The Latest Breaking News from ECB Executive Board

The dollar index (DXY00 ) Friday climbed to a 1-1/2 week high and finished up by +0.37%. The dollar found support from Friday’s US personal spending and the core PCE reports, which dampened speculation the Fed will cut interest rates by 50 bp at next month’s FOMC meeting. The dollar...

The dollar index (DXY00 ) today is up by +0.17% at a 1-1/2 week high. The dollar is finding support from today’s US personal spending and the core PCE reports, which dampened speculation the Fed will cut interest rates by 50 bp at next month’s FOMC meeting. The dollar is...

The dollar index (DXY00 ) Wednesday fell by -0.57%. The dollar retreated Wednesday after the US May CPI rose less than expected, boosting expectations for Fed easing later this year. Also, Wednesday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar. The dollar...

The dollar index (DXY00 ) on Friday fell by -0.38%. The dollar was under pressure Friday from strength in stocks, which reduces liquidity demand for the dollar. Also, the strength of the euro on Friday weighed on the dollar after hawkish comments from ECB Executive Board member Schnabel boosted the...

The dollar index (DXY00 ) today is down by -0.31%. The dollar is under pressure today from strength in stocks, which reduces liquidity demand for the dollar. Also, strength in the euro today is weighing on the dollar after hawkish comments from ECB Executive Board member Schnabel boosted the euro....

The dollar index (DXY00 ) on Friday fell by -0.01%. The dollar was under pressure Friday on dovish comments from Atlanta Fed President Bostic, who said if the outlook unfolds as he expects, “it will be appropriate to cut interest rates this year.“ Friday’s weaker-than-expected report on US Apr leading...

The dollar index (DXY00 ) today is up by +0.12%. Higher T-note yields today are supportive of the dollar. The dollar also garnered some support today from mixed economic news from China, which showed that China’s ongoing housing crisis is undercutting consumer spending. The dollar fell back from its best...

The dollar index (DXY00 ) on Wednesday rose slightly on quarter-end demand for the dollar. Also, dovish ECB comments on Wednesday undercut the euro and boosted the dollar. Meanwhile, the yen recovered from a 33-year low and moved higher on speculation that Japanese authorities may soon intervene in currency markets...

The dollar index (DXY00 ) this morning is up by +0.09%. Dovish ECB comments today undercut the euro and gave the dollar a boost. Gains in the dollar are limited after the yen recovered from a 33-year low and moved higher on speculation that Japanese authorities may soon intervene in...

The dollar index (DXY00 ) on Friday fell by -0.01%. The dollar on Friday gave up an early advance and finished slightly lower. The euro moved higher Friday and weighed on the dollar after the 10-year German bund yield climbed to a 2-1/2 month high, strengthening the euro’s interest rate...

The dollar index (DXY00 ) on Wednesday fell by -0.21%. Strength in the euro Wednesday weighed on the dollar after hawkish comments from ECB Executive Board member Schnabel pushed European government bond yields higher. Also, Wednesday’s rally in stocks curbed the liquidity demand for the dollar. The dollar was also...