Tags : DXY

Stocks and Indices

Bonds fall, USD eased!

US 10-year Bond under 1.30% Market analyst – IFC Markets US U.S. 10 Year Treasury yields fall under 1.30% towards 1.275% earlier today and the USD index is trading way lower than opened price (92.64), with a 0.2% decrease at 92.46.  Yesterday was a volatile and disappointing day for the US Dollar index. After US inflation […]Read More

Fundamental

Treasury note yields back under 1.25%

USD and Stock market review!  Market analyst – IFC Markets After increasing to new record highs in the late trading the previous day, today we are witnessing a decline in the future markets. Dow Jones futures were down 356 points, or 1.0%, while S&P 500 futures were down 0.77% and Nasdaq 100 futures were down 1%, […]Read More

Fundamental

US dollar Steady, waiting for Jackson Hole?

US 10-year treasury back above 1.187 By: Ahura Chalki Market analyst – IFC Markets After RBA and ahead of BoE, investors may wait for more Hawkish signals and policies.  Early Tuesday, the Australian central bank held the Interest rates. Despite the lockdowns and restrictions in some cities across the country, it decided to continue its tapering […]Read More

Fundamental

DXY ahead of FOMC meeting

Choppy market and Risk appetite!  By: Ahura Chalki Market analyst – IFC Markets Yesterday US dollar index fell sharply for different reasons. Firstly economic data.  One of the data that caused the dollar to weaken was the June new home sales data in the United States. According to the United States Department of Commerce report, the […]Read More

Stocks and Indices

USD Index, after ISM numbers.ahead of NFP

More profound digits or time to return? By: Ahura Chalki Market analyst – IFC Markets While ISM Manufacturing PMI (May) at 61.02 beat the expectations, the dollar is trading under pressure, losing 0.32% at 89.70 so far on Tuesday.  On Friday, with raising personal consumption expenditures price index (PCE), a measure that closely following by the […]Read More

Fundamental

US PMI data and latest updates

USD Index weekly preview By: Ahura Chalki Market analyst – IFC Markets Last week ended with a sharp gain in the U.S. PMI data, and the US dollar, USD Index was strongly supported. Last Friday, the U.S. Markit’s initial Manufacturing and Service PMI both hit record highs. Manufacturing PMI printed 61.5 (expected and previous numbers were […]Read More

Fundamental

Jobless Claims, NFP 

What means positive data for USD By: Ahura Chalki Market analyst – IFC Markets Based on published data earlier today, the US jobless data during last week fell to a new post-pandemic low of 498,000 from 590,000 of the previous week’s claims, signaling better US economic recovery. But the negative side of the report was in continuing […]Read More

Stocks and Indices

New Waves, New Records, and Treasuries Rally! 

What should you expect from the USD Index? By: Ahura Chalki Market analyst – IFC Markets Looking at published data released this week, mainly at CPI, retail sales, and Jobless Claims (Retail sales surged 9.8% in March and climbed 8.4% excluding autos & Initial jobless claims tumbled -193k to 576k), in line with excellent earning results […]Read More

Forex

EZ economic sentiment raise, Deutsche slashed economic growth

EURUSD Daily Chart By: Ahura Chalki Market analyst – IFC Markets Eurozone ZEW Economic Sentiment for March, raise to 74.0, from previous 69.6, also German ZEW Economic Sentiment for March up to 76.0 from 71.2. Before today’s data, Deutsche Bank has slashed 2021 economic growth forecasts for the Eurozone from a November forecast of 5.6% to […]Read More

Stocks and Indices

Good US Income, Spending & Savings data

The USD index, H1 Stuart Cowell Head Market Analyst – HotForex US personal income climbed 10.0% in January, and spending increased 2.4%, pretty close to expectations, with much of the strength a function of the $900 bln pandemic relief bill from late December. These follow respective December prints of 0.6% and -0.4%.  Compensation increased 0.7% after […]Read More