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US Futures Gain Amid Back-To-Back Gains On Wall Street, Nikkei Opens In The Green, Dollar Edges Higher
Thursday, April 24, 2025 - 9:51pm | 339U.S. stock futures are up Thursday night following three back-to-back days in the green during the regular session, amid growing earnings optimism and easing trade tensions. The S&P 500 Futures are up 0.37%, at 5,531, followed by Nasdaq Futures at 19,416, up 0.49%, and finally Dow Futures...
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Dollar Slips To A Three-Year Low Below 98-Mark: 'Higher Rates Are Not Supporting The Dollar,' Says Expert
Monday, April 21, 2025 - 8:17am | 916The U.S. Dollar Index Spot slipped below 98 points for the first time in over three years on Monday, while the 10-year Treasury yields were steady around 4.35%. Experts describe this divergence as the measure of stress in markets." What Happened: The U.S. Dollar Index slipped 1.20% to 98.211 during...
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Tariff Uncertainty Roils Wall Street, Dollar Suffers A Blow, Bitcoin Slips Despite US Strategic Reserve: This Week In Markets
Friday, March 7, 2025 - 5:09pm | 551Concerns over trade tariffs continue to rattle financial markets, fueling economic uncertainty and sparking heightened volatility across asset classes. President Donald Trump initially proposed a 25% tariff on imports from Mexico and Canada starting from Tuesday, but later excluded automobiles...
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Markets Misread Trump Win, Says Ex-Goldman Sachs Analyst: 'Prospects Of Tariffs Not Good For Equities'
Friday, November 22, 2024 - 7:16am | 623As the U.S. dollar scaled a fresh 52-week high on Friday morning at 108.071 level, former Goldman Sachs FX strategist and senior fellow at Brookings Institution, Robin Brooks said in an X (formerly Twitter) post that, “Markets initially got this wrong, driving stocks up sharply right after...
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Bitcoin Past $73K — Dollar, Gold, Stock Futures Rise As Trump-Harris Results Trickle In
Tuesday, November 5, 2024 - 11:06pm | 351Key indicators of the financial market’s health reacted as investors began to parse early results of the high-stakes presidential battle between Donald Trump and Kamala Harris. What happened: Stock futures edged higher on election night, with those tied to the Dow Jones Industrial...
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Fed's 2023 Policy Twists: The Turning Points And Markets Reactions
Wednesday, December 13, 2023 - 9:30am | 1055The Federal Reserve came into 2023 with headline inflation at 6.5% and with interest rates already at 4.25%-4.5%. At this point, inflation had already come down from its peak of 9.1%, and analysts believed the central bank would only make one more hike — with the main rate peaking at 4.5%-4.75%....
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'The Time To Own Gold Is Now': Greg Weldon Sees Breakout For Bullion
Wednesday, December 6, 2023 - 2:53pm | 742Gold shares an inverse dynamic with the dollar. When the dollar goes up, gold moves lower — and vice versa. In recent days, however, this dynamic has become stressed. When the dollar moves lower, gold — which is denominated in the U.S. currency — has traditionally rallied as it becomes cheaper for...
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Dollar Climbs: Have Investors Overdone The Dovish-Fed Trade?
Monday, December 4, 2023 - 11:57am | 553The dollar inched higher on Monday as equity markets took a breather from their recent rally, leaving some investors wondering whether dovish calls on U.S. interest rates were becoming stretched. The dollar index (DXY), a weighted measure of the dollar’s value against a basket of rival...
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Crunch Time For The Dollar: Major Macro Data On The Horizon!
Monday, July 17, 2023 - 11:46pm | 399A series of economic data is scheduled for release tomorrow morning EST providing insights into the current state of the consumer and manufacturing industries. Retail sales in the US have been showing a slight uptrend, unexpectedly rising 0.3% month-over-month in May, surpassing prior forecasts of...
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Gold Bug Peter Schiff Warns Progress On Inflation Likely To Be Reversed As Dollar Index Falls To Over 1-Year Low
Friday, July 14, 2023 - 8:15am | 397The dollar index, which measures the strength of the greenback against a basket of foreign currencies, broke below the 100 mark for the first time since mid-April 2022. What Happened: The dollar index could move down quickly to 90, said economist and gold bull Peter Schiff. This would send oil...
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New York State Manufacturing Sentiment Plummets In May: Trouble Ahead For The ISM Manufacturing PMI?
Monday, May 15, 2023 - 10:50am | 421The New York Empire State Manufacturing Index, which measures the sentiment of manufacturing executives about business conditions in the state of New York, unexpectedly plunged to negative 31.8 points in May, down from 10.8 in April and considerably below the 3.75 decline expected. ...
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Major Moves On The Horizon: Unraveling The Dollar Index's Future And The Importance Of Staying Prepared
Thursday, March 23, 2023 - 10:06am | 635Federal Reserve's rate hike to 4.75%-5.00% affects economy and borrowing. Rate hike weakens dollar against Euro and British Pound. $100 support level could trigger rebound or depreciation. The Dollar Index has been causing a stir in the financial world. With the Federal Reserve raising...
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Watch Out, Traders! Dollar Index Breaches Key Level As Greenback Firms On China COVID-19 Worries, Hawkish Fed
Monday, November 21, 2022 - 3:55am | 418The U.S. dollar commenced the week on a strong note, with the dollar index rising 0.53% to 107.49, boosted by defensive buying as investors weighed in on a spike in COVID-19 cases in China. The dollar index measures the strength of the greenback against a basket of currencies. On Monday, the...
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Dollar Index Up 18% In 2022. Where Is The Top?
Thursday, October 20, 2022 - 10:27am | 5312022 has been a challenging year for stock investors/traders. The solution? Diversifying across other asset classes. When money leaves stocks, it often flows into forex and commodities, which is what we have seen this year. The Dollar Index has moved up 18% this year, trading at levels...
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The Dollar Index Is Down 4%: What Next For The Forex Market?
Thursday, August 11, 2022 - 1:47pm | 392In my last article on July 9, I covered how the Dollar Index had moved up by 5%, breaking through significant levels and a seven-year period of consolidation. Trend followers were particularly interested in this move out of consolidation. (Trend followers describe a style closer to...