The dollar index (DXY00 ) is up +0.42% on safe-haven demand after Iran said it halted ceasefire talks with the US, which could prompt a new large-scale US military attack on Iran. That report prompted...
September Canada dollar futures present a selling opportunity on more price weakness.
And we've seen what this means before.
The dollar index (DXY00 ) on Friday fell to a 2-week low and finished down by -0.14%. The improving prospects for a US-Iran peace deal sparked a rally in stocks, reducing liquidity demand for the dollar....
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...
