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Sat, Dec 21st, 2024
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Dollar Falls Sharply on Dovish US PCE Inflation Report
Barchart - Fri Dec 20, 2:36PM CST
The dollar index (DXY00 ) on Friday edged to a new 2-year high but then fell back and ended the day down -0.72%. The dollar was undercut by the US PCE deflator report, which was dovish for Fed policy...
Dollar Falls on Dovish US PCE Inflation Report
Barchart - Fri Dec 20, 9:59AM CST
The dollar index (DXY00 ) today edged to a new 2-year high but then fell back and is currently down -0.32%. The dollar was undercut by the US PCE deflator report, which was dovish for Fed policy and caused...
GBP/USD Volatility Persists Amid Diverging Monetary Policies
Zaye Capital Markets - Fri Dec 20, 4:33AM CST
The Bank of England (BoE) and the U.S. Federal Reserve (Fed) continue to implement divergent monetary policies, which has resulted in an increase in volatility for the GBP/USD pair. The market's cautious...
Dollar Climbs on Reduced Fed Rate Cut Expectations
Barchart - Thu Dec 19, 2:44PM CST
The dollar index (DXY00 ) Thursday rose by +0.36% and posted a 2-year high. The dollar recovered from early losses Thursday and moved higher on better-than-expected US economic news. The dollar also had...
Dollar Jumps to a 2-Year High on a Hawkish Fed
Barchart - Wed Dec 18, 2:42PM CST
The dollar index (DXY00 ) Wednesday rose by +1.04% and posted a 2-year high. The dollar rallied Wednesday after the FOMC signaled only 50 bp of interest rate cuts next year, down from a September projection...
Dollar Slightly Higher Before Fed Rate Decision
Barchart - Wed Dec 18, 9:45AM CST
The dollar index (DXY00 ) today is trading slightly higher on speculation the Fed will signal a pause in its rate-cutting cycle after cutting rates by -25 bp today. Higher T-note yields today are also...
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