The dollar edged up from near its lowest levels of the month at the start of trading in Asia on Monday as violent protests in France put pressure on the euro. The euro declined by 0.1% to $1.1225 as trading commenced in Asia. The largest component of the dollar index, the decline of the common Read More
The US Dollar Index may experience a rebound toward the nine-day EMA of 102.07. The 14-day Relative Strength Index at 57.40 indicates a favourable and constructive bullish momentum. The DXY may further decline toward the 50-day EMA of 100.87. The US Dollar Index, which measures the value of the US Dollar against six major currencies, Read More
The dollar slipped from an 18-month peak on Thursday as a sharp drop in Treasury yields amid a risk-off mood weighed on the greenback, while cautious remarks from Federal Reserve officials tempered October hike expectations despite hot inflation data. The dollar index, which measures the US currency against a basket of peers, fell 0.2% to Read More
The dollar languished on Wednesday as traders awaited fresh signals regarding the timing of interest rate hikes to address ongoing inflationary pressures. The greenback weakened from an 18-month high in the previous session as oil prices eased and investors reassessed the AI-fueled rally that has supported demand for US assets. The euro maintained its gains Read More
The dollar retreated in Asian trade on Tuesday following a holiday in certain US markets, while bond yields and oil prices experienced a decline, coinciding with a downturn in global stocks. The US dollar index, reflecting the greenback’s strength against a basket of six currencies, declined by 0.2% to 102.39, faltering as it neared its Read More
The dollar maintained its position close to its strongest level in a year and a half during early Asian trading on Monday, as a rising Middle East conflict prompted caution among investors ahead of significant US inflation data later this week that is expected to impact monetary policy. Oil prices fluctuated, experiencing both gains and Read More
The US dollar index saw little movement on Friday, hovering at 102.1, but it was still on course for a weekly rise of over 0.2%. This was the fourth week in a row that the index had increased, sending the US dollar to its highest level since April 2025. Investors maintained their evaluation of developments Read More
In Asia, trade was relatively quiet on Thursday, but the dollar remained at its highest level in 18 months as hawkish minutes from the US Federal Open Market Committee indicated that policymakers saw inflation as the largest threat to their outlook. Following a 0.3% increase on Wednesday, the dollar index remained unchanged at 102.25, indicating Read More
The US dollar continued to trade at a lower level on Wednesday, following a reduction in stress within European bond markets. Market participants are now focused on the upcoming release of Federal Reserve minutes and speeches from its policymakers, seeking indications regarding a possible rate hike. The euro experienced its most significant increase in seven Read More
The US Dollar Index may be on the verge of reaching a nearly 18-month high of 102.53, as noted on Monday. The 14-day Relative Strength Index at 75.6 indicates that the asset is currently in overbought territory. The primary support is positioned at the lower boundary of the ascending wedge, approximately 101.70. The US Dollar Read More
