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FX News and Commentary

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Sun, Sep 22nd, 2024
Dollar Gains on Yen Weakness and Higher T-Note Yields

The dollar index (DXY00 ) Friday rose by +0.11%. The dollar on Friday posted moderate gains in weakness in the yen after the BOJ refrained from tightening monetary policy. Also, the stock weakness on...

DXY00 : 100.723s (+0.11%)
GCZ24 : 2,646.2s (+1.21%)
SIZ24 : 31.505s (+0.26%)
^USDJPY : 143.899 (+0.89%)
^EURUSD : 1.11633 (+0.02%)
Stocks Slip on Higher Bond Yields and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.33%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.48%. Stocks today are...

AMAT : 192.16 (-2.31%)
FRO : 22.25 (-7.06%)
ADI : 226.78 (-2.86%)
TXN : 203.30 (-2.07%)
$IUXX : 19,791.49 (-0.24%)
ZNZ24 : 114-270s (+0.10%)
GFS : 39.41 (-3.92%)
PBF : 32.02 (-5.49%)
LRCX : 773.19 (-2.01%)
VLO : 134.46 (-3.05%)
UPS : 128.60 (-2.67%)
ASMB : 19.43 (+5.03%)
Dollar Strengthens on a Weak Yen and Higher Bond Yields

The dollar index (DXY00 ) today is up by +0.27%. The dollar today is moderately higher on weakness in the yen after the BOJ refrained from tightening monetary policy. Also, the weakness in stocks today...

DXY00 : 100.723s (+0.11%)
GCZ24 : 2,646.2s (+1.21%)
SIZ24 : 31.505s (+0.26%)
^USDJPY : 143.899 (+0.89%)
^EURUSD : 1.11633 (+0.02%)
Stocks Moderately Lower Ahead of the Quarterly Triple-Witching Event

The S&P 500 Index ($SPX ) (SPY ) today is down by -0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.19%. Stocks today are...

AMAT : 192.16 (-2.31%)
FRO : 22.25 (-7.06%)
ADI : 226.78 (-2.86%)
TXN : 203.30 (-2.07%)
$IUXX : 19,791.49 (-0.24%)
DASH : 139.72 (+1.77%)
ZNZ24 : 114-270s (+0.10%)
GFS : 39.41 (-3.92%)
PBF : 32.02 (-5.49%)
LRCX : 773.19 (-2.01%)
VLO : 134.46 (-3.05%)
ASMB : 19.43 (+5.03%)
Dollar Slightly Higher as British Pound Surges to a 2-1/2 Year High

The dollar index (DXY00 ) Thursday rose by +0.04%. The dollar garnered modest support Thursday after weekly US jobless claims fell more than expected to a 4-month low, a hawkish factor for Fed policy....

DXY00 : 100.723s (+0.11%)
^GBPUSD : 1.33230 (+0.30%)
^EURUSD : 1.11633 (+0.02%)
^USDJPY : 143.899 (+0.89%)
GCZ24 : 2,646.2s (+1.21%)
SIZ24 : 31.505s (+0.26%)
Dollar Pushes Higher on Hawkish US Jobless Claims Report

The dollar index (DXY00 ) today is up by +0.36%. The dollar garnered support today after weekly US jobless claims fell more than expected to a 4-month low, a hawkish factor for Fed policy. Also, higher...

DXY00 : 100.723s (+0.11%)
^GBPUSD : 1.33230 (+0.30%)
^EURUSD : 1.11633 (+0.02%)
^USDJPY : 143.899 (+0.89%)
GCZ24 : 2,646.2s (+1.21%)
SIZ24 : 31.505s (+0.26%)
Dollar Pressured After FOMC Cuts Interest Rates by 50 bp

The dollar index (DXY00 ) Wednesday tumbled to a 14-month low and finished down by -0.12%. The dollar sank Wednesday after the FOMC cut the fed funds rate by 50 bp and projected another 50 bp of rate...

DXY00 : 100.723s (+0.11%)
^EURUSD : 1.11633 (+0.02%)
^USDJPY : 143.899 (+0.89%)
GCZ24 : 2,646.2s (+1.21%)
SIZ24 : 31.505s (+0.26%)
Dollar in Defensive Mode Ahead of FOMC Decision

The dollar index (DXY00 ) today is down by -0.12%. The dollar is trading defensively ahead of this afternoon’s FOMC decision. Heightened speculation the Fed will opt to cut the fed funds target range...

DXY00 : 100.723s (+0.11%)
^EURUSD : 1.11633 (+0.02%)
^USDJPY : 143.899 (+0.89%)
GCZ24 : 2,646.2s (+1.21%)
SIZ24 : 31.505s (+0.26%)
Dollar’s and Gold’s Outlook Right Before Fed’s Cut

Market's missed expectations regarding the cut might trigger significant price moves

Dollar Moves Higher and Gold Falls on Signs of US Economic Strength

The dollar index (DXY00 ) today rebounded from a 3-week low and finished up by +0.15% on signs of US economic strength. An unexpected increase in Tuesday’s US Aug retail sales report sparked short covering...

DXY00 : 100.723s (+0.11%)
^EURUSD : 1.11633 (+0.02%)
^USDJPY : 143.899 (+0.89%)
GCZ24 : 2,646.2s (+1.21%)
SIZ24 : 31.505s (+0.26%)

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The number of S&P 500 stocks outperforming the index is the highest since 2002 https://t.co/Vq8Hr445F5
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The U.S. will face a deficit of 6 million workers within the next decade 🚨 https://t.co/omvIg5KgjQ
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30-Year Mortgage Rate falls to 6.06%, its lowest level since August 2022 🚨 https://t.co/O00ZjJKbad
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Nvidia Insider Trading Alert 🚨 Chief Financial Officer Colettte Kress just sold $7.7 million worth of $NVDA shares https://t.co/kzZZ9KNjkI https://t.co/plwocpNZqA
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Is Qualcomm $QCOM about to buy Intel $INTC? https://t.co/ITpKJdjXfN
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Gold closed the week at an all-time high 🚨 https://t.co/vIHNQHVxkP
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U.S. Stock inflows hit $31.7 billion over the last week, the most in more than 2 months! 🥳📈 https://t.co/UajRkPG3v2
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BREAKING 🚨: Japan Foreign Investors dumped a RECORD HIGH $10.5 billion worth of Japanese Stocks last week https://t.co/3xQcCNR8vi https://t.co/zZlA0e8fqd

Chart of the Day

Talen Energy Corporation (TLN)

Summary Talen Energy (TLN) shows strong technical indicators with 100% buy signals, a 247.38+ Weighted Alpha, and a 218.06% gain in the last year. The company operates 10.7 GW of power infrastructure, including nuclear, fossil, solar, and coal plants, and is developing battery storage projects. Wall Street analysts are bullish...
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