FOREX-Dollar Heads for Weekly Gain as Warsh Remarks Awaited

FOREX-Dollar heads for weekly gain as Warsh remarks awaited

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US Dollar Price Forecast: Warsh Looms as DXY Rebounds, EUR/USD Pulls Back; GBPUSD Key Levels

Dollar Index Price Chart – Source: Tradingview The U.S. Dollar Index has almost reached 99.20 on the 4-hour chart as it has recovered from the 98.56 low and gone back above the 50-EMA, which is at 99.16, although the price is still below the 100-EMA and is still below the descending trendline, so the bullish [...] The post US Dollar Price Forecast: Warsh Looms as DXY Rebounds, EUR/USD Pulls Back; GBPUSD Key Levels appeared first on BIPNs.

Dollar Rises After Warsh Remarks, Heads for Weekly Gain

The U.S. dollar strengthened on Friday, extending its gains after Federal Reserve Chair Kevin Warsh signaled that interest rates may need to rise if policymakers are not convinced that inflation is moving back toward the central bank’s 2% target.

Oil Falls as Hormuz Talks Lift Supply Hopes; Dollar Gains, Treasury Yields Ease Ahead of Warsh

Oil prices fell more than $1 on Thursday, extending a multi-day decline as expectations of renewed diplomacy between Iran and Qatar raised hopes that the Strait of Hormuz could reopen more fully and ease disruptions to global energy supplies. Brent crude futures fell $1.36, or 1.55%, to $86.48 a barrel by 0800 GMT, putting the […] The post Oil Falls as Hormuz Talks Lift Supply Hopes; Dollar Gains, Treasury Yields Ease Ahead of Warsh appeared fir…

US Dollar Weekly Forecast: Warsh, sticky inflation revive ...