Fundamental Analysis Category

USD Index Pauses, Trades Lower Around 104.70 The US Dollar Index (DXY) is hovering just below its peak since April, trading at approximately 104.80. This level of performance is notable, and it hints at the potential for the USD to gather strength, primarily due to some critical factors in the economic landscape. One of the

Yuan Hits Weakest Level Since December 2007 Amid Outflow Pressure The Chinese yuan has found itself in a challenging position, hitting its lowest level since December 2007. The primary factors contributing to this depreciation are capital outflow pressures and the yield gap compared to major economies like the United States. As a result, the yuan

Federal Reserve Study Raises Concerns About US Economy Amidst China’s Slowdown A recent study conducted by the Federal Reserve has sparked concerns about the strength of the US economy. While some economists have been downplaying the potential consequences, this study paints a different and potentially worrisome picture. It suggests that if China’s economic growth falls

Dollar Softens as Traders Doubt Further Fed Rate Rises The dollar is not as strong as before because traders are not sure if the Federal Reserve will keep raising interest rates. Some data about jobs in the U.S. shows that things might be slowing down, which makes people think that the Fed might stop raising

USD Index Holds Steady at 103.60 Ahead of Crucial US Data The USD Index (DXY), a gauge of the US dollar’s strength against a basket of major currencies, maintained a relatively stable position around the 103.60 mark as the week drew to a close. This steadiness in the index follows a robust rebound on Thursday,