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 USD
US Dollar Reversal, And The Week Ahead!
This last week we saw some significant reversal activity in the Forex market. For weeks, the USD had pounded (no pun intended) on most majors with no end in sight. The question on everyone’s mind: Can…
Yen Weakens, Dollar Outlook and A Week Of Powerhouse Market Events
Yen Weakens The yen weakened against the USD and Euro overnight as the demand for the safe-haven yen lowered in view of the recent rebound in global stocks and the decline in U.S. Treasuries. Technical…
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…
Update on the BOE’s “Super Thursday” and Outlook for the Sterling and Greenback
Today’s Bank of England events – when the BoE released its rate decision, meeting minutes, and Quarterly Inflation Report, earned today the title of a “Super Thursday”. In reality, it wasn’t such a “super” day…
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…
CURRENCY PROFILE: Help for Trading the United States Dollar (USD)
You may have been trading the Forex currency market for years, but do you really understand the general economic characteristics of the currency you are trading? This series takes a snapshot of each of…
Look to the Yuan or the Greenback?
Chinese Yuan And What We Can Learn From The Swissy In the Forex market the common mantra has always been “a healthy currency is a healthy economy”. I believe this is about as accurate an assessment…
USD – Last Week’s Avalanche and What’s Next
Is there anything on the horizon to stop the USD onslaught? I for one just can’t see it short of an unforeseen disaster. For a brief moment earlier last week the majors actually looked like…
US Dollar Sentiment
Several weeks ago, after the latest NFP report we wrote that the US Dollar’s run if anything should gain momentum. In the weeks following it certainly did just that. This past Monday was truly pandemonium…
