The US Dollar Index (DXY), which measures the greenback against a basket of six major currencies, traded higher around 97.40 during Friday’s early European session. The dollar gained traction after the Federal Reserve cut interest rates as expected but adopted a less dovish tone than markets anticipated. Fed Delivers 25 bps Cut but Maintains Caution […]
Daily Technical Analysis EUR/USD: Nears Breakout Above 1.1880 as Markets Await Fed Decision
EUR/USD is edging toward a breakout after consolidating in recent sessions. On the upside, resistance sits at 1.1878, the 2025 ceiling reached on September 16. A sustained push above this mark could open the door to the September 2021 peak at 1.1909, with the psychological 1.2000 barrier looming as the next major target. On the […]
European Markets Stay Quiet Ahead of Fed Decision, Trade Talks in Focus
European equities traded in subdued fashion on Tuesday as investors waited for clarity from the Federal Reserve’s policy meeting while parsing fresh economic data across the region. By mid-morning, Germany’s DAX slipped 0.1%, France’s CAC 40 eased 0.2%, and the U.K.’s FTSE 100 dipped 0.1%. The lack of momentum reflected market caution, with investors holding […]
Dollar Stabilizes Ahead of U.S. Inflation Data as Global Politics Stir Markets
The U.S. dollar ticked higher on Wednesday, regaining stability after sharp losses last week as traders turned their focus to critical inflation figures that could set the tone for the Federal Reserve’s next policy move. At 04:45 ET (08:45 GMT), the Dollar Index, which measures the greenback against six major peers, rose 0.1% to 97.820 […]
Weekly Market Outlook | 8-19 Sep
The week of September 8–12 will be pivotal for global markets, with U.S. CPI and PPI reports in focus ahead of the Federal Reserve’s September meeting, where a 25-basis-point cut is widely expected, though a larger move remains possible. In Europe, the ECB is set to hold rates and may signal an extended pause, while […]
Dollar recovers against worries over Fed independence; euro drops
The U.S. dollar strengthened on Wednesday, though gains were capped by renewed worries over Federal Reserve independence following President Donald Trump’s bid to oust Governor Lisa Cook. At 05:25 ET (09:25 GMT), the Dollar Index, which tracks the greenback against six major currencies, traded 0.4% higher at 98.487, rebounding from early-week losses. Fed independence questioned […]
Dollar recovers following initial losses; euro weighed down as uncertainty in France
The U.S. dollar traded mostly steady on Tuesday in a volatile session, after U.S. President Donald Trump announced the dismissal of Fed Governor Lisa Cook, marking his latest challenge to the Federal Reserve’s independence. At 04:35 ET (08:35 GMT), the Dollar Index, which measures the greenback against six major peers, stood flat at 98.320, recovering […]
Dollar Firms Ahead of Fed Minutes as Sterling Strengthens on CPI
The U.S. dollar edged higher on Wednesday as traders looked ahead to the release of the Federal Reserve’s July meeting minutes, followed by the annual Jackson Hole symposium, both expected to provide fresh signals on the central bank’s monetary policy outlook. At 04:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against six […]
Dollar Falls Modestly Ahead of Jackson Hole, Euro Gains Momentum
The U.S. dollar edged lower Tuesday, giving back early gains as caution prevailed following the White House summit on Ukraine. At 04:40 ET (08:40 GMT), the Dollar Index, which measures the greenback against six major peers, slipped 0.1% to 97.920 after modest overnight gains. Dollar Trades in Narrow Range U.S. President Donald Trump assured President […]
Dollar Edges Higher Ahead of Washington Summit, Jackson Hole in Focus
The U.S. dollar inched higher Monday as markets turned their focus to diplomatic efforts aimed at ending the war in Ukraine and the closely followed Federal Reserve’s Jackson Hole symposium. At 03:00 ET (08:00 GMT), the Dollar Index, which measures the greenback against a basket of six major currencies, was up 0.2% at 97.890, recovering […]









