THE TRUTH ABOUT: 6 - The Untold Story

Dollar Erases Early Gains as Fed Rate Hike Prospects Ease

The dollar index (DXY00 ) on Monday fell by -0.01%. The dollar erased early gains on Monday and posted modest losses on negative carryover from last Friday’s weaker-than-expected US June payroll report, which reduced the chances of the Fed tightening monetary policy, a negative factor for the dollar. The dollar...

Barchart · Jul 6

Dollar Drops on US Job Weakness

The dollar index (DXY00 ) fell to a 2-week low on Thursday and finished down by -0.52%. The dollar tumbled on Thursday after a weaker-than-expected US June payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon. The dollar was also under pressure on Thursday after...

Barchart · Jul 2

Dollar Tumbles on a Weak US Jobs Report

The dollar index (DXY00 ) fell to a 2-week low today and is down by -0.68%. The dollar tumbled today on the weaker-than-expected US Jun payroll report, which dampened speculation that the Fed will tighten monetary policy anytime soon. The dollar is also under pressure amid weakness in crude oil...

Barchart · Jul 2

Global Market: PBOC keeps new overnight repo rate at 1.25%, pumps in 600 billion yuan

China's central bank significantly boosted liquidity, injecting 600 billion yuan via overnight reverse repos, doubling Monday's debut. This move aims to ease month-end funding pressures for banks. The People's Bank of China maintained the borrowing cost at 1.25%, offering a new tool for fine-tuning short-term cash needs without altering broader…

The Economic Times · Jun 30

Dollar Retreats as Stocks Rally

The dollar index (DXY00 ) on Monday fell by -0.26%. The dollar retreated as Monday's stock rally curbed liquidity demand for the dollar. However, losses in the dollar were limited as Monday's +2% jump in WTI crude oil prices has strengthened inflation expectations and could prompt the Fed to keep...

Barchart · Jun 29

Dollar Moves Lower as Equity Markets Strengthen

The dollar index (DXY00 ) today is down by -0.13%. Today's stock rally has curbed liquidity demand for the dollar. However, losses in the dollar are limited as today's +1% gain in WTI crude oil prices has strengthened inflation expectations and could prompt the Fed to keep monetary policy tight,...

Barchart · Jun 29

Global Market: China's central bank expands liquidity toolkit with first-ever overnight reverse repos

China's central bank has introduced overnight reverse repo operations for the first time, injecting 300 billion yuan to manage liquidity. This move expands the People's Bank of China's toolkit for short-term funding. An additional 157.5 billion yuan was injected via seven-day reverse repos at an unchanged rate. Policymakers are carefully…

The Economic Times · Jun 29

Dollar Weakens with Crude Oil Prices

The dollar index (DXY00 ) today is down by -0.32%. The dollar is sliding today amid weakness in crude oil prices. WTI crude oil is down more than 3% today, easing inflation expectations and potentially persuading the Fed to ease monetary policy, a negative factor for the dollar. Losses in...

Barchart · Jun 26

Dollar Slips on Benign US Inflation News

The dollar index (DXY00 ) on Thursday fell by -0.17%. The dollar was under pressure as Thursday’s stock rally reduced liquidity demand for the dollar. Also, Thursday’s benign inflation news may keep the Fed from tightening monetary policy, a negative for the dollar, after the May core PCE price index,...

Barchart · Jun 25

Dollar Weakens on Strength in Stocks and Lower Bond Yields

The dollar index (DXY00 ) today is down by -0.19%. The dollar is under pressure as today's stock rally has reduced liquidity demand for the dollar. Also, benign inflation news today may keep the Fed from tightening monetary policy, a negative for the dollar, after the May core PCE price...

Barchart · Jun 25