Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
US Dollar: Trade tariffs to reshape FX volatility â MUFG
Derek Halpenny at MUFG explains that US trade tariff uncertainty is set to re-emerge as Section 122 measures expire and are replaced by more targeted Section 301 actions.
Dow Jones futures slip as traders adopt caution on US-Iran tensions
Dow Jones futures lose 0.30% to trade around 52,290 during European trading hours on Wednesday. Meanwhile, S&P 500 futures and Nasdaq 100 futures decline 0.38% and 0.85%, trading near 7,520 and 29,070, respectively.
US Dollar Index Price Forecast:Â Softens to near 101.00, while technicals remain bullish
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 101.10 in the early European trading hours on Wednesday.
United States Dollar Index weakens to near 101.00 despite mounting Middle East tensions
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 101.15 in the Asian trading hours on Wednesday. The DXY declines amid US Federal Reserve (Fed) rate uncertainty.
Forex Today: US Dollar rises as Middle East tensions lift Oil
The US Dollar (USD) advances on Tuesday as escalating tensions between the United States (US) and Iran push energy prices higher and revive concerns that inflation could remain elevated. The Greenback also benefits from safe-haven demand despite softer US inflation and employment indicators.
United States Dollar Index hits one-week high as US-Iran tensions intensify
The US Dollar Index (DXY) extends its gains on Tuesday as renewed tensions between the United States and Iran show no signs of easing, boosting demand for the safe-haven Greenback.
US President Trump: âWeâre not finished at all with Iranâ
United States (US) President Donald Trump said during a press conference at the White House on Tuesday that Washington could intensify its military campaign against Iran, including possible strikes on the underground Pickaxe Mountain site.
Dow Jones Industrial Average rebounds on earnings as Trump trades one war for another
The Dow Jones Industrial Average (DJIA) climbs around 340 points, or 0.7%, on Tuesday, snapping a three-day slide that has pulled the index away from the early July record just above 53,300.
Canadian Dollar retreats as new US tariff threat, softer inflation weigh
USD/CAD trades on the front foot as tensions in the Middle East keep the US Dollar (USD) firmly bid, while the Canadian Dollar also faces pressure from renewed trade frictions with the United States.
US ADP Employment Change 4-week average drops to 16.5K
Private-sector hiring in the US has further cooled in early July. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 16.5K jobs per week in the four weeks ending July 4.
Dow Jones futures rise as diplomatic signals ease Middle East tensions
Dow Jones futures gain 0.29% to trade around 52,220 during European trading hours on Tuesday. Meanwhile, S&P 500 futures and Nasdaq 100 futures advance 0.44% and 1.12%, trading near 7,520 and 29,100, respectively.
AUD/USD Price Forecast: Further upside likely towards 0.7100
The Australian Dollar (AUD) outperforms its major currency peers, trading 0.28% higher to near 0.7018 against the US Dollar (USD) during the European trading session on Tuesday.
United States Dollar Index holds ground near 101.00 amid rising safe-haven demand
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining in the positive territory and trading around 101.00 during the Asian session on Tuesday.