The dollar index (DXY00 ) on Wednesday rose by +0.22%. The dollar recovered from early losses on Wednesday and moved higher after Iran said it rejected the latest US peace proposal. Also, Wednesday's...
The dollar index (DXY00 ) today is up by +0.02%. The dollar recovered from early losses today and moved slightly higher after Iran said it rejected the US peace proposal. Also, today's US economic news,...
Looking at the daily chart, it also seems that the pair may have completed a higher degree wedge pattern, and we are now in a bearish phase that could resume to the downside after this current rebound....
The dollar index (DXY00 ) on Tuesday rose by +0.42%. The dollar moved higher on Tuesday as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, Tuesday's +4% jump in crude...
The dollar index (DXY00 ) today is up by +0.38%. The dollar is moving higher today as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, today's +3% jump in crude oil...
Technicals sometimes lead the real-world events - and that's what happened recently. Understanding WHY the rally is coming is still important, though.
The dollar index (DXY00 ) fell to a 1.5-week low on Monday and finished down by -0.65%. The dollar gave up overnight gains and turned lower as stocks rallied sharply after President Trump postponed attacks...
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....