US Dollar Index remains stable around 98.00 amid market caution.
The US dollar index remains stable as traders focus on rising tariff worries and Federal Reserve uncertainties. U.S. Secretary of Commerce Lutnick highlighted that August 1 is a crucial deadline, though discussions may persist. Treasury Secretary Becent has called for a reevaluation of the Federal Reserve’s role. The US Dollar Index (DXY), which gauges the […]
US Dollar Index remains stable above 98.00 as geopolitical tensions rise, CPI data expected
The US dollar index may rise owing to greater interest in safe haven assets. Trump has issued a warning to Russia about imposing “very strict” tariffs if a peace deal isn’t reached in the next 50 days. Trump announced that European partners will start purchasing American weapons for Ukraine to counter Russia’s aggression. The US […]
US Dollar Index strengthens past 97.50 as Trump reveals new tariffs
The US dollar index is expected to be around 97.80 during Friday’s Asian trading session. On Thursday, Trump announced a 35% tariff on Canadian imports starting August 1. Initial US unemployment claims dropped to a seven-week low of 227K last week. The US Dollar Index (DXY) reflects the value of the US dollar (USD) against […]
S&P 500 Today: Index Rises as Nvidia Sets New Records
Key takeout The S&P 500 climbed 0.6% on July 9, 2025, as Nvidia’s stock hit an all-time high, reaching a significant market capitalization milestone. Shares of Power Utility AES Corp. soared following news of acquisition interest from major infrastructure investors. Hershey appointed a new CEO who opted out of holding shares in the company. The […]
Dollar Index falls below 97.00 as Trump prepares to send tariff letters
The US dollar index sees a decline as traders react to Trump’s remarks and start preparing trade tariff letters to other nations. Trump’s “one big and beautiful” tax proposal includes cuts intended to facilitate House approval and spur economic growth. Strong US labor market data has reduced the likelihood of interest rate cuts by the […]
US Dollar Index drops to new lows around 96.50 before ISM Manufacturing PMI data
US Dollar Index Sees Its Lowest Point Since March 2022 The US Dollar Index hit a low of 96.62 on Tuesday, marking its lowest level since March 2022. Uncertainty around future policy decisions in July is expected to challenge the dollar. President Trump has criticized Chairman Jerome Powell for being “too late” regarding interest rate […]
Dollar Index stays low as core PCE inflation increases, personal spending decreases
The dollar index declined following the increase in Core PCE, which is the inflation measure favored by the Fed, in May. The US dollar remains weak, with the DXY nearing Thursday’s low of 97.00. The Michigan Consumer Sentiment Index and its expectations offer insights into consumer perspectives on the current economic conditions. The US Dollar […]
Dollar Index Stays Close to Important Long-Term Support. Can Bulls Maintain Their Position?
Dollar’s Struggles and Market Reactions It’s precarious right now. The U.S. dollar is at risk of falling to its lowest point in three years. If it does, we might be looking at a whole new dynamic in the currency market. The dollar has been on a downward trend, staring at a three-day decline. The U.S. […]
S&P 500 futures remain mostly stable as the index approaches its all-time peak: Live updates
Market Update: S&P 500 Slightly Rises A trader is seen working on the New York Stock Exchange floor in New York City on June 5, 2025. The S&P 500 saw a minor increase on Wednesday, aiming to get closer to its all-time high. It rose by about 0.2%, while the Nasdaq Composite climbed 0.6%. On […]
US Dollar Index Price Outlook: Bearish sentiment stays consistent around 98.00
The US dollar index is expected to drop to around 97.90 during the early European trading sessions on Wednesday. The negative outlook for the index is highlighted by it trading below the 100-day EMA and having a bearish RSI indicator. Initial support is anticipated at 97.75, while immediate resistance is seen at 99.16. The US […]