Index

The U.S. dollar index is knocking on a couple of major resistance indicators! Will this lead to DXY extending its 2023 downtrend? Let me show you what’s cookin’ on the daily time frame: U.S. Dollar Index (DXY) Daily Forex Chart by TV …

It looks like anti-dollar sentiment is building up ahead of the Jackson Hole Symposium.Can this translate to more gains for the S&P 500? On its short-term time frame, you can see that the equity index has formed higher lows…

Market Recap Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Major US indices were subdued to end last Friday (DJIA +0.07%; S&P 500…

Slightly stronger than expected inflation data dragged U.K. equities south this week. Can this mean a breakdown for the FTSE 100? On the 4-hour chart below, you can see that the equity index formed lower highs and found support at…

Canadian Dollar Rate, Charts and Analysis:Loonie looks to be on track for more gains for the dollar as Bank of Canada (BoC) like DXY The slide continues.BoC Governor Macklem revealed concerns about the pace that were being raised…

© Reuters. Investing.com - Most Asian currencies rose on Friday, while the dollar hit a 15-month low against a basket of currencies as weak inflation readings in the United States prompted investors to price in interest rate cuts…

The S&P is trading at new highs in 2023As the market nears closing for the week, month, and quarter, the S&P today extends to new highs for the year. The price extended above the June 16 high of 4448.47 to the intraday high of…

© Reuters. Banknotes of the Japanese yen and the US dollar are seen in this illustration photo taken on June 15, 2022. REUTERS/Florence Low/Illustration Written by Chuck Mikolajczak NEW YORK (Reuters) - It jumped to a two-week high…

Who's ready to trade one of the most anticipated calendar events this week? I'm talking about the Fed's favorite inflation measure, yo! Here are some points to consider if you plan to trade the Friday report: Focus on the event: US Core…

Although the major indices closed lower for the day, they each enjoyed solid gains this week. The S&P rose for the fifth straight week. The Nasdaq is up for the eighth week in a row. The Dow Jones Industrial Average rose for the third…