Dollar index forecast: DXY clings to 101.60 support as Fed decision nears
The US dollar index steadied near 101.70 on Wednesday after touching a three-week low, caught between fading October hike odds and a near-certain December rate increase.
Stories tagged “GBP/USD”
5 stories on GBP/USD from MarketRadar.
Dollar index slides to 101.7 as Iran war fears and AI-trade doubts hit the greenback
The dollar index fell 0.25% to 101.71 on Tuesday as traders weighed the US-Iran war against fresh doubts about the AI trade, with sterling, the euro, the yen and the Canadian dollar all gaining.
Dollar index falls for first time in five weeks as AI wobbles hit the greenback
The dollar index fell 0.17% to 101.87 on Friday, heading for its first weekly decline in five weeks as AI-driven market stress and fading Fed rate-hike bets knocked the greenback off its highs.
Dollar overbought across G10 but no reversal catalyst in sight: ING
ING's FX team says the dollar is stretched across the G10 — overvalued by 1.1% on its own model — but sees no macro trigger yet for the rally to turn.
GBP/USD bounces as weak 29K NFP dents dollar — relief from 3-month lows
GBP/USD clung to 1.3200 into Friday's US jobs report — then September payrolls printed at just 29K vs 90K expected, knocking the dollar and giving sterling breathing room.