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FX News and Commentary

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Wed, Oct 9th, 2024
Dollar Climbs With T-note Yields

The dollar index (DXY00 ) Wednesday rose by +0.33% and posted a 1-3/4 month high. Strength in T-note yields Wednesday was supportive of the dollar. Also, positive comments from Fed Vice Chair Jefferson...

DXY00 : 102.860 (-0.07%)
GCZ24 : 2,624.6 (-0.05%)
SIZ24 : 30.630 (-0.13%)
^USDJPY : 149.133 (-0.12%)
^EURUSD : 1.09436 (+0.03%)
Dollar Strengthens and Gold Falls on Higher T-note Yields

The dollar index (DXY00 ) today is up by +0.20% at a 1-3/4 month high. Strength in T-note yields today is supportive of the dollar. Also, positive comments from Fed Vice Chair Jefferson boosted the dollar...

DXY00 : 102.860 (-0.07%)
GCZ24 : 2,624.6 (-0.05%)
SIZ24 : 30.630 (-0.13%)
^USDJPY : 149.133 (-0.12%)
^EURUSD : 1.09436 (+0.03%)
Dollar Posts Modest Gains as T-note Yields Strengthen

The dollar index (DXY00 ) Tuesday rose slightly by +0.02%, supported by higher T-note yields. Also, hawkish Fed comments supported the dollar. New York Fed President Williams said the Fed is "well positioned"...

DXY00 : 102.860 (-0.07%)
GCZ24 : 2,624.6 (-0.05%)
SIZ24 : 30.630 (-0.13%)
^USDJPY : 149.133 (-0.12%)
^EURUSD : 1.09436 (+0.03%)
Huge Impact (on Silver and Gold) of Low Open Interest in the USDX

Many markets will be influenced - including silver and gold.

Dollar Eases on Stock Market Strength

The dollar index (DXY00 ) today is down by -0.04% as a rally in stocks curbs liquidity demand for the dollar. Hawkish Fed comments limited losses in the dollar. New York Fed President Williams said the...

DXY00 : 102.860 (-0.07%)
GCZ24 : 2,624.6 (-0.05%)
SIZ24 : 30.630 (-0.13%)
^USDJPY : 149.133 (-0.12%)
^EURUSD : 1.09436 (+0.03%)
Dollar Posts Modest Losses as the Yen Strengthens

The dollar index (DXY00 ) Monday fell by -0.03%. The dollar fell slightly Monday as strength in the yen sparked long liquidation in the dollar. US Sep consumer credit was weaker than expected and bearish...

DXY00 : 102.860 (-0.07%)
GCZ24 : 2,624.6 (-0.05%)
SIZ24 : 30.630 (-0.13%)
^USDJPY : 149.133 (-0.12%)
^EURUSD : 1.09436 (+0.03%)
Dollar Slips on Yen Strength

The dollar index (DXY00 ) today is down by -0.08%. The dollar is slightly lower today as strength in the yen sparked long liquidation in the dollar. Losses in the dollar are limited by higher T-note...

DXY00 : 102.860 (-0.07%)
GCZ24 : 2,624.6 (-0.05%)
SIZ24 : 30.630 (-0.13%)
^USDJPY : 149.133 (-0.12%)
^EURUSD : 1.09436 (+0.03%)
Dollar Rallies on a Strong US Payroll Report

The dollar index (DXY00 ) Friday rose by +0.51% and posted a 7-week high. The dollar has rallied every day this week as stronger-than-expected US economic news reduced the chances for a 50 bp Fed rate...

DXY00 : 102.860 (-0.07%)
GCZ24 : 2,624.6 (-0.05%)
SIZ24 : 30.630 (-0.13%)
^USDJPY : 149.133 (-0.12%)
^EURUSD : 1.09436 (+0.03%)
Stock Market Reacts To US NFP, Traders Are Conerned About Fed's Next Policy Move

Stock futures are trading flat in the aftermath of the US NFP data. The data held great significance for traders and investors, providing a wealth of information about the US labor market, which the Fed...

The Dollar Soar! USDX’s Biggest Weekly Rally Since 2022

The mighty dollar's rally is about to shake the world. And GOLD.

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The odds of no interest rate cut in November have jumped to 20%, up from 0% last week 🚨 https://t.co/SKaaRxPxeJ
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Crude Oil Call Options volume over the last 10 days hits all-time high 🚨 https://t.co/YOYAcH6fyG
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Hedge Funds sold the most amount of Chinese Stocks in history on Tuesday 🚨 https://t.co/X9HfsfFRhR
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Global Money Supply hits all-time high of $107 Trillion 🚨 https://t.co/qnZyaXu1gE
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10-Year Treasury Yield rises to 4.06%, the highest level since July 🚨 https://t.co/GuCiaNGYbh
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JUST IN 🚨: U.S. Dollar Index $DXY trades green for an 8th consecutive day, the longest winning streak since February 2019 https://t.co/ZkM5iJfGb4 https://t.co/MUfNFXuCyn
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Junk Bond Spreads fall to the lowest level since June 2007 https://t.co/AKpILI2EoF
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Chart of the Day

Allison Transmission Holdings (ALSN)

Summary Allison Transmission (ALSN) shows strong technical indicators, including 100% buy signals, a 65.38% gain in the last year, and a Trend Seeker buy signal. The company designs and sells automatic transmissions and electric propulsion systems for commercial and defense vehicles, with a robust market presence and diverse product range....
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