The Latest Breaking News from ECB Governing Council

The dollar index (DXY00 ) today rebounded from a 3-week low and is up by +0.11%. An unexpected increase in today’s US Aug retail sales report sparked short covering in the dollar. Also, today’s stronger-than-expected US Aug manufacturing production report was bullish for the dollar. The dollar today initially moved...

The S&P 500 Index ($SPX ) (SPY ) Friday closed up by +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.72%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.47%. Stocks posted moderate gains on Friday, with the S&P 500, Dow...

The dollar index (DXY00 ) Wednesday fell by -0.48%. The dollar retreated Wednesday after the US July trade deficit widened by the most in 2 years. Lower T-note yields Wednesday also weighed on the dollar. Losses in the dollar accelerated after the US July JOLTS job openings fell more than...

The dollar index (DXY00 ) today is down by -0.41%. The dollar is retreating today after the US July trade deficit widened by the most in 2 years. Lower T-note yields today are also weighing on the dollar. Losses in the dollar accelerated after the US July JOLTS job openings...

The dollar index (DXY00 ) Thursday rose by +0.26%. The dollar moved higher Thursday on signs of US economic strength after weekly jobless claims fell more than expected, and Q2 GDP was revised higher on strength in consumer spending, a hawkish factor for Fed policy. The weakness in the euro...

The dollar index (DXY00 ) today is up by +0.31%. The dollar is climbing today on signs of US economic strength after weekly jobless claims fell more than expected, and Q2 GDP was revised higher on strength in consumer spending, a hawkish factor for Fed policy. The weakness in the...

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.02%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.33%. US stocks Tuesday shook off early losses and closed slightly higher. Stocks recovered Tuesday...

The dollar index (DXY00 ) Tuesday tumbled to a 13-month low and finished down by -0.27%. Recent Fed comments and Fed-friendly economic news seemed to confirm that the Fed will begin cutting interest rates next month, a negative factor for the dollar. Also, strength in the British pound (^GBPUSD )...

The dollar index (DXY00 ) today is down slightly by -0.07%. Strength in the British pound (^GBPUSD ) is weighing on the dollar as GBP/USD rallied to a 2-1/3 year high today. However, higher T-note yields today are limiting losses in the dollar. Also, heightened geopolitical risks in the Middle...