MYSTERIOUS: 2 - You Need To See This

Dollar Gains as T-Note Yields Climb

The dollar index (DXY00 ) Thursday rose by +0.04% and posted a 1-3/4 month high. The dollar found support on Thursday’s stronger-than-expected US Sep CPI report, a hawkish factor for Fed policy. Also, hawkish comments from Atlanta Fed President Bostic were bullish for the dollar when he said he's "open...

Barchart · Oct 10, 2024

Stocks Close Higher as Fed Chair Powell Signals Rate Cuts

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.18%. US stocks rallied Friday, with the Dow Jones Industrials posting a 3-week high. Comments...

Barchart · Aug 23, 2024

Dollar Slumps as Powell Signals Interest Rate Cuts

The dollar index (DXY00 ) Friday fell -0.84% and posted a 13-month low. The dollar retreated Friday on a decline in T-note yields. Also, the strength in stocks Friday reduced liquidity demand for the dollar. In addition, dovish comments from Atlanta Fed President Bostic weighed on the dollar when he...

Barchart · Aug 23, 2024

Dollar Jumps on Strong US Economic News

The dollar index (DXY00 ) today is up by +0.47% on stronger-than-expected US economic reports that were hawkish for Fed policy and that drove the 10-year T-note yield sharply higher by +10 bp. Today’s economic reports helped reduce expectations for a 50 bp rate cut by the Fed at the...

Barchart · Aug 15, 2024

Stocks Settle Higher on Favorable PPI Report

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +1.68%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.50%. US stocks settled moderately higher on Tuesday, with the S&P 500 and Nasdaq 100...

Barchart · Aug 13, 2024

Dollar Weakens on a Fed-Friendly US PPI Report and Dovish Fed Comment

The dollar index (DXY00 ) Tuesday fell by -0.55% and posted a 1-week low. The dollar moved lower Tuesday after T-note yields declined on the weaker-than-expected US July PPI report, which bolstered the chances for a Fed rate cut at the September FOMC meeting. Tuesday’s rally in stocks also reduced...

Barchart · Aug 13, 2024

Stocks Finish Slightly Higher on Fed Optimism

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.09%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.19%. Stock indexes recovered from early losses on Thursday and settled slightly higher. Stocks found...

Barchart · Jun 27, 2024

Stocks Recover on Fed-Friendly US Economic Reports

The S&P 500 Index ($SPX ) (SPY ) today is down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.10%. Stock indexes today recovered from early losses and are mixed after weaker-than-expected US economic...

Barchart · Jun 27, 2024

Dollar Drops as Bond Yields Fall on Weak US Economic News

The dollar index (DXY00 ) Thursday fell back from a 2-week high and finished down -0.37%. Thursday’s dovish US economic reports knocked T-note yields lower and weighed on the dollar. The dollar remained lower Thursday on dovish comments from Atlanta Fed President Bostic and New York Fed President Williams. US...

Barchart · May 30, 2024

Dollar Falls on Dovish US Economic News and Lower Bond Yields

The dollar index (DXY00 ) today fell back from a 2-week high and is down -0.33%. Today’s dovish US economic reports knocked T-note yields lower and are weighing on the dollar. Also, dovish comments Wednesday evening from Atlanta Fed President Bostic undercut the dollar when he said he’s looking for...

Barchart · May 30, 2024