Tag: US Dollar Price

April 19, 2023

I’ve said it before and I’ll say it again – the US dollar is the most important price in the world. The dollar is the global reserve currency, the international money of default. Global commerce thinks in dollars. It’s the […]

October 6, 2022

On Tuesday I asked the question as to whether the US Dollar had topped. And as I shared, I was of the opinion that it was far too early to make such a call as the greenback had set a […]

August 22, 2022

The US Dollar Index (DXY) is nearing the July high at 10929, an important high as the bull cycle looks set to continue. We may not see the dollar break out and run without a set-back, but as we head […]

August 1, 2022

The US Dollar continues to falter as yields edge lower, while an extension of the current short-covering in the Japanese Yen also weighs on the greenback. Over the weekend, the Fed’s Kashkari pushed back on the notion that the central […]

April 28, 2022

The US Dollar has been unstoppable of late and today marks the currency hitting a fresh 19-year-high. As looked at in the Q2 forecast, the US Dollar was already really strong coming into the quarter. There was a tease of […]

February 16, 2022

I looked at a litany of setups in this webinar, but as I said up front, much near-term price action seems to be driven by threats, worries or concerns about the Russia-Ukraine scenario. And given the headlines that we’ve already […]

November 11, 2021

Inflation in the US soared to its highest level since November 1990 with prices across the board moving higher, data showed yesterday. The headline rate hit 6.2%, compared to market estimates of 5.8%, while the core rate rose to 4.6% […]

November 2, 2021

Tomorrow brings the Fed, and Friday brings Non-farm Payrolls, so we’re in the midst of some heavy drivers for the USD. It’s long been expected that this is the rate decision at which the Fed will announce their intentions to […]

October 27, 2021

Crude oil is holding the high ground for now after an industry report showed US stockpiles dwindling. S&P 500 made another record high in the US session, but equities were softer in Asia today. Increasing US/China geopolitical tensions and rising […]

October 8, 2021

The yield on the benchmark US Treasury 10-year is popping higher, aided by news overnight that the US Senate voted to extend the debt ceiling until December, pushing back market fears of a government default. The Senate agreed by a […]

October 5, 2021

The US Dollar is bouncing from higher-low support today in a move that, thus far, has been extremely clean for such a forceful breakout. Last week I highlighted the ascending triangle that had built in the USD, and with the […]

September 13, 2021

A late drive lower across risk markets on Friday, saw the S&P 500 close lower for a 5th consecutive session, capping off the worst weekly performance since June. That said, equities a modestly firmer as we begin the session, which […]