The US Dollar Index opened lower on Monday. At 4:55 AM EST on January 22, the US Dollar Index was trading at 90.50—a drop of 0.08%.
On Friday, the US Dollar Index opened the day on a weaker note and traded at three-year low price levels in the early hours.
Most countries tend to issue debt to fund their deficits and keep paying interest on these borrowings. These revenues are generated through taxes from companies and individuals.
The current debt ceiling is likely to be breached on January 19, and once that happens, the US Treasury must stop issuing any new debt (SHY).
The US Dollar Index is trading above opening prices with stability. At 5:30 AM EST on January 17, the US Dollar Index was trading at 90.6.
The core CPI of 0.3% pushed the annual number up by 0.1% to 1.8%.
The US Dollar Index (UUP) continued its decline, posting a fourth consecutive weekly loss during the week ended January 12.
After falling for four consecutive trading weeks, the US Dollar Index started this week on a weaker note by falling to three-year low price levels.
The US Dollar Index regained strength this week. At 4:05 AM EST on January 11, the US Dollar Index was trading at 92.49—a gain of 0.17%.
The US bond (BND) markets returned to weakness last week after a minor bout of enthusiasm following the tax cut announcement.
As per the January JOLTS report, there were 5.9 million job openings at the end of November.
The US Dollar Index started Tuesday with improved sentiment and traded with strength in the early hours.
The US Dollar Index opened January 8 on a stronger note and traded at one-week high price levels in the early hours.
The US FOMC December meeting minutes and the December employment data are key economic data releases that could impact markets this week.
The Fed rolled out another rate hike at its final meeting of 2017. The target range for the federal funds rate was increased by 0.25% to 1.25%–1.50%, and the Fed has…
The Conference Board LCI (Leading Credit Index), a constituent in the LEI (Leading Economic Index), is published every month and tracks credit conditions in the US economy by following changes in…
After falling for two consecutive trading weeks, the US Dollar Index started this week on a weaker note and traded with mixed sentiment.
The US Dollar Index broke its three-week-long gaining steak this week and fell to three-week low price levels on Wednesday.
The British pound (FXB) appreciated 0.32% against the US dollar (UUP) for the week ended December 22, 2017.
The US bond (BND) markets witnessed surprising selling last week despite the passage of the tax reform bill.