Stock Market & Investment News

The Dollar was mostly higher through the London morning session, peaking just after the hotter U.S. PPI outcome. The DXY topped at a one-month high of 90.68, up from intra day lows of 90.35. Aside from PPI, data was mixed, with retail sales missing the mark, though upwardly revised previous months data took the sting […]

The dollar has been trading steady-to-softer in the latest phase, putting a little distance in from the rebound highs that were seen on Friday or yesterday versus the other G10+ currencies. The 10-year U.S. Treasury yield, a big focus for currency markets currently, has tipped back under 1.490% after scaling above 1.50% yesterday, which had […]

The dollar majors have been plying narrow ranges into the Fed policy announcement, which is due later today at the completion of the two-day FOMC meeting. The narrow trade-weighted DXY dollar index has settled near 90.50 after ebbing back from yesterday’s one-month high at 90.68. The peak was seen as the 2-year U.S. Treasury yield […]