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Forex Market Overview

Fri, May 17th, 2024
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Dollar Ends Higher and Gold Falls on Hawkish Fed Comments

The dollar index (DXY00 ) on Thursday recovered from an early 5-week low and finished up +0.12%. The dollar found support Thursday from higher T-note yields. Also, comments from Cleveland Fed President...

DXY00 : 104.560 (+0.09%)
^EURUSD : 1.08627 (-0.04%)
^USDJPY : 155.621 (+0.15%)
GCM24 : 2,389.8 (+0.18%)
SIN24 : 29.930 (+0.18%)
How is the Dollar Index Declining Even Though it is Slightly Higher?

The dollar index has edged higher from the level in late February 2024. However, other markets are screaming the dollar index is losing value even though it has posted a slight gain.

$DXY : 104.54 (+0.04%)
GCM24 : 2,389.8 (+0.18%)
UUP : 28.56 (+0.25%)
UDN : 18.08 (-0.03%)
Stock Indexes Pull Back From This Morning's Record Highs

The S&P 500 Index ($SPX ) (SPY ) is down -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.09%. US stock indexes are moderately...

$SPX : 5,297.10 (-0.21%)
SPY : 528.69 (-0.21%)
$DOWI : 39,869.38 (-0.10%)
DIA : 399.21 (-0.02%)
$IUXX : 18,557.96 (-0.21%)
QQQ : 451.98 (-0.20%)
ZNM24 : 109-165 (+0.03%)
WMT : 64.01 (+6.99%)
TGT : 160.65 (+1.99%)
DLTR : 121.30 (+2.10%)
COST : 793.07 (+0.77%)
DG : 146.59 (+3.92%)
Dollar Firms on Higher US T-Note Yields

The dollar index (DXY00 ) dollar today recovered from an early 5-week low and is up +0.25%. The dollar is seeing support from a rebound in T-note yields. Today’s US economic reports were mixed for...

DXY00 : 104.560 (+0.09%)
^EURUSD : 1.08627 (-0.04%)
^USDJPY : 155.621 (+0.15%)
GCM24 : 2,389.8 (+0.18%)
SIN24 : 29.930 (+0.18%)
Dollar Falls and Gold Rallies on Dovish US Economic Reports

The dollar index (DXY00 ) on Wednesday fell by -0.64% and posted a 5-week low. Wednesday’s US economic reports were dovish for the Fed and weighed on the dollar. Also, Wednesday’s rally in the S&P...

DXY00 : 104.560 (+0.09%)
^EURUSD : 1.08627 (-0.04%)
^USDJPY : 155.621 (+0.15%)
GCM24 : 2,389.8 (+0.18%)
SIN24 : 29.930 (+0.18%)
Dollar Slumps and Gold Rallies on Fed Rate Cut Hopes

The dollar index (DXY00 ) today is down by -0.26% and dropped to a 5-week low. Today’s US economic reports were dovish for the Fed and weighed on the dollar. Today’s rally in the S&P 500 to a record...

DXY00 : 104.560 (+0.09%)
^EURUSD : 1.08627 (-0.04%)
^USDJPY : 155.621 (+0.15%)
GCM24 : 2,389.8 (+0.18%)
SIN24 : 29.930 (+0.18%)

Forex Market Map

USD/JPY
+0.17%
USD/CHF
+0.07%
USD/CAD
+0.05%
EUR/GBP
unch
GBP/USD
-0.07%
EUR/USD
-0.07%
AUD/USD
-0.16%

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