Created
: 2024.10.09
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Sentiment-driven and volatile amid competing cross currents - DBS
World FX news
Breaking news
Sentiment-driven and volatile amid competing cross currents - DBS
New
2024.10.09 18:08
2024.10.09 18:08
2024.10.09 18:08
The Dollar Index (DXY) ended Tuesday barely changed at 102.54 after trading below and above Monday's range of 102.37-102.62, DBS' FX strategist Philip Wee notes.
The Fed is trying to get its 'balanced' message across
"DXY initially fell to a low of 102.29 during the Asian session and rose to 102.64 during the European session before ending the US session at 102.54."
"Despite the futures market withdrawing bets for another 50 bps cut at next month's FOMC meeting, the US Treasury 2Y yield eased, for the first time in five sessions, by 3.7 bps to 3.958% after failing to break above 4% on Monday."
Last updated
: 2024.10.09
Related articles
EUR/GBP Price Analysis: Mixed outlook as bulls and bears tussle near 0.8380
4 minutes agoGBP/USD Price Forecast: Bears gather steam, push prices below 1.3100
2024.10.09 23:58GBP/USD: Flat range but undertone remains soft - Scotiabank
2024.10.09 23:45USD/JPY hovers near seven-week high around 149.00 in countdown to FOMC Minutes
2024.10.09 23:16NZD/USD Price Forecast: Plunges below 0.6100 on RBNZ 50 bps rate cut
2024.10.09 22:35Fed's Logan: There still are real upside risks to inflation
2024.10.09 22:28
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
EUR/GBP Price Analysis: Mixed outlook as bulls and bears tussle near 0.8380
The EUR/GBP pair trades around 0.8380, consolidating sideways and displaying no clear trend.
New
2024.10.10 01:22Gold: CTAs are max long - TDS
Earth to macro funds. There is no magical reason why Fed cuts have to led to higher Gold prices, TDS' Senior Commodity Strategist Daniel Ghali notes.
New
2024.10.10 00:20GBP/USD Price Forecast: Bears gather steam, push prices below 1.3100
The British Pound lost some ground against the Greenback on Wednesday as traders await minutes of the Federal Reserve's last meeting and US inflation data on Thursday.
New
2024.10.09 23:58GBP/USD: Flat range but undertone remains soft - Scotiabank
The Pound Sterling (GBP) is trading marginally lower on the day, reflecting the generally soft tone of the major currencies against the USD, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2024.10.09 23:45USD/JPY hovers near seven-week high around 149.00 in countdown to FOMC Minutes
The USD/JPY pair remains firm near a seven-week high around 149.00 in Wednesday's North American session.
New
2024.10.09 23:16NZD/USD Price Forecast: Plunges below 0.6100 on RBNZ 50 bps rate cut
The NZD/USD pair faces an intense sell-off and slides below the round-level support of 0.6100 in Wednesday's North American session.
New
2024.10.09 22:35Fed's Logan: There still are real upside risks to inflation
Dallas Federal Reserve Bank President Lorie Logan argued on Wednesday that she had supported last month's substantial interest-rate cut but favoured smaller reductions going forward.
New
2024.10.09 22:28Fed Minutes Preview: Details on decision to trim rates by 50 bps in September take centre stage
The Minutes of the US Federal Reserve's (Fed) September 17-18 monetary policy meeting will be published on Wednesday at 18:00 GMT.
New
2024.10.09 22:15EUR/USD: Weakness likely to persist below 1.10 - Scotiabank
ECB VP Villeroy said the central bank will very probably lower rates at next week's policy decision, in keeping with his and other policymakers' comments that have made a 25bps cut all but certain (and all but priced in) for the 17th, Scotiabank's Chief FX Strategist Shaun Osborne notes.
New
2024.10.09 21:00Not much new from the Mexican inflation data? - Commerzbank
This afternoon, European time, the Mexican inflation figures for September will be released, Commerzbank's FX analyst Michael Pfister notes.
New
2024.10.09 20:46Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
