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Dow Jones Industrial Average tests fresh highs on NFP beat despite downside revisions

The Dow Jones Industrial Average (DJIA) briefly tested fresh 13-week peaks on Friday, with equities taking a step higher after Nonfarm Payrolls (NFP) jobs data came in stronger than expected.

Source  Fxstreet1749232993
USD steadies ahead of payrolls – Scotiabank

The US Dollar (USD) is heading into the end of the week with moderate but broad bid under it.

Source  Fxstreet1749209142
Forex Today: Could Nonfarm Payroll figures save the US Dollar?

The Greenback bounced off its weekly lows of 98.35 as China’s media reported a call between US President Donald Trump and China’s President Xi Jinping. Both parties mentioned the call was good and focused on trade policies and rare earths.

Source  Fxstreet1749150111
Dow Jones Industrial Average remains in consolidation as markets look ahead to NFP jobs data

The Dow Jones Industrial Average (DJIA) held steady on Thursday, chugging quietly near the previous day’s closing bids.

Source  Fxstreet1749145752
USD little changed as markets await NFP data – Scotiabank

Markets are trading in relatively subdued fashion, leaving the USD soft overall but little changed on the session and holding near the past week’s low, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Source  Fxstreet1749122674
USD: 'Slightly pessimistic and uncertain' – ING

'Slightly pessimistic and uncertain' was the characterisation of the US outlook expressed in the Fed's Beige Book released last night and ahead of the next FOMC meeting on 19 June.

Source  Fxstreet1749113711
Dow Jones Industrial Average flattens after cautionary ADP jobs print

The Dow Jones Industrial Average (DJIA) remained largely unchanged on Wednesday after bullish investor sentiment was stymied by a softer-than-expected ADP jobs print. Overall market momentum is cooling off as indexes hit a lull between trade war headlines.

Source  Fxstreet1749061020
US Dollar Index (DXY) stalls above 99.00 as JOLTS jobs optimism fades

The US Dollar Index (DXY) nudges lower on Wednesday, following a sharp rebound on Tuesday.

Source  Fxstreet1749037876
USD little changed as markets mull tariffs – Scotiabank

The USD is trading steady to a little softer overall in quiet trade. Global stocks are firmer while bonds are little changed in rather quiet trading, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Source  Fxstreet1749036789
USD rebounds as risk appetite improves – Danske Bank

The US Dollar (USD) caught a bid across G10 FX yesterday as safe-haven flows took a breather amid improved risk sentiment, with the JPY, CHF, and particularly gold weakening, Danske Bank's FX analysts report.

Source  Fxstreet1749029769
USD: Dollar rebounds, trade and ISM in focus – ING

The US Dollar (USD) showed resilience despite the late-session bounce in Treasury yields, supported by strong April JOLTS job openings. That said, the JOLTS data adds little to the overall jobs picture: the labour market remains tight, while declining quits suggest wage growth is easing.

Source  Fxstreet1749027905
Dow Jones Industrial Average rises as markets hope for trade deals

The Dow Jones Industrial Average (DJIA) rose on Tuesday, bolstered by endless optimism in the tech sector. AI rally frontrunner Nvidia (NVDA) led a chip-based market advance, surpassing Microsoft’s market cap for the first time since January.

Source  Fxstreet1748978366
USD steadies, undertone remains bearish – Scotiabank

The US Dollar (USD) is tracking a little higher overall, consolidating the soft tone seen over the past few sessions as the Dollar Index (DXY) losses hold near recent lows, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Source  Fxstreet1748949743
Is the Fed really to blame for the weak USD? – Commerzbank

The reason for the significant strengthening of the US Dollar (USD) in September, when Donald Trump's second term in office was approaching, was obvious.

Source  Fxstreet1748943397
USD: Testing short tolerance levels – ING

The US Dollar’s slide accelerated at the start of the week, driven by two main factors: growing trade uncertainty and rising concerns from bond vigilantes over the US deficit.

Source  Fxstreet1748941322
Dow Jones Industrial Average struggles under the weight of fresh trade concerns

The Dow Jones Industrial Average (DJIA) remains trapped in near-term congestion as trade woes weigh on investors and the new trading month kicks off on a cautious note.

Source  Fxstreet1748887741
Trade, tariff concerns weigh on the USD – Scotiabank

With a new month underway, the US Dollar (USD) finds itself on the defensive again, supporting the idea that some of its late May gains could have been related to month-end demand.

Source  Fxstreet1748863523
USD: Risk environment softens on trade confrontation – ING

Global equity markets and the dollar start the week a little softer as trade tensions between the US and China start to reappear. It's not quite fair to say that the US-China trade deal reached in Geneva last month is unravelling, but both sides clearly seem frustrated.

Source  Fxstreet1748860536
Dow Jones Industrial Average hobbled by renewed China trade tensions

The Dow Jones Industrial Average (DJIA) stumbled on Friday as investors continue to get pummeled with new trade concerns from the White House.

Source  Fxstreet1748629032
USD firmer but tariff, fiscal uncertainties persist – Scotiabank

Tariffs were off Tuesday night and were back on again, at least for now, Thursday afternoon after a Federal Appeals Court allowed the president’s tariff plans to remain in place pending further rulings, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Source  Fxstreet1748604809
USD: Trust in the US is shaken – Commerzbank

Yesterday, there was a brief glimmer of hope that US courts might overturn the US government's tariff policy. The resulting recovery of the US dollar was short-lived. After an appeals court blocked a corresponding injunction, the dollar took a significant hit. Of course, the ruling is preliminary.

Source  Fxstreet1748601456
USD: April spending and inflation data in focus – ING

Yesterday's dollar rally didn't last long. It quickly became clear that the Trump administration would pursue other trade laws to enact its tariffs, and later, the US Court of Appeals proposed a delay in the original court ruling that tariffs were illegal.

Source  Fxstreet1748598320
Dow Jones Industrial Average gives up tech rally gains as policy confusion sets in

The Dow Jones Industrial Average (DJIA) whipsawed through the overnight session and into Wednesday’s trading window, with investors piling back into the tech rally after Nvidia (NVDA) posted better-than-expected quarterly earnings in Q1.

Source  Fxstreet1748537900
USD eases after brief advance on tariff block – Scotiabank

Late yesterday, a US court blocked a large part of President Trump’s tariff plans, striking down reciprocal and fentanyl-related tariffs.

Source  Fxstreet1748517401
USD: Trade wars can be messy – ING

FX markets should focus on two themes today: the US Court of International Trade ruling that the majority of President Trump's tariffs are illegal, and insights from the minutes of the 7 May FOMC meeting, which suggest that dollar selling in April was driven by hedging rather than outright sales of

Source  Fxstreet1748513214
DXY: Trump tariffs challenged – OCBC

US Dollar's (USD’s) rebound found momentum from a US court ruling, saying that Trump’s unilateral imposition of 'Liberation Day tariffs' under the International Emergency Economic Powers Act (IEEPA) is invalid.

Source  Fxstreet1748511407
Dow Jones Industrial Average coils as equities snub Fed Meeting Minutes

The Dow Jones Industrial Average (DJIA) is slightly lower on Wednesday, easing to intraday lows near 42,150 as equity traders await key earnings reports from tech heavyweight Nvidia (NVDA).

Source  Fxstreet1748457943
US Dollar Index jitters as Fed Meeting Minutes reveal increasingly-cautious Fed

The latest Meeting Minutes from the Federal Reserve's (Fed) Federal Open Market Committee (FOMC) rate meeting on May 6-7 indicate a historically rooted wait-and-see approach. At this meeting, policymakers observed that the US Dollar's (USD) status as a safe haven has recently diminished.

Source  Fxstreet1748456588
USD edges lower on softer bonds, stocks – Scotiabank

The US Dollar (USD) is trading lower overall on the day, after easing back from its overnight peaks against the major currencies as global stocks and bonds slip, Scotiabank's Chief FX Strategist Shaun Osborne notes.

Source  Fxstreet1748431192
DXY: FOMC minutes, core PCE this week – OCBC

US Dollar (USD) rebounded from lower grounds, owing to upside surprise from US consumer confidence and progress with EU-US trade talks. DXY was last at 99.56 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Source  Fxstreet1748422707
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