The dollar index (DXY00 ) fell to a 1.5-week low today and is down by -0.69%. The dollar gave up overnight gains and turned lower as stocks rallied sharply after President Trump postponed attacks against...
June Swiss franc futures present a selling opportunity on more price weakness.
Takeaway for Canadian dollar traders: don't rely on a single narrative. Oil, interest rates, and risk sentiment are all pulling USD/CAD in different directions. That's where opportunity—and risk—live....
EURUSD has rotated back into balance after failing to sustain its January breakout, as stronger United States data and a repricing toward a higher for longer stance from the Federal Reserve have supported...
Metals are moving sharply to the downside, while stocks are also coming under pressure, so it looks like there is more capitulation happening, especially in metals. Still, when we see such moves early...
The dollar index (DXY00 ) on Friday rose by +0.42%. The dollar moved higher on Friday as weakness in stocks boosted some liquidity demand for the dollar. Also, the ongoing war in Iran has boosted demand...
This usually happened after Fed's rate decisions, and it's critical for the current situation in gold, silver, and mining stocks.
The dollar index (DXY00 ) today is up by +0.50%. The dollar is climbing today as weakness in stocks has boosted some liquidity demand for the dollar. Also, the ongoing war in Iran has boosted demand...
What is important now is that we only have three waves down from the recent highs on the dollar index. In Elliott Wave terms, when you see a strong five wave recovery followed by only a three wave pullback,...
The dollar index (DXY00 ) on Thursday fell by -0.75%. The dollar was under pressure Thursday after the British pound, the euro, and the Japanese yen all rallied following hawkish comments from the BOE,...