Share: DXY extends further the corrective pullback and retests 103.00. The resumption of the uptrend could revisit the 200-day SMA. DXY appears to have met a...
Share: US President Joe Biden said early Monday that his discussion with House Speaker Kevin McCarthy “went well.” “We’ll talk again Monday,” Biden added. Market response...
Share: Here is what you need to know for next week: The US Dollar Index (DXY) rose for the second consecutive week despite improving market sentiment....
Share: WTI bulls move in for the kill from support. The $72s are on the bulls radar. WTI is trying to correct but remains down on...
Share: DXY’s strong upside meets resistance near 103.60 on Friday. The key 200-day SMA emerges as the next hurdle near 105.80. The solid weekly performance of...
Share: Federal Reserve Chairman Jerome Powell said on Friday that inflation is far above the objective and that high inflation poses significant hardships. Powell emphasized the...
Share: Treasury Secretary Janet Yellen told bank CEOs that more bank mergers may be necessary, CNN reported. The comments triggered risk aversion and weighed on the...
Share: Here is what you need to know on Friday, May 19: Risk remains tepid at the start of the European session, as the Asian equities...
Share: US Dollar Index bulls take a breather at multi-day top after three-day uptrend. Hawkish Fed bets, hopes of no US default underpin US Treasury bond...
Share: The economic calendar is light on Friday. During the Asian session, New Zealand will report on exports and imports, as well as Credit Card Spending....
Share: USD/JPY is in the red for the first time this week, back below the 133.00 level. The US Dollar benefits from risk aversion but US...
Share: The US Census Bureau will release the January Retail Sales report on Wednesday, February 15 at 13:30 GMT and as we get closer to the...
Share: EUR/USD is marching towards 1.0770 as USD Index is showing signs of more weakness ahead. S&P500 futures have witnessed a minor correction, depicting caution in...
Share: The US Bureau of Labor Statistics will release the Consumer Price Index (CPI) figures for January on Tuesday, February 14 at 13:30 GMT and as...
Share: US Dollar Index stays defensive after two-week uptrend. Fed’s Barkin sounds dovish despite pushing back rate cut talks. US-China tension weighs on sentiment and favors...
Share: The index maintains the choppiness unchanged this week. Further side-lined trading is likely in the short term. DXY reverses Thursday’s decline to weekly lows and...
Share: US Dollar Index keeps the bounce off weekly low, sidelined of late. Difference between 10-year and two-year US Treasury bond yields turned the widest since...
Share: EUR/USD is juggling above 1.0730, likely to remain volatile ahead of US Inflation. Fed Barkin argued that the majority of inflation slowdown is backed by...
Share: Gold price has touched $1,880.00 amid a recovery in the risk-on market mood. Softer US yields are weighing on the USD Index despite hawkish Fed...
Share: USD/CAD bulls are moving in spite of the prior day’s bearish close. The US Dollar has firmed on hawkish sentiment brewing around the Fed again...