The dollar index (DXY00 ) on Monday rose by +0.33%. The dollar Monday recovered from early losses and posted moderate gains. A slump in stocks Monday fueled liquidity demand for the dollar. Also, higher...
The dollar index is a benchmark that measures the U.S. currency against other world reserve currencies. The index is a barometer because the dollar is the leading fiat currency in the global financial...
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.86%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.89%....
Stocks were higher this week with SP500 futures trading close to 4100 area; still, a strong potential technical resistance where we are aware of a new turndown, especially if USD will recover. One of the...
The dollar index (DXY00 ) on Friday rose by +0.07%. The dollar Friday posted modest gains, supported by higher T-note yields. Also, Friday’s U.S. reports showed the University of Michigan Jan consumer...
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. U.S. stock...
From an Elliott wave perspective, we see EURUSD wedge that can be the opposite signal so we are aware of a turn south, but ideal timing for a break can be next week with some CB policy announcements.
The dollar index (DXY00 ) on Thursday rose by +0.19%. The dollar Thursday recovered from a 7-3/4 month low and posted moderate gains. Better-than-expected U.S. economic news Thursday showed economic...
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.48%. U.S. stock...
The dollar index (DXY00 ) on Wednesday fell by -0.27%. The dollar Wednesday gave up an early advance and moved mildly lower on speculation the Fed will soon pause its rate hike campaign after the Bank...
