Tag: dollar index

February 24, 2023

Gold prices declined yesterday printing a fresh low around the $1817 mark in the US session. Overnight buying pushed the precious metal back toward the $1825 handle with the European open facilitating further declines (trading at $1820 at the time […]

December 30, 2022

EUR/USD enjoyed its best day of gains in 2 weeks with an 80-odd pip upside rally yesterday before finding resistance at the top of its recent trading range around the 1.0700 handle. The dollar index enjoyed a modest bounce as […]

November 18, 2022

European stocks are seen opening higher on Friday, though underlying sentiment may remain somewhat cautious on growing concerns of a recession. The slope of the U.S. yield curve is flashing brighter recession risks following more hawkish talk from Federal Reserve […]

September 29, 2020

Gold prices on Tuesday were headed higher for a second straight session as a pullback in the U.S. dollar extended, providing room for bullion values to climb, commodity experts said. “The dollar has emerged as the single biggest influence on […]

February 7, 2019

Gold futures headed lower Thursday, on track to suffer a fifth consecutive loss as the U.S. dollar continued a string of gains. Gold for April delivery GCJ9, +0.02% fell $1, or 0.1%, to $1,313.40 an ounce, with prices trading down […]

August 10, 2018

U.S. stocks seem poised to fall Friday, as the global equity retreat fueled by the mounting currency crisis in Turkey raises the alarm for possible contagion into other markets, The U.S. dollar DXY, +0.37% sought as a haven relative to […]

October 16, 2017

The dollar was virtually flat Monday. The US dollar index was little changed at 93.19 at 8:29 a.m. ET. “The majors are tracking fairly close to recent ranges, but the one-two punch of the Fed minutes and inflation miss should […]

August 31, 2017

Technician Louise Yamada says there’s one chart showing that gold’s shining rally is far from over. Gold has surged 14 percent this year, and on Tuesday settled at an 11-month high of $1,318.90. This brought the precious metal decisively above […]