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US Dollar sees green backed by strong labor market data

WEBThe US Dollar Index (DXY) is currently trading at 103.80, marking a 0.50% increase, almost trimming all of Wednesday’s losses. The Greenback gained ground …

Actived: 1 days ago

URL: https://www.fxstreet.com/news/us-dollar-trades-higher-after-sp-global-pmis-and-jobless-claims-data-202403211611

Market reaction to US S&P Global PMI data

WEBS&P Global Manufacturing PMI improved to 51.5 from 50.7 in the same period, while S&P Global Services PMI edged lower to 51.3 from 52.5. The survey …

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US Dollar starts the week with the right foot, eyes on labor data …

WEBThe US Dollar Index (DXY) trades at 104.95 on Monday morning, reflecting some gains. The strong ISM business activity report from March, showing the highest …

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Weekly Forex Analysis Video: EUR/USD, GBP/USD, AUD/USD and …

WEBWeekly forex forecast covers forecast on EUR/USD , GBP/USD , AUD/USD , NZD/USD , USD/CAD , USD/JPY , USD/CHF Forecast.Our weekly forex forecast covers technical analysis, price action on major

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Gold hinges on Fed policy, global economic health for

WEBGold set a new all-time high in 2023 and rose more than 10% on a yearly basis. The Fed policy and the state of the global economy are among major factors that …

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US ISM Services PMI Preview: Healthy expansion to continue

WEBThe ISM Services PMI is expected at 53.0 in February, marginally below the previous 53.4. Inflation-related concerns eased after the PCE Price Index matched …

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Dow Jones taps all-time highs on Wednesday near 39,550.00 post …

WEBThe Dow Jones drifted into an early low near 39,000.00 on Wednesday before recovering into 39,160.00. Bids initally pulled back into the day’s opening prices …

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USD/CAD Forecast and News

WEBThe USD/CAD will see diverging central bank policy as a key driver through 2024, and the correlation between the Canadian Dollar and Crude Oil is likely to hold firm through the …

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Australian Dollar holds position near a major level, US PCE awaited

WEBAustralian Dollar pares gains amid improved US Dollar, awaits US PCE. NEWS | 04/26/2024 03:53:57 GMT | By Akhtar Faruqui. The Australian Dollar remains firmer …

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Medical Properties Trust: MPW continues gaining afterhours after

WEBMPW stock rose as much as 20% on Wednesday. Non-paying tenant Steward Health Care agreed to sell its physician network to UnitedHealth. Proceeds are …

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USD/JPY Forecast and News

WEBUSD/JPY is pressured higher by the wide differential between US and Japanese interest rates, with the US Federal Reserve (Fed) setting the Fed Funds Rate at 5.25% - 5-50% …

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USD/CHF capitalizes on recent gains after the better US GDP

WEBUSD/CHF could gain ground due to the hawkish sentiment surrounding the Fed. US GDP Annualized (Q4) printed a 3.3% figure against the expected 2.0% and …

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Mexican Peso higher in major pairs after global Manufacturing …

WEBThe Mexican Peso (MXN) is trading higher in its most heavily-traded pairs on Tuesday after the release of dissapointing US and Eurozone PMI data weighed on the …

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Correlation of Forex with Gold and Oil

WEBGold’s positive correlation with CHF. Switzerland‘s currency, the Swiss franc, also has a strong link with gold. The reason why the Swiss franc (CHF) moves …

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Bank of Japan (BoJ)

WEBFollowing the conclusion of its two-day monetary policy meeting on Tuesday, the Bank of Japan (BoJ) board members decided to lift the interest rate by 10 basis points (bps) …

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ECB Preview (European Central Bank)

WEBThe European Central Bank (ECB) announced on Thursday that it left key rates unchanged following the October policy meeting. With this decision, the interest rate on the main …

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PBoC leaves Loan Prime Rates unchanged, as expected

WEBThe People's Bank of China announced on Monday that it maintained the Loan Prime Rate (LPR) unchanged across the time curve, as widely expected. The Chinese …

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ADP private sector employment increases 184,000 in March vs

WEBNEWS | 04/03/2024 12:49:11 GMT | By FXStreet Team. Private sector employment in the US rose by 184,000 in March, the Automatic Data Processing (ADP) reported on …

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NonFarm Payrolls Forecast

WEBNonfarm Payrolls (NFP) in the US rose by 216,000 in December, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading came in much higher than the market …

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