COT on #forex in the week to 3 December, when the DXY weakened by 0.6%, saw mixed flows, leading to a 2% reduction in the #USD long versus eight IMM futures to USD 22.5 bn. The biggest movers were a build in the EUR short to a March 2020 high at -57.5k contracts (USD 7.6 bn),… https://t.co/5Pfm5FLL8V
Weekend markets update: #DAX 20377 +0.00% #DOW 44609 +0.01% #NASDAQ 21590 +0.00% #FTSE 8303 +0.02% #HANGSENG 19749 +0.01% #GBPUSD 12752 +0.08% #EURUSD 10574 +0.06% #USDJPY 14992 -0.06% #GOLD 2635 +0.07% #IGWeekendMarkets
The US #dollar index gained 0.18 percent for the week amid volatility, following 1.59 percent decline in previous week. The DXY was supported by the non-farm employment and factory orders numbers, but the gains were limited due to fear of high inflation and rising unemployment…



The US dollar index gained 0.18% for the week ending December 8, 2024, recovering from a 1.59% decline the previous week. The dollar's strength was supported by positive non-farm employment and factory orders data, although concerns about high inflation and rising unemployment limited further gains. In global markets, the DAX index closed at 20,377, the Dow Jones at 44,609, and the NASDAQ at 21,590, reflecting slight fluctuations. The FTSE rose to 8,303, while the Hang Seng index reached 19,749. Other currency pairs showed minor changes, with GBP/USD at 1.2752 and EUR/USD at 1.0574. The gold price increased to $2,635 per ounce, showing a 0.07% rise.