The dollar index (DXY00 ) today is up +0.02%. The dollar found some support today after the May MNI Chicago PMI rose more than expected at its strongest pace in 4.25 years. On the negative side for the...
Aussie is again on the rise after stabilizing at the previous swing support around 0.7100, so it now appears that the drop from the first half of the week was only a wave B flat correction. That means...
NZDJPY has broken out of its previously completed wave four triangle, confirming the end of the consolidation phase discussed in the May 12 update. The pair is now transitioning into a potential wave five...
The dollar index (DXY00 ) on Thursday fell from a 7-week high and finished down -0.18%. The dollar gave up early gains and turned lower today on weaker-than-expected US economic news that is dovish for...
The dollar index (DXY00 ) today fell from a 7-week high and is down -0.13%. The dollar gave up an early advance and turned lower today on weaker-than-expected US economic news that is dovish for Fed policy....
The dollar index (DXY00 ) on Wednesday rose by +0.03%. The dollar recovered from early losses on Wednesday and posted modest gains on conflicting signals about prospects for a US-Iran deal to end the...
The dollar index (DXY00 ) today is down by -0.11%. The dollar is under pressure today amid a -4% plunge in crude oil prices to a 5-week low, which lowers inflation expectations and may prompt the Fed...
The fact that gold declined so much on "nothing" is truly profound.
The dollar index (DXY00 ) on Tuesday fell by -0.07%. The dollar moved lower on Tuesday amid signs that peace negotiations between the US and Iran are progressing, which curbed safe-haven demand for the...
How a single forex broker built a global business by staying steady, even when markets weren't.
