Trading Outlook

US Dollar bulls use the USDX (DXY)

Will May Be Grey?

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USD Expectations for May As we plunge into May, the (DXY) US Dollar Index continued to surge to its highest level since May 2020. We are now at the highest level against all other major…

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US Dollar bulls use the USDX (DXY)

US Dollar Bulls Rally

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The US Dollar bulls rally as prospects of a possible interest rate hike continue. As the conflict in Ukraine worsens and Russia continues its invasion, risk-off sentiment flows to the haven of the USD. Although…

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Will the Markets Implode?

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Your guess is as good as ours, but the feeling right now about the markets is certainly not a comfortable one. Markets Brakes Slammed Just as it looked like the markets were getting back on…

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dollar bulls

USD Dollar Bulls Pump the Brakes

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Let’s look at what has transpired since last week and what’s pumped the brakes on the USD dollar bulls. Since the Fed announcement a week ago, the US Dollar index (DXY) is down over 1%…

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Forex Trading in 2022

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What do we look forward in Forex trading in 2022? Forex is globally the most traded market. Bank of England shared a semi-annual FX turnover survey report, according to which in April 2021, the daily average…

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Greenback, rising by inflation

USD Surges After the Inflation Report

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Inflation Report After the release of the US Inflation Report last week, the Greenback saw a meteoric rise to close Thursday’s trading. Prices hit within a smidge of the high reached in July 2020. The…

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