Forex Market Overview
The dollar index (DXY00 ) today is up by +0.22% and posted a 2-week high. The dollar is seeing support today on weakness in the Chinese yuan after Reuters reported that Chinese policymakers are considering...
The dollar index (DXY00 ) Tuesday rose by +0.23%. Higher T-note yields on Tuesday supported moderate gains in the dollar. Also, a downward revision to US Q3 unit labor costs supported the dollar. In...
The dollar index (DXY00 ) today is up by +0.40%. Higher T-note yields today are supporting moderate gains in the dollar. Also, a downward revision to US Q3 unit labor costs supported the dollar. In addition,...
With the current bounce from 105.50 2023 trendline support on DXY, it seems that dollar bulls are not done yet, and that there can be another rest of 108 area before we get a big reversal later this month,...
The dollar index (DXY00 ) Monday rose by +0.09%. The dollar on Monday recovered from early losses and posted modest gains. Higher T-note yields today were supportive of the dollar. Also, the weakness...
The dollar index (DXY00 ) today is down by -0.14%. The dollar is under pressure today from strength in the yuan after Chinese leaders signaled it will expand fiscal spending and ramp up “extraordinary...