Forex Market Overview
Wed, May 1st, 2024
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Dollar Slides and Gold Jumps as Powell Downplays a Fed Rate Hike
Barchart - Wed May 1, 2:32PM CDT
The dollar index (DXY00 ) Wednesday retreated from a 2-week high and fell by -0.35%. The dollar today gave up early gains and turned lower as bond yields dipped from weaker-than-expected US economic news...
Markets are Mixed After FOMC
Barchart - Wed May 1, 10:06AM CDT
The S&P 500 Index ($SPX ) (SPY ) is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.23%. The market is mixed the FOMC was...
Dollar Slightly Weaker as Bond Yields Dip Before the FOMC Meeting
Barchart - Wed May 1, 9:36AM CDT
The dollar index (DXY00 ) this morning fell back from a 2-week high and is down -0.05%. The dollar today gave up early gains and turned lower as bond yields dipped from weaker-than-expected US economic...
Stocks Fluctuate After FOMC Decision
Barchart - Wed May 1, 8:59AM CDT
The S&P 500 Index ($SPX ) (SPY ) is up +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.47%. The FOMC was released this afternoon...
Dollar Rallies Ahead of an Expected Hawkish FOMC Wednesday
Barchart - Tue Apr 30, 2:35PM CDT
The dollar index (DXY00 ) on Tuesday rose to a 1-week high and finished up by +0.60%. The dollar rallied Tuesday after T-note yields jumped when the US Q1 employment cost index rose more than expected,...
Stocks Weaken as Rising US Wage Costs Curb Fed Rate Cut Expectations
Barchart - Tue Apr 30, 10:05AM CDT
The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.19%. US stock indexes...
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