RARE PHOTOS: 13 - The Real Truth

Dollar Rallies on US Economic Strength and Hawkish FOMC Minutes

The dollar index (DXY00 ) rallied to a 1-week high on Wednesday and finished up by +0.57%. The dollar moved higher on Wednesday and found support on better-than-expected US economic reports on Dec capital goods new orders, Dec housing starts and building permits, and Jan manufacturing production. Also, higher T-note...

Barchart · Feb 18

Dollar Finishes Slightly Lower on Tame US Consumer Prices

The dollar index (DXY00 ) on Friday fell by -0.01%. The dollar posted modest losses on Friday after US January consumer prices rose less than expected, boosting speculation that the Fed could resume cutting interest rates. Also, a recovery in stocks reduced liquidity demand for the dollar. US Jan CPI...

Barchart · Feb 13

Dollar is Slightly Higher as Weak Stocks Boost Liquidity Demand

The dollar index (DXY00 ) today is up +0.04%. The weakness in stocks today has boosted some liquidity demand for the dollar. However, gains in the dollar are limited after US January consumer prices rose less than expected, boosting speculation that the Fed will be able to resume cutting interest...

Barchart · Feb 13

Dollar Recovers and Gold Falls on Hawkish Fed Comments

The dollar index (DXY00 ) on Tuesday recovered from a 1-week low, finishing up by 0.01%. The dollar recovered from early losses on Tuesday and posted modest gains due to hawkish Fed comments. Cleveland Fed President Beth Hammack said the Fed could be on hold “for quite some time,” and...

Barchart · Feb 10

Dollar Pressured by Weakness in US Economic News

The dollar index (DXY00 ) slid to a 1-week low today and is down -0.05%. The dollar is under pressure today after T-note yields fell on the weaker-than-expected US economic reports on the Q4 employment cost index and Dec retail sales. The weaker reports bolstered expectations that the Fed will...

Barchart · Feb 10

Dollar Retreats on Concern Over Foreign Demand for Dollar Assets

The dollar index (DXY00 ) fell to a 1-week low today and is down by -0.75%. The dollar is under pressure today after a Bloomberg report said that Chinese regulators have advised financial institutions to rein in their holdings of US Treasuries, fueling concerns that foreigners will reduce their demand...

Barchart · Feb 9

Dollar Slides as Stocks Rally Sharply

The dollar index (DXY00 ) on Friday fell by -0.19%. Friday's sharp rally in equity markets has reduced liquidity demand for the dollar. The dollar is also being pressured by some negative carryover from Thursday, when weaker-than-expected US labor market news boosted the chance of a Fed rate cut at...

Barchart · Feb 6

China broadens its crackdown on cryptocurrencies — expands ban to include real-world asset tokenization, crypto ads, and providing network traffic for crypto activities

The central government is closing loopholes that allowed some of its citizens to use cryptocurrencies despite the 2021 ban.

Tom’s Hardware · Feb 6

Dollar Falls as Stocks Rebound

The dollar index (DXY00 ) today is down by -0.17%. Today’s rebound in equity markets has reduced liquidity demand for the dollar. The dollar is also being pressured by some negative carryover from Thursday, when weaker-than-expected US labor market news boosted the chance of a Fed rate cut at next...

Barchart · Feb 6

Stock Losses Boost Liquidity Demand for the Dollar

The dollar index (DXY00 ) rose to a 1.5-week high on Thursday and finished up by +0.23%. Thursday's stock selloff boosted liquidity demand for the dollar. Also, hawkish comments from Fed Governor Lisa Cook supported the dollar when she said she now sees "risks as tilted toward higher inflation." Gains...

Barchart · Feb 5