USDSGD Forex News
Dollar Index Steadies Above 106 on Hawkish Fed Speak, Risk-Off
The Dollar Index, a popular gauge of the Greenback’s value against a basket of 6 major currencies, steadied to close at 106.11 (106.15 Friday).
ACY Securities
|
6 days ago
Dollar Lifts as Iran Hits Israel, Geopolitical Risk Climbs
The Dollar Index (DXY) soared to finish above 106.0 (104.95) as geopolitical risks rose amidst hawkish Fed bets. News that Iran fired a huge salvo of missiles and drones toward Israel boosted the Greenback against its Rivals.
ACY Securities
|
12 days ago
USD/JPY Climbs to 1990 Highs on Hot US Inflation Data
Stronger than expected Inflation data in the US, which accelerated to 3.5% for the second month running, lifted the Dollar Index to 105.23, a 5-month high.
ACY Securities
|
16 days ago
Dollar Extends Gains into FOMC Meet; Gold, Metals Tumble
Gold prices slumped anew to USD 2,155 per ounce from USD 2,163 on Friday, and USD 2,184 a week ago, boosting the US Dollar up against its Rivals.
ACY Securities
|
41 days ago
Dollar Retreats on Soft US PMIs, Bond Yields Tumble
The US ISM Manufacturing PMI in February fell to 47.8, way below estimates of 49.5, and 49.1 previously. US Bond yields tumbled, with the 10-year rate settling at 4.18% (4.25%). The 2-year US treasury rate slumped 11 basis points, finishing at 4.53%.
ACY Securities
|
54 days ago
DXY Subdued on Soft US Durable Goods, Confidence
Heading into this morning’s RBNZ Rate Decision meeting, the Kiwi (NZD/USD) steadied to 0.6170, little changed from 0.6165 previously. The Kiwi retreated off Monday’s high at 0.6211. Last week RBNZ Governor Adrian Orr acknowledged the risks of tightening policy.
ACY Securities
|
59 days ago
Dollar Ends the Week Flat Even as Treasury Yields Fall
The Dollar Index (DXY), a popular gauge of the Greenback’s value against a basket of 6 major currencies, finished the week little changed, at 103.95 (103.92).
ACY Securities
|
61 days ago
Dollar Index Flat Post FOMC Minutes; Yen Stays Weak
The Dollar Index, a popular gauge of the Greenback’s value against a basket of 6 major currencies, finished little-changed at 103.97(103.95).
ACY Securities
|
65 days ago
AUD, NZD Outperform, DXY Flat; FOMC, Fed Speak Next
The Aussie (AUD/USD) and Kiwi (NZD/USD) outperformed, buoyed by a subdued US Dollar amidst lower treasury yields. The Aussie climbed to 0.6553 (0.6530) while the Kiwi found its wings, soaring to 0.6167 from 0.6140.
ACY Securities
|
67 days ago
Dollar, Yields Soar on Surprise Strong US Inflation Report
The Greenback strengthened through the 150 Yen mark for the first time since November 2023 after US January Inflation increased 3.1% annually, beating estimates at 2.9%. At the close of trade in New York, USD/JPY was up at 150.85 against 149.25 previously.
ACY Securities
|
74 days ago