Forex Market Overview
Wed, Apr 24th, 2024
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What's Left in the US Dollar Seasonal Rally?
Barchart - Wed Apr 24, 2:47PM CDT
Despite no signs of deceleration in US growth and geopolitical risk, the US Dollar has rallied 6% off its year-to-date seasonal low. While the European Central Bank (ECB) is considering rate cuts in June,...
Dollar Gains with Higher T-Note Yields and Yen Weakness
Barchart - Wed Apr 24, 2:46PM CDT
The dollar index (DXY00 ) on Wednesday rose +0.16%. The dollar on Wednesday recovered from a 1-1/2 week low and moved moderately higher. Strength in T-note yields Wednesday boosted the dollar. Also,...
Dollar Climbs with T-Note Yields
Barchart - Wed Apr 24, 9:48AM CDT
The dollar index (DXY00 ) today recovered from an early 1-1/2 week low and is up +0.12%. The dollar is seeing support from higher T-note yields but is being undercut by reduced liquidity demand due to...
AUDNZD Pair Is Approaching Resistance, While Finishing A Correction
Wavetraders - Wed Apr 24, 1:48AM CDT
AUDNZD Pair Is Approaching Resistance, While Finishing A Correction from technical perspective and by Elliott wave theory.
Dollar Retreats as Bond Yields Fall and Stocks Rally
Barchart - Tue Apr 23, 2:49PM CDT
The dollar index (DXY00 ) Tuesday fell to a 1-week low and finished down by -0.37%. The dollar was under pressure from strength in the euro after Tuesday’s news showed the Eurozone Apr S&P composite...
Gold Price Slides Even Without Dollar’s Help!
Sunshine Profits - Tue Apr 23, 10:00AM CDT
Gold slides once again today, proving that yesterday’s $67 slide was not accidental.
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