us dollar index

Recent developments saw the Fed slashing rates further while pledging to increase its bond holdings by $700 billion. The King Dollar fell at the start of the recent financial turmoil. After peaking up to just shy off the triple-digit…

USD Sinks on Fed Easing Expectations The US dollar continues to sell-off on Friday, marking a week of straight losses and its biggest losing week since May 2019. Traders are once again starting to price in a forthcoming rate cut from…

USD Softens The US dollar has been weaker over the European morning on Tuesday, extending the week’s losses as the USD index continues to correct lower from the recent 99.82 highs. Equities prices have posted a small rebound so far…

USD a Little Firmer The US dollar has been attempting to recover over the early European session on Monday. The greenback had been down sharply at the end of last week, with selling kicking in ahead of the 100 level on the index.…

USD Breaks Resistance The US dollar has been firmer over the last 24 hours with the USD index breaking above the 97.42 level yesterday. For now, momentum has stalled and price is sitting just above this level. The absence of any key US…

Dollar Holding Below Resistance The US dollar has been fairly stagnant over the last 24 hours. The lack of any key US data this week has created an absence of directional drivers which has seen the USD index remain in consolidation mode…

US Dollar Testing Resistance The US dollar has been back on the offensive today with the index testing the 97.42 once again today following a brief move above the level yesterday. With no tier-one US data on the sheet this week, the move…

USD Rallying on Monday The US dollar has continued to rally over the European morning on Monday with the index breaking above the 97.42 level. Data strength at the end of last week is keeping USD bid here. With no tier-one US data…

USD Riding High The US dollar is ending the week on a much better note than it started. Stronger than expected data yesterday (retail sales & Philly Fed both better beat) has helped lift the dollar into the end of the week. USD index…