Tag: USDIndex
Market Update – May 12 – USD Holds on to Gains, Stocks Mixed
The USDIndex rallied to 101.95 as the cooler PPI (3.2% vs 3.4%) and Weekly Claims (264k vs. 245k) readings yesterday added to talk that the...
Market Update – May 11 – BOE & Sterling In Focus Following US CPI
The USDIndex tanked to 101.00 following the cooler CPI reading yesterday and remains pressured as yields also tick lower following gains yesterday. US Stocks closed...
Market Update – May 9 – Calm Ahead of US CPI Tomorrow
The USD ticked higher (USDIndex 101.21), with tight credit markets and business loans weak but not as bad as expected. US Stocks closed flat...
Market Update – May 8 – Sentiment Firming; A Cooler USD & Rising Stocks
The USD continues under pressure (USDIndex 100.88) after a monumental week saw the FED & ECB's 25 bp hikes (could it be the last...
USDINDEX : Weekly Overview 08-12 May 2023
Despite signs of resilience in the labor market, attention is now turning to worrying inflation and developments in the US banking sector. More and...
Market Update – April 18 – USD Holds Gains, Chinese GDP & UK Jobs...
The USD cooled from a 2-day rally despite strong Empire State Manufacturing Index, Stocks closed flat and Yields (10yr 3.591%) held onto gains. Overnight...
