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See the latest news, articles and videos for the US Dollar Index. Read more US Dollar Index (DXY) Price Today, Forecast, Charts & News The US Dollar Index (DXY) is a measure of the value of the United States dollar relative to a basket of foreign currencies. The Index is designed to provide a reliable and timely measure of the U.S. dollar's performance in the foreign exchange markets. Read more US Dollar Index News | DXY News | US Dollar Index Chart Stay up-to-date with the latest US Dollar Index news and analysis. Get the latest US Dollar Index (DXY) news, analysis and quotes. Follow the DXY price and get the latest US Dollar Index news on our DXY page. Read more US Dollar Index News, Analysis and Chart – TradingView The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, often referred to as a basket of US trade partners' currencies. Read more US Dollar Index News – Investing.com The US Dollar Index (USDX) is an
Spot gold (XAU/USD) is steady near 2567.79 after rebounding from a two-month low of 2530, impacted by the strong US dollar and Jerome Powell’s recent speech. The US Dollar Index (DXY) reached a year-to-date high, bolstered by persistent inflation, a robust labour market, and Powell’s optimistic comments describing the US economy as "remarkably strong." This outlook strengthens the USD while weighing on gold due to its non-yielding nature.
Dollar regained its dominance in the currency markets last week, surging ahead despite U.S. Treasury yields struggling to break through resistance levels. Investors continued to adjust their expectations for Fed's monetary policy, increasingly anticipating a slower pace of interest rate cuts with fewer adjustments in the coming year. This shift in sentiment was also reflected amplified by the late selloff, which provided additional support for the greenback. However, with the Dollar Index now sitting inside a critical resistance zone, the currency may face significant hurdles in sustaining its upward momentum.
US Retail Sales and the inflation data came in higher than expected last week, and the Federal Reserve (Fed) Chair Jerome Powell said that the US economy is strong enough and that there is no urge for rushing to rate cuts. The US 2-year yield consolidated between the 4.30 and 4.40% level, the 10-year yield shortly spiked to 4.50% and the US dollar index traded at the highest levels in more than a year. The US yields and the dollar are softer this morning. Yet activity on Fed funds futures still gives around 65% chance for a 25bp cut in December, hinting that there is room for a further hawkish adjustment for December bets. Even if the next jobs data disappoints, rising US inflation expectations will likely tame the expectation of further rate cuts. This is especially true with Trump’s pro-growth policies and hefty tariffs threatening to give an additional boost to inflationary pressures.
The US Dollar (USD) printed a fresh two years high, pushing the DXY US Dollar Index above 108.00, after Purchasing Managers Index (PMI) data for the Eurozone signaled that the region could be on the brink of a recession. The data weighed
The greenback has surged to a fresh two-year peak today in an extremely volatile move, with the DXY Dollar Index testing the 108.00 level. This surge comes on the heels of disappointing soft data readings from the Eurozone and the UK, which have dampened