The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, is extending a corrective decline amid rising dovish expectations for the Federal Reserve's (Fed) meeting on Wednesday.

The Dow Jones Industrial Average (DJIA) clipped into another record intraday bid to kick off the new trading week.

After clawing a bit of ground back Friday, the USD is starting a crucial week off back on the defensive, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The US Dollar (USD) trades substantially softer on Monday ahead of the US opening bell. The move comes after traders seem to become increasingly convinced that the US Federal Reserve (Fed) will opt on Wednesday for a big interest-rate cut. This adds

The US Dollar (USD) continued to trade on a back foot as markets re-price for higher likelihood of 50bps cut at upcoming FOMC, OCBC’s FX strategists Frances Cheung and Christopher Wong note.

The Dollar Index (DXY) depreciated by 4.5% this quarter, closing last Friday at 101.11, below the 101.33 mark at the end of 2023, DBS FX strategist Philip Wee notes US GDP growth slowing to 1.7% in 2025 “A knee-jerk rebound is possible if the Fed delivers a 25 bps cut (our call) at the FOMC meeting on September 18 instead of the 50 bps reduction priced in by the futures market.

Despite a mixed batch of US data last week, investors seem to be favouring a 'front-loaded' scenario for the Federal Reserve's easing cycle.

The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, is posting losses on Friday as markets continue digesting this week's inflation data.

The Dow Jones Industrial Average rallied for a third straight day on Friday, climbing over 300 points and coming within reach of record highs above 41,500 as market sentiment tilts further into rate cut hopes.

The USD is posting broad, if mostly limited losses against the major currencies on the day (after falling in late trade yesterday).

The US Dollar (USD) trades very soft again on Friday, set to close out the week with another loss. The decline comes on comments from former Federal Reserve Bank of New York President William Dudley, who mentioned there is still a possibility for a

The DXY Index should continue to retreat from the top of its three-week range between 100.5 and 101.9, DBS’ Senior FX Strategist Philip Wee notes.

USD fell overnight. Higher jobless claims and the WSJ article on Fed's rate cut dilemma revived markets' confidence to price in a jumbo cut at Sep FOMC, OCBC’s FX analysts Frances Cheung and Christopher Wong note.

The currency market has cemented its view that the Federal Reserve's focus has shifted away from inflation this week.

The US Dollar Index, which measures the value of the USD against a basket of six currencies, is posting daily losses after soft labor and inflation data.

The Dow Jones Industrial Average (DJIA) stuck close to familiar midrange territory on Thursday, holding close to the 41,000 handle but struggling to decisely reclaim the key technical figure.

The USD is mixed to slightly softer in subdued FX trading this morning.

The US Dollar (USD) trades broadly flat on Thursday, clinging to gains posted on Wednesday after US core inflation surprised to the upside. After the US inflation data,, markets have now nearly fully priced in a 25 basis point (bp) rate cut by the Federal

The Dollar Index (DXY) initially fell to 101.27 from 101.68 during the US Presidential debate, DBS Senior FX Strategist Philip Wee notes.

Yesterday's slightly higher-than-expected core US CPI for August saw 7bp priced out of the expected 2024 Fed easing cycle.

The US Dollar (USD) bounced overnight after core CPI, real hourly earnings report surprised to the upside, OCBC’s FX analysts Frances Cheung and Christopher Wong note.

What you need to take care of on Thursday, September 12: Financial markets turned risk-averse after the United States (US) released the August Consumer Price Index (CPI).

The US Dollar Index (DXY), a measure of the value of the USD against a basked of six other currencies, lost its ground after the release of mixed inflation data for August.

Since it is such a dominant topic this morning, there’s no point in completely ignoring the debate between the US presidential candidates.

The USD is trading defensively, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The US Dollar (USD) eases a touch on Wednesday, with several news correspondents commenting that Vice President Kamala Harris has won the presidential election debate between her and former US President Donald Trump.

USD fell, tracking UST yields lower. While the lead-up to first Fed cut can see USD decline, the subsequent price action for the USD post-first fed cut can vary, as seen from past rate cut cycles.

Donald Trump and Kamala Harris debated for more than 90 minutes yesterday over a number of key issues including abortion rights, immigration policy and the economy.

The US Dollar Index, a measure of the USD’s value against six other currencies, is firm ahead of tonight’s presidential debate.

The landing of the US economy can be soft, medium or hard. Despite the weakening of the labor market, our economists continue to think that the US economy can avoid a recession, even if the risks of this have of course increased.