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Market Watch

Tue November 26, 2024
Following some bearish action on Monday, the DXY index has consolidated around the 107 level. News that fund manager Scott Bessent was nominated as [...]
Mon November 25, 2024
After closing the previous week with highs above 108.00, the DXY index consolidated to 107.00 at the start of the session. Higher than-expected US [...]
Fri November 22, 2024
The DXY index is trading near 107, just below its yearly high of 107.15 on Thursday. US Jobless Claims from last week was a [...]
Thu November 21, 2024
The DXY index is trading at 106.60 after a drop of 0.2% during the end of last session. With a lack of data in [...]
Wed November 20, 2024
The DXY index is trading at 106.4 as the US dollar slowly appreciates, driven by safe-haven flows from escalating tensions of the Russia-Ukraine conflict. [...]
Tue November 19, 2024
The DXY index is trading at 106.30, down from the previous session due to profit-taking following its recent rally. Downside risk for the greenback [...]
Mon November 18, 2024
Last week’s CPI and PPI data suggested a small increase in headline PCE inflation. Along with hawkish comments from the Fed, the DXY Index [...]
Fri November 15, 2024
The US dollar remains well supported with data released yesterday showing headline PPI rising by 0.2% m/m in October and core PPI rising by [...]
Thu November 14, 2024
US CPI released yesterday came out broadly inline with market expectations and gave the greenback a further boost against its G10 peers. The October [...]