The Latest Breaking News from BOJ

Dollar Supported by a Weak Yen and Strength in US Consumer Confidence

The dollar index (DXY00 ) on Tuesday rose by +0.16%. The dollar moved higher on Tuesday amid weakness in the yen, which fell to a 2-week low against the dollar. Also, Tuesday's better-than-expected US economic news of Dec S&P composite-20 home prices and Feb consumer confidence was supportive of the...

Barchart · Feb 24

Dollar Weakens and Gold Surges on US Trade Uncertainty

The dollar index (DXY00 ) on Monday fell by -0.10%. The dollar is under pressure today on concern that foreign investors may shy away from dollar assets after President Trump signed an executive order raising global tariffs under Section 122 of the Trade Act of 1974 to 15% from 10%...

Barchart · Feb 23

Dollar Weakens as SCOTUS Rebuffs President Trump’s Tariffs

The dollar index (DXY00 ) fell from a 4-week high on Friday and finished down by -0.13%. Weaker-than-expected US economic news knocked the dollar lower on Friday. US Q4 GDP, the Feb S&P manufacturing PMI, and the University of Michigan US Feb consumer sentiment index all were weaker than expected...

Barchart · Feb 20

Dollar Firms on Strong US Economic News

The dollar index (DXY00 ) is up by +0.26%. The dollar is moving higher today and found support on better-than-expected US economic reports on Dec capital goods new orders, Dec housing starts and building permits, and Jan manufacturing production. Also, higher T-note yields today have strengthened the dollar’s interest rate...

Barchart · Feb 18

Dollar Supported by Hawkish Fed Comments

The dollar index (DXY00 ) on Tuesday rose to a 1-week high and finished up by +0.25%. Weakness in the euro and the British pound on Tuesday was supportive for the dollar after both currencies fell to 1-week lows. Also, hawkish Fed comments boosted the dollar on Tuesday after Chicago...

Barchart · Feb 17

Dollar Rallies as Weak Stocks Spur Liquidity Demand for the Dollar

The dollar index (DXY00 ) today is up by +0.55% at a 1-week high. Today's slide in stocks has boosted some liquidity demand for the dollar. Also, weakness in the euro and the British pound is bullish for the dollar after the currencies fell to 1-week lows. Today's US economic...

Barchart · Feb 17

Dollar Finishes Slightly Lower on Tame US Consumer Prices

The dollar index (DXY00 ) on Friday fell by -0.01%. The dollar posted modest losses on Friday after US January consumer prices rose less than expected, boosting speculation that the Fed could resume cutting interest rates. Also, a recovery in stocks reduced liquidity demand for the dollar. US Jan CPI...

Barchart · Feb 13

Dollar is Slightly Higher as Weak Stocks Boost Liquidity Demand

The dollar index (DXY00 ) today is up +0.04%. The weakness in stocks today has boosted some liquidity demand for the dollar. However, gains in the dollar are limited after US January consumer prices rose less than expected, boosting speculation that the Fed will be able to resume cutting interest...

Barchart · Feb 13

Dollar Recovers as Stocks Tumble

The dollar index (DXY00 ) on Thursday rose by +0.12%. The dollar recovered from early losses on Thursday and moved higher after the sell-off in equity markets spurred liquidity demand for the dollar. The dollar also has some carryover support from Wednesday’s better-than-expected US Jan payroll report that dampened speculation...

Barchart · Feb 12

Dollar Slips with T-note Yields

The dollar index (DXY00 ) today is down -0.04%. Today’s smaller-than-expected decline in weekly US jobless claims and the larger-than-expected decline in Jan existing home sales knocked T-note yields lower and are weighing on the dollar. Also, strength in the Chinese yuan is pressuring the dollar, as the yuan rallied...

Barchart · Feb 12