The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, pushes back on its recent decline and trades slightly below 107.00 at the time of writing on Friday.
The Greenback claws back ahead of the United States (US) preliminary Purchasing Managers Index (PMI) data release for February. European data released earlier in the day already revealed a further slowdown in the economic activity in Europe.
The US economic calendar finally offers some data releases that might move the Greenback. The preliminary S&P Global Services PMI for February will be the main driver this Friday.
Expectations are for a small uptick to 53 against 52.9 in the January reading. The University of Michigan will release its Consumer Sentiment Index and Inflation expectations as well for January's final reading.
Source: FXStreet
The US dollar index dipped to around 97.5 on Monday, retreating after a two-day advance as the euro strengthened following the weekend's US-EU trade agreement. The deal, which imposes a 15% tariff on ...
The US dollar (USD) traded with positive sentiment for the second consecutive day on Friday (July 25th), driven by upbeat US economic data and renewed optimism about trade. On Thursday, better-than-ex...
The dollar inched off two-week lows on Friday, but kept on track for its biggest weekly drop in a month, as investors contended with U.S. tariff negotiations before an August 1 deadline, while looking...
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades in positive territory for the second consecutive day around 97.55 duri...
The US dollar index slipped toward 97 on Thursday, nearing a three-week low, as progress in trade talks with major partners lifted rival currencies. Reports indicated that the US and EU are moving clo...
Oil prices rose on Monday after the United States clinched a trade deal with the European Union and may extend a tariff pause with China, relieving concerns that higher levies could have hurt economic activity and limited fuel demand. Brent crude...
Oil rose after the US and European Union agreed on a trade deal ahead of President Donald Trump's tariff deadline of Aug. 1. Brent was near $69 a barrel after closing 1.1% lower on Friday, and West Texas Intermediate traded above...
Gold prices held around $3,330 per ounce on Monday, after three consecutive sessions of declines, as the newly announced US-EU trade deal dampened demand for safe-haven assets. The US and EU reached a broad agreement on Sunday that includes a 15%...
European stocks closed mostly lower on Friday (July 25th) as markets continued to monitor the latest corporate earnings reports while awaiting the...
UK retail sales rose 0.9% month-over-month in June 2025, rebounding from a revised 2.8% drop in the previous month but missing market expectations...
The S&P 500 rose 0.4% on Friday (July 25), notching its fifth consecutive record close—its longest streak in more than a year—while the Nasdaq...
European Commission President Ursula von der Leyen said she will travel to Scotland this weekend to meet with US President Donald Trump, as both...