Search results for "DXY"
10:53

The US dollar index fell by about 2% in August and may continue to be weak in the future.

According to ChainCatcher news and Jin10 reports, the US Dollar Index DXY fell by about 2% in August, partially erasing the gains made in July. This marks the first single-month rise in the dollar since President Trump took office. Wall Street expects that as signs of economic slowdown emerge, the Fed may cut interest rates again, and the dollar may continue its decline of over 8% this year. Jayati Baladwa, head of forex strategy at TD Securities, stated that recent actions by the US government will have a long-term impact on the dollar's safe-haven status, and the risk premium may begin to weigh on the dollar.
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TRUMP21.55%
10:53

The US dollar index fell about 2% in August, with both technical and fundamental factors pointing to continued weakness.

Jin10 data reported on August 29 that the dollar index DXY fell by about 2% in August, partially erasing the gains of July — which was the first month of dollar appreciation since Trump was inaugurated as President of the United States. Wall Street expects that as the economy shows signs of slowing and the Fed seems ready to cut rates again, the dollar may continue its decline of more than 8% this year. Trump has questioned the credibility of the Fed and the reliability of economic data, further weakening the dollar's appeal. "The recent actions of the U.S. government will have long-term effects," wrote Jayati Balladwaj, head of forex strategy at TD Securities. "This is eroding the dollar's safe-haven status, and risk premiums should begin to put pressure on the dollar." Technical analysis also indicates that the dollar is in a clear downward trend. Option pricing on Thursday showed that traders expect the dollar to decline slightly over the next three to six months. The dollar index broke below the 100-day moving average in early March this year and has been under pressure since then. This month, two attempts to break above the moving average have failed.
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TRUMP21.55%
08:20

Bitunix analyst: Brazil plans to sue for tariffs in the US; BTC's next resistance is 114000, support is 109000

BlockBeats news, on August 28, Brazilian Finance Minister Haddad stated that he may file a lawsuit against the U.S. government for a 50% tariff in U.S. court, warning against the weaponization of the dollar. This move exacerbates U.S.-Brazil tensions and discussions on de-dollarization, becoming variables for capital flow and risk appetite in emerging markets. In terms of Crypto Assets, the BTC settlement heatmap shows a gathering of 114,000 liquidations and open orders, which is the main pressure; the resistance above is at 116,800; the support below is at 112,000 and 109,500–110,000. Bitunix analysts suggest: This event is part of a long-term game of legal and policy strategies, with limited short-term impact on liquidity. The key still lies in the DXY trend and the rhythm of tariff implementation. If the "weaponization of the dollar" controversy heats up and settlement diversification spreads, it will be favourable for the BTC mid-to-long term narrative; conversely, a strong dollar will suppress valuations. It is recommended to follow U.S.-Brazil legal developments.
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14:16

Spot gold surged significantly by 14 USD, reported at 3,350.13 USD.

According to ChainCatcher news and Jin10 reports, Spot gold has surged significantly by 14 USD in the short-term, currently reported at 3,350.13 USD. Meanwhile, the DXY dollar index has sharply declined by 50 points in the short-term, currently reported at 98.26.
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12:57

Trump called for an interest rate cut again on the Fed decision day, and the dollar index DXY rose over 0.5% intraday.

Odaily News A few hours before the Fed announced its interest rate decision, U.S. President Trump once again called for a drop in interest rates. After the release of the U.S. second-quarter GDP data, Trump stated on the Truth Social platform that Fed Chairman Jerome Powell "must cut rates now. There is no inflation." The U.S. Dollar Index DXY rose more than 0.50% during the day, currently reported at 99.37, continuing to set a new high since June 23. (Jin10)
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TRUMP21.55%
14:57

The US dollar fell while non-US currencies pumped.

Jin10 data reported on July 16, the US Dollar Index DXY fell short-term by 25 points, currently at 98.57. Non-USD currencies rose broadly, with the Euro to US Dollar EUR/USD rising short-term by 40 points, the British Pound to US Dollar GBP/USD rising short-term by over 30 points, and the US Dollar to Japanese Yen USD/JPY falling short-term by more than 40 points.
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15:33

The US dollar index continues to rise, and the USD/JPY has crossed 149.

Jin10 data, July 15 news, the US dollar index DXY intraday rise expanded to 0.50%, currently reported at 98.59. The USD/JPY has risen above the 149 mark, continuing to hit a new high since April 3, with an intraday rise expanded to 0.87%. The NZD/USD intraday fall reached 0.50%, currently reported at 0.5940. The EUR/USD intraday fall reached 0.50%, currently reported at 1.1605.
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13:02

The US Dollar Index DXY has fallen below 97 again.

Jin10 data reported on June 27: U.S. personal spending in May recorded the largest fall since the beginning of the year, dragging down the dollar index DXY, which fell below 97 again, down 0.31% for the day.
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02:17

Trump considers candidates to replace Powell, and the dollar index falls to around 97.50.

Gate News bot reports that according to FXStreet, the US Dollar Index (DXY) is an index that measures the value of the US dollar against a basket of six major world currencies, which fell to a three-and-a-half-year low near 97.60 in early European trading on Thursday. Concerns about the independence and credibility of the Federal Reserve (FED) are putting pressure on the dollar.
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TRUMP21.55%
21:07

The US dollar strengthened by about 0.5% in early trading.

Jin10 data reported on June 23, Monday, at the beginning of the foreign exchange market, the US Dollar Index DXY rose 0.46%, reported at 99.23; Euro against US Dollar EUR/USD fell 0.34%, reported at 1.1456; US Dollar against Japanese Yen USD/JPY rose 0.45%.
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03:02

The US dollar index fell slightly to around 98.50, awaiting the Federal Reserve monetary policy report.

Gate News bot news, according to FXStreet, the US Dollar Index (DXY), which measures the value of the dollar against six major currencies, has fallen for the second consecutive day, trading at around 98.70 at the time of writing. Traders may follow the monetary policy report that the Federal Reserve is scheduled to release on Friday. The Federal Reserve Committee will submit a report to Congress that includes discussions on "the implementation of monetary policy, economic developments, and future outlook."
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03:13

The Federal Reserve (FED) maintains the Intrerest Rate unchanged, tensions in the Middle East escalate, and the U.S. dollar index breaks through 99.00.

According to Gate News bot, FXStreet reported that the U.S. Dollar Index (DXY), which measures the exchange rate of the dollar against six major currencies, has risen for the third consecutive trading day, reaching around 99.10 during the Asian session on Thursday. The Federal Reserve (FED) decided to maintain the policy interest rate at 4.25%-4.50% during its June meeting on Wednesday, which was in line with market expectations, leading to further dollar gains. The Federal Open Market Committee (FOMC) still expects the Federal Reserve (FED) to cut interest rates by about 50 basis points by the end of 2025.
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TRUMP21.55%
01:15

The US Dollar Index is rising short-term, while the Japanese Yen is falling short-term by about 70 points.

Jin10 data May 28 news, the US Dollar Index DXY has risen nearly 20 points in the short term, currently reported at 99.65. The USD/JPY has temporarily risen about 70 points in the short term, currently reported at 144.55. The EUR/USD has fallen about 20 points in the short term, currently reported at 1.1325. The GBP/USD has fallen 20 points in the short term, currently reported at 1.3504.
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05:13

The US Dollar Index rebounds, and the USD/JPY rises nearly 40 points in the short-term.

Jin10 data May 27 news, the US Dollar Index DXY continues to rebound, rising short-term by 10 points, currently reported at 99.16. The Euro to US Dollar EUR/USD short-term falls by 10 points, currently reported at 1.3729; the British Pound to US Dollar GBP/USD short-term falls by nearly 20 points, currently reported at 1.3541; the US Dollar to Japanese Yen USD/JPY short-term rises by nearly 40 points, currently reported at 143.16.
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