US Economic Data - US Dollar Index outlook: Dollar gains traction but faces strong obstacles
06-12-2022 03:12
US Dollar Index. The dollar index is holding firm tone in early Tuesday, following 0.8% advance on Monday (the biggest one-day rally since Oct 27. Better than expected US data on ...
European stocks slip after hot services data spark Wall Street sell-off
European stocks steadied on Tuesday after a heavy sell-off overnight on Wall Street, when traders took hotter than expected US services data as a signal for further interest rate raises from the ...
Forex Today: US Dollar clings to recovery gains in quiet calendar day
Following Monday's decisive rebound, the US Dollar Index clings to modest daily gains early Tuesday as investors adopt a cautious stance. The 10-year US Treasury bond yield stays in positive territory ...
Dow tumbles 483 points as economic data strengthens the case for more Fed hawkishness
Monday's data points, along with Friday's jobs report, helped build the case for the Fed to stay aggressive at next week's meeting of the FOMC.
Dollar Rallies After US Services Gauge Shows Resilient Economy
The US dollar is rallying Monday after a US services gauge signaled the economy remains strong, further fueling bets the Federal Reserve will continue hiking interest rates.
