US Dollar Index (DXY) Hammered on Dovish Jerome Powell, Rallying Stock Market
The US dollar added to its losses midweek after the greenback posted its worst month in 12 years. The greenback has been in freefall since…
Posts Tagged: Personal Spending
US Dollar Weakens on Falling Consumer Demand; Investors Watching Jackson Hole Retreat
The US dollar weakened to finish the trading week, with investors bracing for the Federal Reserve’s annual Jackson Hole symposium and traders assessing the latest…
US Dollar Strengthens As Weak ISM Manufacturing PMI Adds to Recession Fears
The US dollar is spiking to start the third quarter after enjoying a 9% rally in the first six months of 2022. Investors have continued…
US Dollar Pares Post-Invasion Gains, Inflation Back in Focus for Investors
The US dollar is sliding at the end of the trading week as investors pour into equities and commodities, despite the Ukraine-Russia military conflict. The…
US Dollar Struggles for Direction on Market Rebound, Sliding Yields
The US dollar is struggling for direction to finish the raucous trading week. The greenback, which has soared in recent sessions, will attempt to sustain…
US Dollar Strengthens As Fed’s Favorite Inflation Gauge Surges to 30-Year High
The US dollar is strengthening to close out the trading week as investors sought shelter from soaring inflation and some disappointing economic data. The greenback,…
US Dollar Index (DXY) Slips on Bullish Data, Rallying Stocks
The US dollar is slumping to end the trading week and kick off the month of October, driven mainly by the sea of green in…
US Dollar Struggles As Consumer Spending Stagnates in May Amid Stimulus Exhaustion
The US dollar is struggling against several of its major currency counterparts to close out the trading week, with investors pouring back into the equities…