Forex Market Overview
Thu, Sep 29th, 2022
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Dollar Consolidates Below Wednesday’s 20-Year High
Barchart - Thu Sep 29, 2:55PM CDT
The dollar index (DXY00 ) on Thursday fell by -0.30%. The dollar index Thursday consolidated mildly below Wednesday’s 20-year high. Strength in the euro Thursday sparked long liquidation pressure in...
Stocks Fall on Hawkish Fed Rhetoric and Higher Bond Yields
Barchart - Thu Sep 29, 9:52AM CDT
What you need to know… The S&P 500 Index ($SPX ) (SPY ) this morning is down -2.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -1.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.98%....
USDCAD Is Looking Higher Within A Five-Wave Impulse
Wavetraders - Thu Sep 29, 4:08AM CDT
USDCAD Is Looking Higher as we see an unfinished five-wave bullish cycle.
GBPUSD Retests Weekly Chart Downchannel Support After Record Low
Tradable Patterns - Wed Sep 28, 11:59PM CDT
The GBPUSD is beginning to see some profittaking after the strong bounce off the fresh record low Monday. Regardless of the GBPUSD clawing back above downchannel support (on the weekly chart) after plunging...
Dollar Retreats from 20-Year High as Stocks Rally
Barchart - Wed Sep 28, 3:01PM CDT
The dollar index (DXY00 ) on Wednesday fell by -1.29%. The dollar Wednesday fell back from a 20-year high and posted sharp losses. A plunge in T-note yields Wednesday undercut the dollar after the 10-year...
Stocks Push Higher as Global Bond Yields Fall on BOE Bond-Buying
Barchart - Wed Sep 28, 9:55AM CDT
What you need to know… The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.04%....
