The Dollar Index began the month on the back foot yesterday, closing down over 0.6%. The decline put the Greenback on pace to experience its most significant weekly drop since mid-January as chances increase for a Fed hold at their June meeting.
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June 2, 2023 Daily Market Pulse
June 5, 2023 Daily Market Pulse
The US Dollar is up again this morning after having its three-week winning streak snapped last week as the market weighs the chances of a Fed rate hike this month on the heels of Friday’s robust Non-Farm Payrolls data. The odds of a rate hike at next week’s meeting are below 30% after coming in over 60% last week.
June 6, 2023 Daily Market Pulse
The Dollar Index is inching higher this morning after losing ground yesterday in the aftermath of yesterday’s sluggish service sector data.
June 7, 2023 Daily Market Pulse
The Greenback is back in the red this morning and continues its up-and-down ride since the debt ceiling deal was reached last week.
June 8, 2023 Daily Market Pulse
The Dollar is on the decline this morning as markets digest the latest US jobs data while still trying to get a read on interest rates ahead of next week's Fed decision.
Daily Market Pulse
Markets remain relatively muted mid-week as investors await the inflation data from the Eurozone.
Daily Market Pulse
The U.S. dollar index edged up on Wednesday after rising 1.4% the previous session.
Daily Market Pulse
The U.S. dollar index hovered near a 20-year high, holding near its recent surge.
Daily Market Pulse
After dropping 0.44% yesterday, the U.S. dollar index hovered near a 20-year high on Thursday.
October 18, 2022 Daily Market Pulse
The U.S. dollar regained traction on Tuesday after losing more than 1% the previous day as investors anticipated more clarification on the UK's budget plan.
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