Tag Archives: usd index

CB Consumer Confidence Index declined modestly in May. The US Dollar Index stays in positive territory above 104.00. The US Dollar Index clings to small daily gains slightly above 104.00 after this report. Consumer sentiment in the US weakened slightly in May with the Conference Board’s Consumer Confidence Index edging …

A two-day rally on Wall Street began on Friday as a result of larger-than-expected results from the tech sector. Amid renewed worries about First Republic Bank and the gloomy outlook for global growth, the optimistic mood may, however, not last long. The incoming economic data will be eagerly watched, but …

S&P Global Composite PMI increased to 53.5 (flash) from 52.3 in March, indicating that the private sector of the US economy continued to grow at a brisk rate in April. This figure was higher than the 52.8 market forecast.In the same time, the S&P Global Manufacturing PMI increased to 50.4 …

The USD/CAD pair finished the week lower around 1.3700 but far from the bottom. Next week, the key report from the Canadian economy will be February’s Consumer Price Index (CPI) on Tuesday. The kiwi was among the biggest gainers despite weak New Zealand Q4 GDP data. TheAUD/USD had the best …

USD Index weakens further post US Payrolls data. The Dollar Index extends its deflation to 3-day lows near 104.60. US yields drop further in the wake of the US jobs report. The US economy created more jobs than initially estimated in February.The dollar now loses further ground and breaks below …

Gold price outlook has deteriorated by extremely hawkish Fed Powell’s comments on Tuesday. S&P500 retreated on the prevalent dismal market mood as more rates from the Fed do a lot to confirm a US recession. At the time of writing, gold is trading at 1812.63 per ounce. The Gold Index …

US stocks rallied on Friday to mark another winning week fueled by better-than-expected economic growth and a pop in Tesla shares. The dollar index is now nearing a range that could lend support to the S&P 500, The USD Index latest reading is 101.922 versus the previous closing at 101.818.Key …

The US Dollar Index (DXY) has experienced a quick decline toward the 200-Day Moving Average at 105/104.60 which is also the low previously recorded last August. A break below the current level would open up next potential supports at 103 and 101.90/30 according to analysts.Daily MACD is within deep negative …

Britain’s economy contracted in the three months to September at the start of what is likely to be a prolonged recession, adding to the challenges facing Chancellor Jeremy Hunt as he prepares to raise taxes and cut spending. Official data on Friday showed Britain’s economy shrank 0.2 percent in the …

Significant events dominated price action across global financial markets last week, including Fed’s rate decision and US NFP data, namely the most important events of the monthFOMC Decision, US Rate Hike The Fed raised interest rates by 75 points last week, bringing the accumulative key rate to 4.00%, after raising …