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Tag: US Dollar Index

Gold gains 0.67% in late session, but geopolitical strife keeps it above $2,600 despite monthly losses. Escalation in Russia-Ukraine conflict and Middle East tensions underline Gold's safe-haven appeal. Market optimism grows for a 25 bps Fed rate cut...
The US Dollar off the lows for this Friday with markets nervous on France's budget talks possibly toppling the government. Monday's opening might get choppy if French Prime Minister Michel Barnier is unable to secure a...

Breaking: US core PCE inflation edges higher to 2.8% in October as expected

Inflation in the US, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, edged higher to 2.3% on a yearly...

Crude Oil holds on to gains ahead of the weekly API release

Israel has agreed in principle to the ceasefire proposal from the US, with the document now under consideration for Hezbollah to sign.  President-elect Donald Trump...

Gold closes week above $2,700, US PCE data in Focus

Gold prices rally 1.50% on Friday, boosted by a decrease in US 10-year Treasury yields to 4.40%. Escalating geopolitical concerns, including potential expansion of the...

Mexican Peso slips after Retail Sales data and risk aversion

Mexican Peso falls against the US Dollar amid continued geopolitical concerns and disappointing local data. US Dollar Index reaches a new year-to-date high of 107.06. Banxico...

Pound Sterling jumps as UK inflation accelerates more than expected

The Pound Sterling rises sharply after the UK inflation data for October came in hotter than expected. Hot UK inflation data could diminish the odds of...

US Dollar eases five-day winning streak on profit-taking

The USD retreated on Friday after hitting yearly highs near 106.60. The market has responded to Fed Chair Powell's comments with odds of a December...

Mexican Peso surges as Banxico lower rates, more expected

Mexican Peso on the offensive, boosted by Banxico’s decision. Banxico reduces its key rate to 10.25%, citing progress in the disinflation process despite higher inflation...

Pound Sterling Price News and Forecast: GBP/USD dips to 1.2700, ignores BoE’s hawkish comments

GBP/USD Price Forecast: Dips to 1.2700, ignores BoE’s hawkish comments The Pound Sterling registers losses against the US Dollar in early trading during the North American session, sponsored...

Mexican Peso plunges to new yearly low amid strong US Dollar

Mexican Peso tanks as USD/MXN rises over 1.50% weekly, reaching new yearly highs. US Dollar Index climbs as Treasury yields jump, boosting Greenback strength. Mexican economic...

US Dollar trims part of NPF-inspired losses, remains pressured

The US Dollar recovered modestly after a discouraging Nonfarm Payrolls report sent it sub-104.00.  The steady unemployment rate and the uptick in hourly wages have...

US Dollar loses value after GDP, and ADP data

US Dollar dips despite October ADP employment data showing private sector payrolls increased by 233K, surpassing expectations. Q3 US GDP growth of 2.8% falls short...

US Dollar trims gains with US yieds retreating ahead of a data-busy week

US Dollar corrects lower on Monday with the market bracing for a data-packed week in the US. Hopes of gradual Fed easing and speculation of...

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