Tag Archives: Dollar Index

In an effort to break a two-day downturn, the price of gold is slightly bid lately. Treasury bond rates rise as a result of easing bank problems, but not all bond bears are siding with XAU/USD bulls. The hesitation of Federal Reserve policymakers to support rate increases boosts the risk-on …

Gold prices fell on Monday after the rise in stocks undermined the yellow metal’s attractiveness as a safe haven, while investors were assessing the steps taken by the authorities to allay fears of a crisis in the global banking system. Spot gold fell 1.4 percent to $1,949.99 an ounce by …

In spite of lower yields supporting gold, the US dollar has increased and is now weakening the Gold Index (XAU/USD). Geopolitical concerns are causing central banks to raise their gold holdings, according to a recent report. At the time of writing, the price of XAU/USD is $1,979.64.\ After halting in …

After falling to a 7-week low of 101.91, the US Dollar Index (DXY) rises 1.58%. The DXY hit a daily low of 102.50 before trading as of this writing at 103.094. The DXY is neutrally biassed on the daily chart because it is still above the 100.85 2023 low. The …

During the American session, US yields decreased even more. US 2-year yields decreased to 4.95% and 10-year yields to 3.92%. The US Dollar suffered from the falling rates. The DXY dropped to 105.20 for the second day in a row. The retreat of the Greenback is still a correction from …

EUR/USD pair is stuck in a range and awaits major data this week. Traders will have both Eurozone and US economic calendar to potentially find catalysts that will move the EUR/USD.EUR/USD is moving sideways during the US holiday, the pair seems reluctant to leave Friday’s price range. The Euro has …

The US Dollar Index hit lowest level in almost three weeks on Fed’s dovish hike. The Federal Reserve’s decision came in line with 0.25% rate hike expectations but the dovish signals came in Jerome Powell’s remarks about easing inflation in the United States, these signals were most welcome by DXY …

The dollar rose on Thursday, buoyed by a sharp rise in US Treasury yields after the Federal Reserve indicated that interest rates are likely to reach a peak higher than current investor expectations, while the pound fell ahead of its monetary policy meeting. for the Bank of England. On Wednesday, …

The US Dollar Index can explain Tuesday’s “hanging man” candlestick pattern to record mild losses ahead of the key FOMC’s policy decision on Wednesday.The US Dollar Index (DXY) renews its intraday low around 111.40, mildly offered while extending the previous day’s losses, as traders await the result of FOMC meeting …

The dollar could continue rallying until the end of the global economic slowdown and growth starts to accelerate again, according to Citigroup Global Markets Inc. Until this happens, the dollar is the now obvious safest haven, as it offers a yield premium over its global rivals and peers. “What we …