BIZARRE: 10 - You Need To See This

Dollar Sees Support from Safe-Haven after a Global IT Outage

The dollar index (DXY00 ) today is up by +0.16%. The dollar is mildly higher today after a global IT outage prompted risk aversion in asset markets and sparked some safe-haven buying of the dollar. Also, higher T-note yields today are bullish for the dollar. Gains in the dollar are...

Barchart · Jul 19, 2024

Dollar Firms as Powell’s Comments Boost T-note Yields

The dollar index (DXY00 ) Tuesday rose by +0.13% on higher T-note yields. However, Tuesday’s rally in the S&P 500 to a new record high curbed some liquidity demand for the dollar. Fed Chair Powell said "more good data" would strengthen confidence that inflation is moving down toward the Fed's...

Barchart · Jul 9, 2024

Dollar Climbs with T-note Yields

The dollar index (DXY00 ) today is up by +0.10% on support from higher T-note yields. However, today’s rally in the S&P 500 to a new record high has curbed some liquidity demand for the dollar. Comments today from Fed Chair Powell today were neutral for the dollar. Fed Chair...

Barchart · Jul 9, 2024

Dollar and Gold Move Higher on French Political Risks

The dollar index (DXY00 ) Friday finished up by +0.33% and posted a 6-week high. Heightened political uncertainty in France is hammering the euro and supporting the dollar. Also, Friday’s stock slide has boosted liquidity demand for the dollar. In addition, hawkish comments from Clevland Fed President Mester boosted the...

Barchart · Jun 14, 2024

Stocks Mixed after Weak US Economic News and European Political Uncertainty

The S&P 500 Index ($SPX ) (SPY ) today is down -0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. Stock indexes today are mixed, with the Dow Jones Industrials falling to a 1-1/2...

Barchart · Jun 14, 2024

Dollar and Gold Rally as Stocks and the Euro Tumble

The dollar index (DXY00 ) today is up by +0.51% at a 5-week high. Heightened political uncertainty in France is hammering the euro and supporting the dollar. Also, today’s stock slide has boosted liquidity demand for the dollar. In addition, hawkish comments from Clevland Fed President Mester gave the dollar...

Barchart · Jun 14, 2024

Stocks Pressured as European Political Uncertainty Sparks Risk Off in Asset Markets

The S&P 500 Index ($SPX ) (SPY ) today is down -0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.20%. Stock indexes today are mixed. The broader market is moderately lower on negative carryover...

Barchart · Jun 14, 2024

Dollar Falls Despite Hawkish FOMC

The dollar index (DXY00 ) Wednesday fell by -0.57%. The dollar retreated Wednesday after the US May CPI rose less than expected, boosting expectations for Fed easing later this year. Also, Wednesday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar. The dollar...

Barchart · Jun 12, 2024

Dollar Tumbles and Gold Rallies on a Dovish US CPI Report

The dollar index (DXY00 ) today is down by -0.69%. The dollar retreated today after the US May CPI rose less than expected, boosting expectations for Fed easing later this year. Also, today’s rally in the S&P 500 to a new record high has reduced liquidity demand for the dollar....

Barchart · Jun 12, 2024

Stocks Settle Higher Ahead of the Tue/Wed FOMC Meeting

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. Stock indexes on Monday recovered from early losses and posted mild gains. The S&P...

Barchart · Jun 10, 2024