Stock Market & Investment News

Narrow ranges have been prevailing among the dollar majors as key data and events loom. Tomorrow’s ECB meeting and U.S. CPI are keenly awaited by market participants, in addition to next week’s FOMC meeting. The DXY dollar index has settled nearly the 90.0 level, and has remained within the bounds of yesterday’s ranges, as have […]

The Dollar perked up some in late morning trade, with the DXY recovering from seven-session lows of 89.84. The index had been at 90.00 at the open, and headed to highs of 90.14 after the London close. The 10-year Treasury yield recovered about 3 basis points from its one-plus month low of 1.472%, which likely […]

The currency majors have been idling into key U.S. data and the ECB policy announcement. Global stock markets have also been lacking direction, overall, while most industrial commodities are moderately lower today.The ECB may give the euro a lift, though initial impact potential will be limited ahead of the release of U.S. CPI data for […]

The currency majors have been idling into key U.S. data and the ECB meeting. Global stock markets have also been lacking direction, while most industrial commodities are moderately lower today. The dollar yesterday dropped and then recovered, tracking the direction of longer-dated Treasury yields. The 10-year T-note yield hit a three-month low near 1.470%, which […]