US Dollar Index Price Prediction: Stays under 102.00, nine-day EMA

US Dollar recovers from daily lows, Trump announces Iran deal is signed

The US Dollar Index (DXY) is seeing a slight decline after starting the day with a positive gap, hovering around 102.00 during the Asian trading hours on Monday. In the short term, the outlook appears optimistic as the Dollar Index stays above the 50-day Exponential Moving Average (EMA) and is testing the nine-day EMA, which […]

S&P 500 futures show minimal movement as the index approaches a down week: Live updates

S&P 500 futures show minimal movement as the index approaches a down week: Live updates

Market Update: Futures and Global Indices S&P 500 futures remained steady early on Friday after the index enjoyed its first winning session in four days. This uptick came as investors shrugged off a recent decline in tech stocks. Futures for the broad market average were up by 0.16%, while Nasdaq-100 futures gained 0.14%. Additionally, futures […]

Dollar Index rises slightly before US inflation report

US Dollar Index stays near 99.00 because of hopes for US-Iran peace

The US Dollar (USD) has managed to recover some of the losses it experienced earlier, showing a slight increase as the release of the Consumer Price Index (CPI) data for September approaches, set to be unveiled at 12:30 GMT. During European trading hours, the US Dollar Index (DXY), which gauges the USD’s strength against six […]

US Dollar Index Price Prediction: Stays near 102.00 in an overbought area

US Dollar Index stays near 99.00 because of hopes for US-Iran peace

The US Dollar Index (DXY), which gauges the USD’s value against six prominent currencies, is maintaining its position after a slight rise the previous day, sitting around 102.10 following a retreat from almost 18-month peaks during Tuesday’s European session. Currently, the outlook is somewhat optimistic as the index remains above both the nine-day and 50-day […]

U.S. Dollar Index rises before the weekly Initial Jobless Claims report

US Dollar Index rises after strong US CPI data supports a tough Fed stance

US Dollar Index Gains for Fourth Straight Day The US Dollar Index (DXY), which tracks the US Dollar’s value against six key currencies, is on an upward trajectory for the fourth consecutive day, trading close to 101.20 during European hours on Thursday. The Greenback’s rise is fueled by a prevailing hawkish sentiment regarding the Federal […]

Dollar Index rises close to 100.70 as Fed keeps up aggressive stance

US Dollar Index climbs close to 98.00 as Fed hints at tighter policy

The US Dollar is showing signs of strength on Wednesday, with strong expectations that the Federal Reserve (Fed) will implement more interest rate hikes this year. During Asian trading, the US Dollar Index (DXY), which measures the Dollar’s value against six major currencies, rose by 0.15% to around 100.70, marking its highest level in over […]