US Dollar Index pares the first weekly loss in three near 113.00 on strong yields, hawkish Fedspeak
US Dollar Index grinds higher during three-day uptrend. Multi-year high yields keep DXY bulls hopeful
Financial and Business News
US Dollar Index grinds higher during three-day uptrend. Multi-year high yields keep DXY bulls hopeful
Global markets remain sluggish amid light calendar, early week optimism defends buyers. S&P 500 Futures
USD/INR remains pressured after reversing from record high. RBI’s so-called meddling in spot, forward markets
Philadelphia Fed Manufacturing Index remains in negative territory for the second straight month. The USD
Initial Jobless Claims in the US fell by 12K in the week ending October 14.
Existing Home Sales in the US declined slightly less than expected in September US dollar
The UK Retail Sales came in at -1.4% MoM in September, a big miss. Core
Liz Truss resigned as UK prime minister after only 44 days in office. Economists at
EUR/GBP has advanced to 0.8740 amid downbeat UK Retail Sales data. A negative divergence formation
GBP/USD is expected to navigate the 1.1050-1.1370 range for the time being, suggest Markets Strategist