The dollar index (DXY00 ) fell to a 7-week low today and is down by -0.10%. Easing geopolitical tensions in the Middle East are boosting stocks and reducing safe-haven demand for the dollar. Also, today's...
Behind the joint yen rescue operation, from FIMA to euros, and what it means for the Treasury market, the carry trade, and more.
December Australian dollar futures present a buying opportunity on more price strength.
It was another Monday morning of more of the same, with a little spice added in, just to change things up a bit.
USDJPY has reversed aggressively from the 164 area, breaking key technical supports and signaling that a larger trend change may be underway. While a short-term recovery is possible, the broader structure...
The dollar index (DXY00 ) rose by +0.04% on Friday. The dollar recovered from a 6-week low on Friday and posted modest gains as higher T-note yields strengthened the dollar’s interest rate differentials....
Let’s break down this week’s events in the stock, bond, and currency markets, and I’ll include my bias on price direction for each in the coming weeks.
December Euro currency futures present a buying opportunity on more price strength.
The dollar index (DXY00 ) is up by +0.46% today. The dollar is moving higher today, rebounding from Thursday's 6-week low. Higher T-note yields today have strengthened the dollar's interest rate differentials....
AUDUSD is recovering after the recent decline toward 0.6920, but the current bounce may only represent a temporary corrective move. Watch the 0.7120 resistance area, where sellers could step back in and...