Forex dynamics and policy intervention could prompt an unwinding of the yen carry trade just as US market volume thins out.
The dollar index (DXY00 ) on Tuesday rose by +0.07%. The dollar moved higher amid month- and quarter-end demand, with Tuesday being the last trading day of Q2. Also, Tuesday’s decline in the yen to...
The dollar index (DXY00 ) today is up by +0.21%. The dollar is moving higher on month- and quarter-end demand, with today being the last trading day of Q2. Also, today's decline in the yen to a 39-year...
The dollar index (DXY00 ) on Monday fell by -0.26%. The dollar retreated as Monday's stock rally curbed liquidity demand for the dollar. However, losses in the dollar were limited as Monday's +2% jump...
Are you ready for even bigger declines?
The dollar index (DXY00 ) today is down by -0.13%. Today's stock rally has curbed liquidity demand for the dollar. However, losses in the dollar are limited as today's +1% gain in WTI crude oil prices...
Following the completion of the triangle, the market formed a bearish impulsive setup with visible subwaves 1 and 2. As such, EUR/GBP now appears to be entering wave 3 of a larger five-wave bearish impulse....
The dollar index (DXY00 ) on Friday fell by -0.07%. The dollar moved lower on Friday amid weakness in crude oil prices. WTI crude oil fell more than 3% on Friday to a 4-month low, easing inflation expectations...
The dollar index (DXY00 ) today is down by -0.32%. The dollar is sliding today amid weakness in crude oil prices. WTI crude oil is down more than 3% today, easing inflation expectations and potentially...
The dollar index (DXY00 ) on Thursday fell by -0.17%. The dollar was under pressure as Thursday’s stock rally reduced liquidity demand for the dollar. Also, Thursday’s benign inflation news may keep...