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US Dollar: Warsh speech keeps ranges contained â ING
INGâs Chris Turner notes a quiet, risk-positive week for global markets, with low volatility and mixed G10 FX, as the Dollar debasement theme fails to extend.
US Dollar: Warsh speech risks asymmetric USD reaction â Commerzbank
Commerzbankâs Volkmar Baur notes the US Dollar has stabilized after last weekâs setback, with Kevin Warshâs Jackson Hole speech seen as the next key test.
United States Dollar Index steadies above 99.00 before Fed Chair Warsh speech
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining minor support after registering minor losses in the previous day and trading around 99.20 during the Asian hours on Friday.
Fedâs Collins says PCE does not change restrictive policy view
Boston Federal Reserve (Fed) President Susan Collins crossed the wires on Thursday as the Jackson Hole Symposium began. She said that the recent PCE inflation report does not change the view that policy is restrictive and will lead to gradual disinflation.
US President Trump hits Canada on trade, says Hormuz Oil keeps flowing
US President Donald Trump held a press conference on Thursday at the White House, where he insisted that Canada has been "ripping" off the US on trade and that it wants to be âtreated like a state.â
Fedâs Hammack says policy restrictiveness still needed
Cleveland Federal Reserve (Fed) President Beth Hammack said on Thursday on Fox Business that the job market is broadly in balance, while adding that âwe need restrictiveness in policy.â
The US Dollar Index sits still through two hawkish speeches
The US Dollar Index trades just above 99.00 on Thursday, unchanged on the session across a range of less than a fifth of a point. That sits roughly 2.6% beneath the June peak just under 102.00 and beneath a rolling 50-day Exponential Moving Average (EMA) near 100.00 and a flat 200-day near 99.75.
US Treasury Bessent to press G20 ministers on Iran funding
The US Treasury Secretary Scott Bessent said on Thursday that he will ask finance ministers at the G20 meeting to cut off economic flows that sustain the Iranian regime and the Islamic Revolutionary Guard Corps, according to Fox Business News.
Forex Today: Jackson Hole and US jobs in the limelight
The US Dollar (USD) has navigated an inconclusive range on Thursday, struggling to build on the previous dayâs gains and briefly reaching multi-day peaks.
Twenty-eight names eat the Dow Jones Industrial Average's two blowouts
The Dow Jones Industrial Average (DJIA) trades near 53,600 on Thursday, ahead 0.29% in the session across a range running from the 53,300 area to just above 53,700.
Fed's Goolsbee warns political interference with Fed could fuel inflation
Chicago Federal Reserve (Fed) President Austan Goolsbee said on Thursday that the economy remains broadly stable but warned that tariffs and war-related price increases are complicating the inflation outlook.
US Dollar: Fed repricing risk weighs on usd â BBH
Brown Brothers Harrimanâs (BBH Elias Haddad notes the US Dollar (USD) is consolidating gains, with the US Dollar Index (DXY) testing its 200âday moving average resistance and United States (US) data showing Personal Consumption Expenditures (PCE) Price Index inflation stuck above the Fedâs 2% target
NZD/USD Price Forecast: Kiwi dips below 0.5950 as US Dollar strengthens
The New Zealand Dollar (NZD) heads lower for the second consecutive day against a stronger US Dollar (USD) on Monday, as hot US inflation data released on Wednesday has renewed pressure on the US Federal Reserve (Fed) to hike interest rates in the coming months.