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

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

US Dollar Index Rises Amid Fed Signals The US dollar index (DXY), which gauges the value of the dollar against six major currencies, has climbed for the second consecutive day, trading around 97.80 during Asian market hours on Thursday. The dollar’s strength is attributed to hawkish signals from the Federal Reserve and the growing belief […]

Consumer Price Index rises 3.6% year-over-year in December, as anticipated.

Consumer Price Index rises 3.6% year-over-year in December, as anticipated.

In December, Australia’s consumer price index (CPI) showed a year-on-year increase of 3.6%, slightly up from a revised figure of 3.5% (previously 3.4%), as reported by the Australian Bureau of Statistics (ABS) on Wednesday. This aligns with market expectations of a 3.6% growth rate for the period. For December, the RBA trimmed average CPI rose […]

‘Snowmageddon’: ‘Ted Cruz Index’ could forecast a harsh winter storm for DC

'Snowmageddon': 'Ted Cruz Index' could forecast a harsh winter storm for DC

Sen. Ted Cruz Heads to Florida as Winter Storm Approaches D.C. Republican Senator Ted Cruz from Texas boarded a flight to Florida on Tuesday, just before a major snowstorm was set to impact Washington, D.C. In the capital, residents are busy stocking up on groceries, with store aisles being cleared out this weekend in anticipation […]

US Dollar Index Outlook: DXY Stays at 98.80 Ahead of US GDP as EUR/USD, GBP/USD Pause

US Dollar Index Outlook: DXY Stays at 98.80 Ahead of US GDP as EUR/USD, GBP/USD Pause

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