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FX News and Commentary

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Fri, Dec 13th, 2024
Dollar Advances on Higher Bond Yields and Euro Weakness

The dollar index (DXY00 ) Thursday rose by +0.24% and posted a 2-week high. The dollar found support Thursday after US Nov PPI rose more than expected, which pushed T-note yields higher and is hawkish...

DXY00 : 106.926 (-0.03%)
GCG25 : 2,680.1 (-1.08%)
SIH25 : 30.975 (-2.04%)
^USDJPY : 153.507 (+0.57%)
^EURUSD : 1.04946 (+0.27%)
Dollar Climbs with Bond Yields and Euro Weakness

The dollar index (DXY00 ) today is up +0.03%. The dollar today climbed to a 2-week high and is slightly higher after US Nov PPI rose more than expected, which pushed T-note yields higher and was hawkish...

DXY00 : 106.926 (-0.03%)
GCG25 : 2,680.1 (-1.08%)
SIH25 : 30.975 (-2.04%)
^USDJPY : 153.507 (+0.57%)
^EURUSD : 1.04946 (+0.27%)
Dollar Moves Higher as China May Allow a Weaker Yuan

The dollar index (DXY00 ) today is up by +0.22% and posted a 2-week high. The dollar is seeing support today on weakness in the Chinese yuan after Reuters reported that Chinese policymakers are considering...

DXY00 : 106.926 (-0.03%)
GCG25 : 2,680.1 (-1.08%)
SIH25 : 30.975 (-2.04%)
^USDJPY : 153.507 (+0.57%)
^EURUSD : 1.04946 (+0.27%)
Dollar Gains Ahead of Wednesday’s US CPI Report

The dollar index (DXY00 ) Tuesday rose by +0.23%. Higher T-note yields on Tuesday supported moderate gains in the dollar. Also, a downward revision to US Q3 unit labor costs supported the dollar. In...

DXY00 : 106.926 (-0.03%)
GCG25 : 2,680.1 (-1.08%)
^USDCAD : 1.42186 (-0.01%)
SIH25 : 30.975 (-2.04%)
^USDJPY : 153.507 (+0.57%)
^EURUSD : 1.04946 (+0.27%)
Dollar Pushes Higher with T-Note Yields and Canadian Dollar Weakness

The dollar index (DXY00 ) today is up by +0.40%. Higher T-note yields today are supporting moderate gains in the dollar. Also, a downward revision to US Q3 unit labor costs supported the dollar. In addition,...

DXY00 : 106.926 (-0.03%)
GCG25 : 2,680.1 (-1.08%)
^USDCAD : 1.42186 (-0.01%)
SIH25 : 30.975 (-2.04%)
^USDJPY : 153.507 (+0.57%)
^EURUSD : 1.04946 (+0.27%)
Elliott Wave: Dollar Index At Support Ahead Of US CPI Week

With the current bounce from 105.50 2023 trendline support on DXY, it seems that dollar bulls are not done yet, and that there can be another rest of 108 area before we get a big reversal later this month,...

Dollar Recovers as Bond Yields Rise and Stocks Fall

The dollar index (DXY00 ) Monday rose by +0.09%. The dollar on Monday recovered from early losses and posted modest gains. Higher T-note yields today were supportive of the dollar. Also, the weakness...

DXY00 : 106.926 (-0.03%)
GCG25 : 2,680.1 (-1.08%)
SIH25 : 30.975 (-2.04%)
^USDJPY : 153.507 (+0.57%)
^EURUSD : 1.04946 (+0.27%)
Dollar Slips on Yuan Strength as China Signals More Stimulus

The dollar index (DXY00 ) today is down by -0.14%. The dollar is under pressure today from strength in the yuan after Chinese leaders signaled it will expand fiscal spending and ramp up “extraordinary...

DXY00 : 106.926 (-0.03%)
GCG25 : 2,680.1 (-1.08%)
SIH25 : 30.975 (-2.04%)
^USDJPY : 153.507 (+0.57%)
^EURUSD : 1.04946 (+0.27%)
CME Group FX Year in Review: Strong Growth And Record Volumes

Learn why institutional and individual traders turned to FX futures, options and EBS FX markets at CME Group in record numbers to achieve their goals.

Dollar Climbs on Positive US Economic News and Hawkish Fed Comments

The dollar index (DXY00 ) Friday rose by +0.30%. The dollar recovered from a 3-1/2 week low Friday and moved moderately higher. Short covering emerged in the dollar Friday after the University of Michigan...

DXY00 : 106.926 (-0.03%)
GCG25 : 2,680.1 (-1.08%)
SIH25 : 30.975 (-2.04%)
^USDJPY : 153.507 (+0.57%)
^EURUSD : 1.04946 (+0.27%)

Tweets @Barchart

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From Interactive Brokers $IBKR Founder Thomas Peterffy regarding the current stock market conditions 🚨 Probably Fine? https://t.co/MUEjDlaO2P
Barchart
@Barchart
Note: This is an updated 3rd quarter report from FDIC that just came out today so don't respond this is "old data"
Barchart
@Barchart
JUST IN 🚨: U.S. Banks are now ONLY facing $329 Billion in unrealized losses, an improvement from the 2nd quarter. https://t.co/TqFPZy0sZm https://t.co/lVa3dyGOeE
Barchart
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FUN FACT 🚨: S&P 500 has seen more stocks decline than advance for 9 consecutive trading days, the longest such streak in AT LEAST 20 years https://t.co/jqaGHFCGcq
Barchart
@Barchart
S&P 500 Equal Weight Index traded red for 7 consecutive days through Tuesday of this week, the longest losing streak since 2018 🚨 Not Great https://t.co/zSWR8d7wqO
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Corporate Bond Credit Spreads have fallen to their lowest levels in 2 decades 🚨 https://t.co/p0tbpp1qvM
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Here comes the British Pound! Trading near its highest level against the Euro since Brexit 🚨 https://t.co/pwXKoK6sxk
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S&P 500 $SPX could plunge as much as 15% next year warns Stifel 🚨 https://t.co/xhLdrEaIN9
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BlackRock suggests investors allocate 2% of their portfolio to Bitcoin $BTC and compares it to an investment in the Magnificent 7 🚨 https://t.co/Leow5yBEGj
Barchart
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Head & Shoulders Formation for Nvidia 🚨 If it breaks the $132 level, it potentially could be goodnight $NVDA 🫡 https://t.co/GJUPp08evR

Chart of the Day

The Realreal Inc (REAL)

Summary The RealReal (REAL) has shown exceptional price appreciation, gaining 142% since a Trend Seeker buy signal on 11/5, with strong technical indicators. The company operates an online marketplace for luxury goods, with significant growth in revenue and earnings expected over the next two years. Despite strong technical signals, analysts...
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