US Dollar Index (DXY) holds steady under 97.50 due to fresh worries about tariffs
The dollar is seeing slight gains, but investors are feeling cautious due to rising trade uncertainties. Risk appetite remains limited as trade discussions between the European Union and Japan have stalled. DXY is up 0.15% from Monday’s low, yet still 1% lower than last week’s peak. The US dollar is trading moderately higher against its […]
Mid-Week Forex Analysis for DXY, EURUSD, GBPUSD, XAUUSD
Forex Market Update The Forex market is preparing for more trade announcements, with today’s FOMC minutes adding to the anticipation. Overall, the outlook seems quite positive for the upcoming days. If you’re interested in trading, check today’s Forex Reviews for insights on DXY, EurUSD, GBPUSD, and XAUUSD. US Dollar Index (DXY) Forecast This week, the […]
US Dollar remains steady as NFP approaches, DXY stuck in a narrow band beneath important resistance
Following better-than-expected non-farm payroll (NFP) data for June, expectations for interest rate hikes and cuts have eased regarding the US dollar. The US economy added 147,000 jobs in June, while the unemployment rate unexpectedly dropped to 4.1%. While the US-Vietnam trade deal has eased some tensions, negotiations continue ahead of the July 9 deadline. The […]
Price forecasts for 6/23: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
Key Points The recent bounce in Bitcoin to over $100,000 highlights the commitment of buyers to the overall bullish trend. Selected altcoins have fallen below their support levels, indicating potential further declines ahead. Bitcoin (BTC) has surpassed the significant psychological level of $100,000, but the durability of this bullish trend remains to be seen. Arthur […]
US Dollar Index (DXY) stabilizes near 100.35, approaching a low not seen in over a week
The USD faces continued challenges in gaining solid footing on Tuesday. Anticipation for additional interest rate cuts from the Fed keeps USD buyers cautious. Relief over potential US recession helps deter aggressive short-selling of the USD. The US Dollar Index (DXY), which measures the dollar against a selection of currencies, is fluctuating around 100.35 during […]
US Dollar Forecast: DXY Gains, EUR/USD Drops as U.S. Jobs Data Boosts Fed Pause Case – FX Empire
The index is holding steady above its 50-day moving average of 106.812, confirming a strong intermediate uptrend. The 200-day moving average of 104.557 provides long-term support. DXY rose 0.44% to 109.640, its highest since November 2022, and its sixth straight week of gains, the longest since 2023. Strong payroll data fuels dollar momentum The Labor […]
Price analysis 1/06: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX – Cointelegraph
Bitcoin (BTC) will exceed $100,000 for the first time in 2025. Continued purchases by the largest Bitcoin holders may have boosted prices. MicroStrategy disclosed on January 6 that it purchased 1,070 Bitcoins between December 30 and 31, 2024 for $101 million at an average price of $94,004. With the latest purchase, the company's holdings increased […]
US Dollar Forecast: Bullish DXY Outlook as Treasury Yields Climb, Gold Prices Slip – FX Empire
subscribe to notifications Important disclaimerThe content provided on the website includes general news and publications, our personal analysis and opinions, and content provided by third parties for educational and research purposes only. This does not constitute, and should not be read as, a recommendation or advice to take any action, including investing or purchasing any […]
Bitcoin risks 'exit pump' on 3-month DXY highs as BTC price hits $68K – Cointelegraph
Bitcoin (BTC) orbited $68,000 on October 16, after hitting an 11-week high on Wall Street's open market. BTC/USD 1 hour chart. Source: TradingView BTC price hovers near 11-week high Cointelegraph Markets Pro and TradingView It signaled a resumption of the BTC price rally as the bulls moved above the previous day’s leverage-driven “fakeout” peak. The […]
US Dollar (DXY) Index News: Greenback Slips as PCE Data Sparks Rate Cut Hopes – FX Empire
PCE report meets expectations The Federal Reserve’s (Fed) favorite inflation measure, the PCE price index, rose 0.1% month-on-month and 2.5% year-on-year in June, in line with consensus expectations. Core PCE, which excludes food and energy, rose 0.2% month-on-month and 2.6% year-on-year, also in line with expectations. These figures suggest that inflation is gradually declining but […]