising nearly 4 bp from yesterday in testing the 1.760% level for the first time since January 2020. Read more
The Dollar firmed up modestly through the N.Y. morning session on Monday, taking the DXY from early lows of 92.72 to a 92.96 high, to levels last seen in November of last year. Aside from the Dallas Fed index, which came in better than expected, there was no data. Read more
The dollar remained firm, matching the near five-month high that was seen last were at 92.92 by the measure of the DXY index. EUR-USD concurrently reversed Friday's gain in posting a low at 1.1763, which is just 2 pips shy of the near five-month high that was seen last Thursday. Read more
The Dollar mostly took a breather on Friday following three-straight sessions of gains. Profit taking was a feature following mixed incoming data, with USD-JPY being the exception, as it posted fresh nine-month high of 109.85 on the back of risk-on conditions and firmer Treasury yields. Read more
The dollar bloc currencies returned to the outperforming lane amid a rebound in global stock markets. Oil and base metal prices also rose. The pan-Europe Stoxx 600 equity index rose over 0.5% during its morning session, while the MSCI Asia-Pacific stock index earlier rallied 1.5%, lifting out of a three-month low yesterday. Read more
The dollar bloc currencies returned to the outperforming lane amid a rebound in global stock markets. Oil and base metal prices also rose. The MSCI Asia-Pacific equity index rallied 1.5% after posting a three-month low yesterday, and U.S. stock index futures were showing gains of over 0.3% as of the early London session. Read more
The dollar advanced broadly in N.Y. trade on Thursday, getting a boost from better than expected jobless claims, and an upgrade revision to Q4 GDP. The DXY printed a fresh four-plus month high of 92.92, with the USD posting gains against most major currencies. Read more
The dollar has posted fresh highs in a continued divergence from U.S. Treasury yields, which have remained broadly stable over the last day. Global stock and commodity markets remain in turbulent waters, which has been maintaining a safe haven bid for the greenback. Read more
