Forex Market Overview
Thu, Jun 8th, 2023
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Dollar Slightly Lower on Expectations of a Fed Pause
Barchart - Wed Jun 7, 2:41PM CDT
The dollar index (DXY00 ) on Wednesday fell by -0.03%. The dollar is under pressure from expectations the Fed will pause its rate-hike campaign at next week’s FOMC meeting. The market expects only...
Stocks Pressured as Bond Yields Rise on Bank of Canada Rate Hike
Barchart - Wed Jun 7, 10:34AM CDT
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.68%. U.S....
Dollar Slightly Higher as Weak Eurozone News Pressures Euro
Barchart - Tue Jun 6, 3:00PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.13%. Higher T-note yields Tuesday strengthened the dollar’s interest rate differentials. Also, hawkish comments from former Fed Vice Chair Clarida were...
Strength in Regional Bank Stocks Leads the Overall Market Higher
Barchart - Tue Jun 6, 10:37AM CDT
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.22%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.04%. U.S. stocks...
Stocks Slip in Afternoon Trade
Barchart - Mon Jun 5, 10:01AM CDT
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.2%. After...
Dollar Pushes Higher on Strong U.S. Payrolls
Barchart - Fri Jun 2, 2:31PM CDT
The dollar index (DXY00 ) on Friday rose by +0.42%. The dollar Friday recovered from a 1-week low and posted moderate gains as T-note yields jumped on the larger-than-expected increase in U.S. May nonfarm...
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