The US Dollar Index has experienced a decline, settling at approximately 99.50 during the Asian session on Monday. US retail sales decreased by 0.6% month-over-month in July, following a 0.2% increase in June. Discussions between the US and Iran aimed at addressing the Middle East conflict continue to be at an impasse. The US Dollar Read More
The US Dollar Index has experienced a decline, settling at approximately 99.90 during the Asian session on Friday. The US PPI inflation remained stable in July, bolstering expectations that the Fed will abstain from increasing interest rates in the upcoming month. Fed’s Barkin stated that a rate hike remains a ‘open question.’ The US Dollar Read More
The US Dollar Index extends its recovery to 99.85 from Friday’s lows at 99.41. Waning hopes for a rapid peace agreement in Iran, coupled with assertive remarks from Federal Reserve officials, have given a renewed impetus to the USD. Bulls must surpass the 100.00 threshold to validate a more substantial correction. The US Dollar Index Read More
Trump issued a “last chance” diplomacy warning to Iran; however, Tehran promptly dismissed the proposal. Iranian military leadership has issued threats to foreign warships, asserting their refusal to allow a second corridor in the Strait. Fed Official Williams expressed confidence that current interest rates are appropriately set to reduce inflation to 2%. The US Dollar Read More
The dollar maintained its strength on Tuesday as markets anticipated signals, expected later this week, regarding the possible timing of rate cuts by the Federal Reserve. The yen reduced its losses from the previous day as disappointing Japanese economic data heightened expectations for increased government stimulus measures. The Australian dollar dipped following the publication of Read More
A challenging year for the U.S. dollar is concluding with indications of stabilization; however, numerous investors anticipate that the currency’s downward trend will continue next year as global growth accelerates and the Fed implements further easing measures. The U.S. dollar has experienced a decline of over 9% this year against a basket of currencies, marking Read More
