US Dollar Index remains steady above 98.00 before ISM Services PMI
The US Dollar Index is steady as key economic data approaches. Traders are anticipating ADP employment figures, weekly unemployment claims, and the ISM services PMI on Thursday. The CME FedWatch tool indicates a near certainty regarding the September 25 tax rate baseline. The US Dollar Index (DXY), which tracks the dollar’s performance against six key […]
Coinbase combines cryptocurrency and technology stocks in new futures index
Coinbase to Launch New Futures Product for Stock and Crypto Exposure Coinbase is gearing up to introduce a new product that will allow users to trade US technology stocks, associated funds, and futures products—all under a single agreement. The company announced that starting September 22, it will launch the Mag7 + Crypto Equity Index Futures, […]
US Dollar Index rises towards 98.50 amid careful sentiment
The US Dollar index rose to approximately 98.40 during the early hours of trading in Asia on Wednesday, marking a 0.11% increase that day. A cautious sentiment and geopolitical tensions are aiding DXY’s rise. An anticipated increase in the Fed rate might minimize expectations, while uncertainties around trade could lessen the US dollar’s advantages. The […]
US Dollar Index rises above 97.50 before the release of US ISM Manufacturing PMI
The US dollar index is expected to rise to approximately 97.80 during early Tuesday trading in Asia. Ongoing geopolitical tensions are driving safe-haven demand, which is supportive of the US dollar. Speculations about potential rate cuts by the Fed might diminish the benefits for DXY. The US Dollar Index (DXY), which measures the USD against […]
US Dollar Index rises close to 98.00 before PCE Price Index data
The US Dollar Index is progressing alongside the US economy, which saw growth in the second quarter. Headline PCE is anticipated to increase by 2.6% year-over-year, while core PCE is predicted to rise 2.9% in July. Concerns regarding the Federal Reserve’s independence have intensified following comments from US Vice President Vance about the end of […]
S&P 500 Movements Today: Index Surpasses 6500 Following Nvidia Earnings; Hormel Declines
Key takeout The S&P 500 rose by 0.3% on August 28, 2025, reaching a new record following Nvidia’s earnings announcement and a positive revision of US GDP growth. Shares of Datadog, a provider of business monitoring software, showed strong performance amidst growing interest in AI technology. Hormel Foods experienced a significant drop in stock value […]
US Dollar Index falls close to 98.00 as caution surrounds upcoming US PCE inflation report
The US Dollar Index is experiencing some downward pressure as it approaches the release of July’s US PCE inflation data on Friday. There’s a generally high level of confidence among traders that the Fed will lower interest rates during its meeting in September. New York Fed President Williams emphasized the importance of analyzing economic data […]
S&P 500 Today: Index Reaches All-Time High Before Nvidia Earnings
Key takeout The S&P 500 saw a modest increase of 0.2% on August 27, 2025, reaching a new record as investors prepared for Nvidia’s upcoming revenue announcement. Albemarle’s stock climbed after UBS upgraded its rating, signaling a more favorable outlook for lithium prices. Paramount Skydance stock dropped, with analysts expressing concerns over the company’s ability […]
US Dollar Index approaches 99.00 as expectations for Fed rate cuts decrease, attention on Powell’s speech
The US Dollar Index gained from Powell’s speech at the Jackson Hole Symposium. Odds of a Fed rate cut shifted following US purchasing manager index and unemployment claims data. Cleveland Fed President Hammack noted there are no current cases for cutting interest rates. The US Dollar Index (DXY), which tracks the dollar’s value against six […]
US Dollar Index remains stable above 98.50, with attention on Jackson Hole Symposium
The US Dollar Index is expected to stay steady around 98.65 during Friday’s Asian trading session. In August, the US experienced an uptick in combined PMI, driven mainly by a recovery in manufacturing. Later on Friday, attention will be on a speech by Federal Reserve Chairman Jerome Powell. The US Dollar Index (DXY), which assesses […]