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
The dollar hovered near a two-month high on Tuesday as volatile oil prices and a rapid climb in Treasury yields provided support. However, gains were constrained as traders awaited US data this week for insights into the Federal Reserve’s rate trajectory. The euro traded close to its lowest point in three months at $1.1367 following Read More
The US Dollar Index posts modest gains around 100.30 on Friday as traders continue to assess the latest Federal Reserve rate hike and policy cues. On Wednesday, the US central bank opted to increase its benchmark interest rate by a quarter-percentage point, bringing it to a range of 3.75% to 4.00%. This marks the initial Read More
The potential downside for the US Dollar Index may be limited as market participants are factoring in a 60% probability of a Federal Reserve rate increase, according to the CME FedWatch Tool. Rising oil prices exacerbate inflation concerns, contributing to the mitigation of losses for the Greenback. The upcoming US CPI and PPI inflation reports Read More
The US Dollar Index faces challenges as Fed Governor Waller indicates a possible pause in interest rates, which stands in contrast to Warsh’s more hawkish stance. The likelihood of a September Fed rate hike has decreased to 50.2% in light of the recent remarks. Investors are anticipating the release of the US August payrolls data, Read More
The US Dollar Index has softened to approximately 99.40 during the early European session on Thursday. Private US companies increased employment at a pace that fell short of expectations in August. Traders will pay keen attention to the US employment data for August, set to be released on Friday. The US Dollar Index, an index Read More
