SELECT LANGUAGE BELOW

US Dollar Index remains below 101.00 as inflation decreases in April.

The US Dollar Index is encountering difficulties after the release of lower-than-anticipated US inflation data. The consumer price index increased by 2.3% in April, falling just short of the 2.4% forecast based on March figures. President Donald Trump characterized his relationship with China as excellent. The US Dollar Index (DXY), which monitors the US dollar’s […]

US Dollar Index falls as the Fed keeps rates steady and cautions about economic risks

The Fed maintains a patient approach, keeping rates steady despite rising inflation and labor concerns. Powell highlights uncertainty, stating the future rate path remains ambiguous. The US dollar index rebounds to 99.60 following the Fed’s statements. Powell strikes a measured tone, which helps bring the US dollar index up to 99.60. Initially, the US dollar […]

US Dollar Index stays below 100.00 before ISM Services PMI – FXStreet

The US dollar index is holding steady as speculation around the US trade situation grows. Trump has indicated that trade talks with China are still in progress, though there are no direct discussions planned for this week. Trump also stated he won’t try to replace Federal Reserve Chairman Jerome Powell before his term is up […]