United States President Trump states that the US-China trade agreement is a “done deal”, lifting risk sentiment. The US Consumer Price Index data for May misses expectations, with the focus shifting to the US Producer Price Index data on Thursday. Gold prices remain above $3,300, but recent US-China trade progress limits the safe appeal of…
The US Dollar is turning green and avoids a fresh five-month low in the US Dollar Index. Traders see Germany boost its spending by 0.5 trillion Euro. The US Dollar Index recovers from earlier declines as Putin and Trump are talking. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major…
The US Dollar trades a touch softer on Thursday against most major peers. Traders are quick to ignore the recent Producer Price Index (PPI) release. The US Dollar Index (DXY) resides below 108.00 and is flat for this week. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six…
The US Dollar pops after stronger-than-expected January inflation numbers. Fed Chairman Jerome Powell heads into his second day at Capitol Hill. The US Dollar Index (DXY) shoots higher and heads to 108.50 in the CPI aftermath. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is soaring in…
