US Dollar Index: DXY traces yields to refresh multi-day top below 103.00 ahead of US ISM Services PMI – by anilpanchal7 DollarIndex YieldCurve RiskAppetite PMI Employment
the Greenback’s gauge versus the six major currencies defend the previous three-day uptrend ahead of a slew of US data conveying employment, inflation and activity conditions.
That said, Fitch Ratings’ downgrade to the US government credit rating flagged fears of the US default and weighed on the sentiment, which in turn bolstered the US Dollar’s haven demand. Further, US ADP Employment Change for July rose past 189K markets forecasts to 324K while the previous readings were revised down to 455K, which in turn added strength to the DXY.after the rating cut by fueling the weekly longer-term debt issuance, which in turn propelled the bond coupons and the DXY.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Barbie' and 'Oppenheimer' give AMC Theatres its best week ever in 103-year history'Barbie' and 'Oppenheimer' helped AMC Theatres achieve its highest single-week admissions revenue record.
Read more »
AMC Theatres boasts 103-year record after historic sales weekThe movie theater chain's weekly admissions revenue for July 21-27 marked a 103-year record.
Read more »
Barbenheimer Gave AMC Its Best Revenue Week in 103 YearsBarbenheimer proved to be beneficial for AMC theater chains, reaching a ticket revenue record that hasn't been seen in the chain's 103 years.
Read more »
US Dollar Index: DXY ignores softer yields to reclaim 102.00 as sentiment sours on US credit rating cutUS Dollar Index: DXY ignores softer yields to reclaim 102.00 as sentiment sours on US credit rating cut – by anilpanchal7 DollarIndex RatingAgencies RiskAversion YieldCurve Fed
Read more »
USD Index maintains the bid bias unchanged above 102.00 ahead of ADPThe USD Index (DXY), which gauges the greenback vs. a bundle of its main competitors, keeps the optimism well and sound for yet another session on Wed
Read more »
USD Index climbs to 3-week tops past 102.00 ahead of dataThe greenback, in terms of the USD Index (DXY), extends the recovery to fresh three-week highs north 102.00 the figure on turnaround Tuesday. USD Inde
Read more »