The Ups and Downs of the Greenback Pendulum The Greenback pendulum swings again. Against all the other majors and commodity pairs, the US Dollar index surged at a meteoric pace, and in August 2022, it…
Tagged By greenback
US Dollar Bulls Trading Strong
US Dollar Bulls Still Strong The Greenback traded higher on Monday as the US Dollar Index came close to retesting the 14 year high of 103.56 on December 15th. This is as expected after the…
Greenback Drops Ahead Of FOMC
Why Did The Greenback Drop Today? The Greenback dropped across the board against the USD majors as the market spooks ahead of the much-anticipated Fed meeting upcoming on Wednesday. Although since September, and especially since…
Greenback And The Trump Affect
Greenback And Commodity Pairs Rally The US jobs report last Friday was typical of what we have come to expect from the monthly NFP announcement. Expectations for an increase in the labor rate were much…
Dollar Bulls May Be In For A Shock | Fed Week
Fed Week – Don’t Be Caught Off Guard The US policy statement out later this week is once again high on the priority list for discussion by Forex traders. Almost every Fed watcher and savvy…
Focus On The Greenback
Ms. Yellen Reveals Her Powers – Greenback Rises The Greenback found the impetus to stand up straight on Friday after Fed chairman Janet Yellen’s frank and positive statements about the US economy at Jackson Hole. Traders…
Forex Roller Coaster Ride
Greenback Roller Coaster The past weekend and on into Monday, we saw the USD strengthen as Fed Vice Chairman Stanley Fischer’s positive remarks about the US economy and inflation targets prompted speculation of a rate…
Trading the Sterling, Yen, & Greenback
The Brexit vote has changed the finance world drastically. What’s ahead for the sterling, yen and greenback? The Sterling – Still A Sinking Ship? In response to the Brexit vote, many companies and investors are…
Is The USD Back From Vacation?
After almost 18 months of a surging Greenback, it seemed as if the USD took a vacation from its climb the past few weeks and we wondered if perhaps the US Dollar reign had ended.…
New Highs For The USD – Will It Hold?
This past week we witnessed the setting up of milestones as stocks ended January with their worst performance since 2009. The FOMC announcement minutes were exactly as expected and a rate hike is not on…
