Rally still looks prone to some technical retrenchment – Scotiabank

[ad_1] Share: USD firms modestly. Economists at Scotiabank analyze Greenback’s outlook. Soft data risks for the US may be rising The USD is trading firmer overall but the ‘market-weighted’ DXY is trading off its earlier highs ahead of the North American session and effectively continues to consolidate within the October trading range. Soft

Has the US dollar Rally Hit Limits? DXY Index Fractals, Price Action

[ad_1] USD, US DOLLAR, DXY INDEX – Outlook: Market diversity appears to be running low in the DXY Index, suggesting overcrowding. Having said that, US exceptionalism is still intact. What is the outlook on the greenback and the signposts to watch? If you’re puzzled by trading losses, why not take a step in the right

Australian Dollar Bumps Up but US Dollar Moves Might be Key. Will AUD/USD Rally?

[ad_1] Australian Dollar, AUD/USD, US Dollar, Treasury Yields, ACGB, DXY Index – Talking Points The Australian Dollar steadies as risks swirl for markets The US Dollar has been underpinned by firm Treasury yields Markets appear poised for a busy week. Will AUD/USD recover from the lows? Recommended by Daniel McCarthy Get Your Free AUD Forecast

US Dollar Post-CPI Rally May Reverse, EUR/USD Creeping Higher

[ad_1] EUR/USD Forecasts – Prices, Charts, and Analysis US dollar may slip lower into the weekend. US earnings start in earnest today with a handful of banks on tap. Recommended by Nick Cawley Get Your Free USD Forecast The US dollar rallied by over one big figure yesterday after the latest US inflation data release.

USD, gold and crude oil rally on risk aversion

[ad_1] The war in Israel and the conflict in the Middle East, is causing a lot of uncertainty and unpredictability in the trading market. One major concern was about the supply and production of oil, which made the price of crude oil go up by 3.9% in just one day. This was because the OPEC

US Dollar – Is The Rally Coming To An End?

[ad_1] US Dollar – Is The Rally Coming To An End? The US dollar has rallied since early Q3 back to levels last seen on either side of December last year as the Federal Reserve tightened monetary policy by hiking interest rates ever higher. The Federal Reserve left rates unchanged at its September meeting but

US dollar’s rally supercharged by soaring real yields on Treasuries By Reuters

[ad_1] © Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging U.S. real yields are aiding the dollar’s rebound, rewarding bullish investors while making bears think twice before betting against

A Reprieve in the DXY Rally and FX Intervention by the BoJ

[ad_1] Short USD/JPY: A Reprieve in the DXY Rally and FX Intervention by the BoJ The USD/JPY has held the high ground for the majority of Q3 with rallies to the downside proving short lived at this stage. The potential for a downside move however remains in play and with the right fundamental developments could

Euro 2-Day Rally Sees Retail Bets Become Slightly More Bearish, Will EUR/USD Rise?

[ad_1] Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro experienced best 2 days since the middle of September Recently, retail traders have started to build downside bets While that may be a bullish signal, downtrend remains intact Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro climbed for a second