The Latest Breaking News from ECB Governing Council

The dollar index (DXY00 ) today is up by +0.10% on support from higher T-note yields. However, today’s rally in the S&P 500 to a new record high has curbed some liquidity demand for the dollar. Comments today from Fed Chair Powell today were neutral for the dollar. Fed Chair...

The dollar index (DXY00 ) Tuesday fell by -0.17%. The dollar on Tuesday moved lower, pressured by a decline in T-note yields. The dollar extended its losses Tuesday based on dovish comments from Fed Chair Powell, who said prices now show signs of resuming their disinflation trend. Losses in the...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.51%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.14%. Stock indexes today are mixed, with the Dow Jones Industrials falling to a 1-1/2...

The dollar index (DXY00 ) today is up by +0.51% at a 5-week high. Heightened political uncertainty in France is hammering the euro and supporting the dollar. Also, today’s stock slide has boosted liquidity demand for the dollar. In addition, hawkish comments from Clevland Fed President Mester gave the dollar...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.20%. Stock indexes today are mixed. The broader market is moderately lower on negative carryover...

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 ) today is down by -0.69%. The dollar retreated today after the US May CPI rose less than expected, boosting expectations for Fed easing later this year. Also, today’s rally in the S&P 500 to a new record high has reduced liquidity demand for the dollar....

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.26%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.39%. Stock indexes on Monday recovered from early losses and posted mild gains. The S&P...

The dollar index (DXY00 ) Monday rose by +0.24% and posted a 3-1/2 week high. The dollar moved higher Monday on carryover support from last Friday’s stronger-than-expected US May payroll report, which curbed expectations for Fed rate cuts. Also, higher T-note yields on Monday strengthened the dollar’s interest rate differentials....