Tag archive for ‘US Dollar’
By gossewestra On Monday, May 14th, 2018
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Asia AM Digest: AUD Awaits RBA Mintues, USD Had Last Minute Rise

The Australian Dollar looks to incoming RBA meeting minutes and China industrial production. Meanwhile, the US Dollar put in an advance towards the end of Monday’s session.  More...

By gossewestra On Monday, May 14th, 2018
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US Dollar Index (DXY) Forecast: Consumer Data Week Opens Weak for USD

After the enthusiasm for the short-squeeze to continue evaporated last week on weak(er) inflation data, traders now brace for retails sales data and potential repositioning to add volatility to the US Dollar.  More...

By gossewestra On Monday, May 14th, 2018
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Asian Stocks Gain, USD Stays Down, US/China Trade In Focus

Asian stocks started the week mostly stronger thanks to a firm US lead and a despite a weaker US Dollar which usually sends regional exporters lower  More...

By gossewestra On Monday, May 14th, 2018
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US Dollar Retreat May Stall Before Fed Freshmen Face Hearings

The US Dollar may find support after a pullback from four-month highs ahead of Senate confirmation hearings for two aspiring Federal Reserve officials.  More...

By gossewestra On Friday, May 11th, 2018
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US Dollar May Resume Rally on Fed Hearings, External News Flow

The US Dollar may return to the offensive as incoming Fed officials voice support for rate hikes and external news flow cools bets on hawkish policy outside the US.  More...

By gossewestra On Friday, May 11th, 2018
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US Dollar Drops After Bearish Evening Star: Are USD Bulls Done?

The Dow and S&P 500 broke out of congestion patterns this week, and this happened as the US Dollar finally softened after running into resistance. This presents a series of setups in GBP/USD, EUR/USD and NZD/USD. More...

By gossewestra On Thursday, May 10th, 2018
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US Dollar Drops on Inflation; Carney Brings a Support Test to GBP/USD

It’s been a busy morning across global markets, and the US Dollar has continued to pullback after running into resistance yesterday. GBP/USD is grinding at support after this morning’s Super Thursday More...

By gossewestra On Tuesday, May 8th, 2018
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US Dollar, Market Sentiment at the Mercy of Fed Chair Powell

The fate of the US Dollar and that of overall broader market sentiment across financial markets hinges on a much-anticipated speech from Fed Chair Jerome Powell.  More...

By gossewestra On Monday, May 7th, 2018
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US Dollar May Resume Offensive on Assertive Fed Commentary

The US Dollar may return to the offensive as comments from Federal Reserve officials continue to build the case for significant interest rate hikes beyond 2018.  More...