Senior Market Strategist John Rowland, CMT, explains the implications of a dollar collapse below key support at 98 on metals, stocks, and the rest of your portfolio.
The dollar index (DXY00 ) rallied to a 4-week high on Thursday and finished up by +0.24%. The dollar moved higher Thursday due to some better-than-expected US economic news. US job cuts last month fell...
The dollar index (DXY00 ) today is up by +0.17% and posted a 4-week high. The dollar is moving higher today on some better-than-expected US economic news. US job cuts last month fell to a 17-month low,...
The dollar index (DXY00 ) on Wednesday rose by +0.11%. The dollar recovered from early losses on Wednesday and moved higher after Dec ISM services index unexpectedly expanded at its fastest pace in 14...
The dollar index (DXY00 ) today is up by +0.09%. The dollar recovered from early losses today and is slightly higher after Dec ISM services index unexpectedly expanded at its fastest pace in 14 months....
March Swiss franc futures present a selling opportunity on more price weakness.
The dollar index (DXY00 ) on Tuesday rose by +0.30% but remained below Monday's 3.5-week high. The dollar rallied on Tuesday as higher T-note yields strengthened the dollar's interest rate differentials....
The dollar index (DXY00 ) today is up by +0.27%. The dollar is stronger today as higher T-note yields strengthened the dollar's interest rate differentials. Also, comments today from Richmond Fed President...
EURUSD appears to be entering a final wave E decline within its long-term triangle.
The dollar index (DXY00 ) fell from a 3-week high on Monday and finished down by -0.16%. The dollar retreated on Monday after the US Dec ISM manufacturing index unexpectedly contracted by the most in...