DXYN News and Press, The Dixie Group Inc. From 10/28/23

2023-10-28 09:10:00 ET Summary November is expected to be a month of limited monetary policy actions and heightened geopolitical tensions. Fiscal policy will be more interesting, with a Japanese supplemental budget and more measures expected from China. The US federal governme...

2023-10-27 06:30:00 ET Summary The US dollar is trading with a softer bias, with only the euro and Swiss franc lagging behind. The market sees the Reserve Bank of Australia as the most likely to hike rates again, while the European Central Bank and Bank of Canada are expected to c...

2023-10-26 07:00:00 ET Summary Anxiety in the market due to geopolitics and market stresses, with bank shares under pressure. Equities are lower globally, except for Chinese markets suspected to be influenced by China's sovereign wealth fund. The dollar is trading with a firme...

2023-10-25 06:45:00 ET Summary The US dollar is stronger due to divergence in flash PMI readings and concerns over possible BOJ intervention. Hungary's larger than expected rate cut keeps the forint under pressure, while most emerging market currencies are softer. China's stim...

2023-10-21 08:30:00 ET Summary The US dollar had a mixed performance last week despite geopolitical tensions and strong US economic data. The Dollar Index fell by almost 0.5%, its biggest weekly loss in three months. Gold rallied 2.5% and oil prices surged, while the Dollar In...

2023-10-20 06:30:00 ET Summary Fed Chair Powell's dovish comments suggest a high bar to another rate hike, capping the 10-year yield and allowing foreign currencies to recover against the dollar. Gold and WTI crude oil prices continue to rise for the fourth consecutive session. ...

2023-10-19 07:00:00 ET Summary The US dollar strengthened as North American participants entered the market, despite the deteriorating conditions in the Middle East. The strength of the Swiss franc and the Japanese yen reflected the safe haven bid seen in gold and oil. The Aus...

2023-10-18 07:15:00 ET Summary US economic data surprises to the upside, but dollar's initial gains are pared and Dollar Index finishes slightly lower. Heightened tensions in the Middle East lead to a rally in oil prices and a jump in gold prices. Safe haven buying in foreign ...

2023-10-14 09:45:00 ET Summary The markets were impacted by two shocks last week: the war in Israel and the continued deluge of US Treasury supply. The focus on the US economy shifts from prices to the real sector, with data expected to show a loss of economic momentum in Q3. ...

2023-10-12 07:00:00 ET Summary The dollar is mixed against G10 currencies ahead of the CPI report, while the Russian ruble strengthens due to new capital controls. Gold continues to recover, reaching its highest level in over two weeks. Mainland stocks in China rally after the...