The Latest Breaking News from Stournaras

The dollar index (DXY00 ) today is down by -0.10% and dropped to a 2-1/2 week low. Today’s decline in T-note yields is weighing on the dollar. Also, strength in stocks today has reduced liquidity demand for the dollar. The markets are discounting the chances at 66% for a -25...

The dollar index (DXY00 ) Thursday finished up +0.30% and posted a 13-month high. The dollar Thursday recovered from early losses and moved higher as a rebound in T-note yields strengthened the dollar’s interest rate differentials after T-note yields recovered from early losses and moved higher. Thursday’s US economic news...

The dollar index (DXY00 ) on Friday rose by +0.72% and posted a 5-1/4 month high. The divergence between the Fed and ECB is boosting the dollar and undercutting the euro, with the Fed expected to delay interest rate cuts and the ECB expected to begin cutting rates in June....

The dollar index (DXY00 ) this morning is up by +0.71% at a 5-1/4 month high. The divergence between the Fed and ECB is boosting the dollar and undercutting the euro, with the Fed expected to delay interest rate cuts and the ECB expected to begin cutting rates in June....

The dollar index (DXY00 ) on Monday fell by -0.11%. The dollar was undercut by strength in the euro, which rose on hawkish ECB comments. Also, Monday’s weaker-than-expected U.S. Jan new home sales report weighed on the dollar. Higher T-note yields Monday limited declines in the dollar. U.S. Jan new...

The dollar index (DXY00 ) this morning is down by -0.11%. The dollar is under pressure this morning on strength in the euro, which rose on hawkish ECB comments. Also, today’s weaker-than-expected U.S. Jan new home sales report weighed on the dollar. U.S. Jan new home sales rose +1.5% to...

The dollar index (DXY00 ) on Wednesday rose by +0.04%. The dollar on Wednesday recovered from a 3-1/2 month low and posted modest gains. The dollar rebounded after Wednesday’s economic news showed Q3 GDP was revised higher than expected. Also, an easing of consumer price pressures in Germany and Spain...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.40%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.51%. Stocks this morning are moderately higher, with the S&P...

The dollar index (DXY00 ) Tuesday rose by +0.50%. Weakness in the yen supported the dollar as the yen Tuesday tumbled to a 1-year low against the dollar after the BOJ maintained record low-interest rates and reaffirmed its bond-buying program. Also, weaker-than-expected Eurozone economic news weighed on the euro to...