The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is slowly moving higher and recovers above the 107.00 level on Wednesday, with traders seeing the DXY well positioned amidst all tariff and geopolitical headlines. Overnight, United States (US) President Donald Trump said that car tariffs will be around 25%, and that pharmaceutical and semiconductor imports will be added to the same scheme by April.
President Trump tried to deflect the rather unsuccessful first day of negotiations between Russia and the US officials on a peace deal on Ukraine, lashing out at the latter and retaining that it is Ukraine's fault a deal has not been made and probably will be difficult to make.
Regarding the economic calendar, all eyes shift to the Federal Open Market Committee (FOMC) Minutes from the Federal Reserve's (Fed) January policy meeting.
The Minutes could provide some support for the US Dollar, which has been softening due to weaker US Yields. A rather hawkish Minutes could jack up US rates again, phase out chances or odds on interest rate cuts for 2025, and see a stronger Greenback as the end result.
Source: FXStreet
The US Dollar Index (DXY) held steady around 99.50 during the Asian session on Friday (October 31st). The greenback's movement was slight as market expectations for a Fed interest rate cut strengthene...
The US dollar traded higher for the second consecutive day against a basket of currencies. The greenback strengthened sharply on Wednesday, following hawkish comments from Fed Chairman Jerome Powell, ...
The dollar weakened slightly after hitting a two-week high on Wednesday, fueled by cautious signals from the Federal Reserve regarding the possibility of further interest rate cuts. The US central ban...
The US dollar moved steadily, tending to strengthen slightly on Wednesday, October 29, 2025, after briefly touching its weakest level in about a week. The dollar index (DXY), which measures the greenb...
The dollar index was little changed around 98.8 on Tuesday, as traders avoided making major moves ahead of the FOMC meeting, with the Federal Reserve widely expected to announce another 25-basis-point...
Silver prices stabilized around $48.8 per ounce on Monday (November 3rd) after experiencing high volatility last week. Investors are now focused on the Federal Reserve's policy outlook after the Fed cut interest rates by 25 basis points last week....
The Japanese yen remains under pressure against the strengthening US dollar, reaching its lowest level since last February. Markets remain uncertain about when the Bank of Japan (BoJ) will raise interest rates, while Japan's new Prime Minister,...
Gold prices fell below $4,000 an ounce early in the Asian session on Monday (November 3rd) after China ended a long-standing tax break for some retailers. This new policy could depress demand in the world's largest gold market, which had been...
European stocks edged lower on Friday (October 31st), with the STOXX 50 and STOXX 600 down 0.1%, as corporate earnings remained in focus and...
Federal Reserve Bank of Dallas President Lorie Logan said she does not support the U.S. central bank's decision to cut interest rates this week and...
The Nasdaq Composite rose 0.7% and the S&P 500 gained 0.3% on Friday, led by a 10.8% surge in Amazon shares after the company said cloud revenue...
Asian stock markets moved mixed on Monday, November 3, 2025. Japan led the gains: the Nikkei 225 remained near its record high of around 52.4...