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Tag: US Dollar


Capital and Risk, Liquidity

US Dollar Sentiment Analysis & Outlook: GBP/USD, EUR/USD, NZD/USD

May 16, 2024

Via: DailyFX

In the ever-changing world of trading, it’s easy to be tempted by the herd mentality – buying into surging markets and panicking during downturns. Yet, experienced traders recognize the potential embedded within contrarian approaches. These strategies involve going against the […]


Capital and Risk, Liquidity

US Dollar Seeks Fed Signals in PPI, Retail Sales Data – EUR/USD, USD/JPY Setups

March 14, 2024

Via: DailyFX

The U.S. dollar experienced a slight dip on Wednesday, although its descent was cushioned by an uptick in U.S. Treasury yields. In any case, FX volatility remained subdued as traders appeared to refrain from taking large directional positions ahead of […]


Capital and Risk, Liquidity

Japanese Yen Falls Further On Weaker Wage Data, US CPI In Near-Term Focus

January 10, 2024

Via: DailyFX

The Japanese Yen has fallen back to mid-December’s lows against the US dollar on Wednesday as more weak wage data out of Japan weigh on any idea that tighter monetary policy there could be coming anytime soon. Japanese workers’ real, […]


Capital and Risk, Liquidity

US Dollar on Cusp of Breaking Down, Key Levels to Watch in Final Days of 2023

December 27, 2023

Via: DailyFX

The U.S. dollar, as measured by the DXY index, plunged to its weakest point in five months on Wednesday (DXY: -0.55% to 100.98), pressured by a substantial drop in Treasury rates, with the 2-year yield sinking below 4.26%, its lowest […]


Capital and Risk, Liquidity

AUD/USD Price Forecast: Channel Breakout to Keep Bulls in Control?

December 19, 2023

Via: DailyFX

The Australian Dollar has held onto its gains from the past couple of weeks despite a slight recovery from the US Dollar index at the back end of last week. The Australian Dollar has been on a steady move higher […]


Capital and Risk, Liquidity

US Dollar Price Action Setups: USD/CAD Tepid After BoC Decision, USD/JPY Wavers

December 6, 2023

Via: DailyFX

USD/CAD (U.S. dollar – Canadian dollar) retained a negative bias on Wednesday after the Bank of Canada voted to keep interest rates unchanged at 5.0%. While the decision to maintain the status quo was largely anticipated, the BoC left the […]


Capital and Risk, Liquidity

Euro (EUR) Latest: ECB Leaves Interest Rates Unchanged, EUR/USD Slips Lower

October 26, 2023

Via: DailyFX

The ECB left all three of its key interest rates unchanged today and noted that while inflation is expected to ‘stay too high for too long’, inflation dropped markedly in September due to strong base effects. The central bank added […]


Capital and Risk, Liquidity

US Dollar Steadies as Treasury Yields Surge, WTI Crude Gains and EUR/USD Firms

October 18, 2023

Via: DailyFX

The US Dollar has slipped through the Asian session after making some headway overnight on the back of Treasury yields pushing toward multi-year peaks. US retail sales rose by 0.7% month-on-month in September, higher than the 0.3% anticipated and slightly […]


Capital and Risk, Liquidity

Japanese Yen Forecast: USD/JPY Blasts Off as Broader US Dollar Breaks Out

September 5, 2023

Via: DailyFX

The U.S. dollar index soared to a six-month peak on Tuesday (104.90) on the back of a strong advance in U.S. government rates. Against this backdrop, USD/JPY (U.S. dollar – Japanese yen) staged a solid rally, rising around 0.8% to […]


Capital and Risk, Macroeconomic

US Dollar, Dow Jones Sink as Fitch Downgrades US Credit Rating. Now What?

August 2, 2023

Via: DailyFX

The US Dollar, Dow Jones, S&P 500 and Nasdaq 100 fell after reports crossed the wires that Fitch, a key credit rating agency, downgraded the US score to AA+ from AAA. This partly reflected the “expected fiscal deterioration over the […]


Capital and Risk, Liquidity

US Dollar Forecast: Sentiment Positive on AUD/USD, NZD/USD, Bearish on USD/CAD

July 14, 2023

Via: DailyFX

IG client sentiment data shows 45.50% of traders are net-long AUD/USD, with the ratio of short to long sitting at 1.20 to 1. The number of traders who are net-long is 21.36% below yesterday’s levels and 39.21% lower from last […]


Capital and Risk, Liquidity

Swiss Franc Price Outlook: Banking Woes Support CHF Bid

May 5, 2023

Via: DailyFX

The Swiss Franc has emerged as one of the top performers against the US dollar in 2023 as declining rate expectations in the US and safe-haven appeal of the franc influence the fundamental landscape. The franc has appreciated around 4.4% […]


Capital and Risk, Macroeconomic

US Q1 Growth (GDP) Disappoints, US Dollar Nudges Higher Post-Release

April 27, 2023

Via: DailyFX

The US economy expanded by 1.1% in Q1, according to the latest US Bureau of Economic Analysis (BEA) data, missing expectations of 2%. The US economy grew by 2.6% in Q4 2022. According to the BEA, ‘Compared to the fourth […]


News

In China, Brazil’s President Calls for Alternative to US Dollar in International Trade

April 14, 2023

Via: CNSNews.com

Brazil’s leftist president began a visit to China on Thursday by taking a swipe at the U.S. dollar and asking why the group of leading emerging economies known as BRICS could not use a currency other than the greenback to […]


Capital and Risk, Liquidity

GBP/USD Grinds Higher as US Data Releases Near

March 30, 2023

Via: DailyFX

GBP/USD traders will have found life difficult this week with the pair moving sideways to marginally higher in a tight trading range. Both the British Pound and the US dollar have had little reason to move either way with a […]


Capital and Risk, Liquidity

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

December 12, 2022

Via: DailyFX

The US Dollar was on an aggressive trend in the first nine months of this year as the Fed continued with super-sized rate hikes. Since the Q4 open, however, that trend has come into question as prices have pulled back, […]


Capital and Risk, Liquidity

USD/JPY Yielding to a Revitalized Dollar as the BoJ Offers No Help

October 28, 2022

Via: DailyFX

The Bank of Japan today left all monetary policy levers untouched, as expected, and confirmed that it would continue to control JGB yields to help boost the ailing Japanese economy, stoke inflation and keep the Japanese Yen depressed. At the […]


Capital and Risk, Liquidity

USD/JPY Battles a Fresh 24-Year High as the Japanese Yen Continues to Slump

October 11, 2022

Via: DailyFX

The Japanese Yen is back in the headlines again as it slumps further against the US dollar. The pair are now testing the 145.90 level, and a break higher would see USD/JPY trade at levels not seen since August 1998. […]


Capital and Risk, Liquidity

US Dollar (DXY) Consolidates Ahead of the Latest US Jobs Report (NFP)

August 4, 2022

Via: DailyFX

This week has seen a group of Federal Reserve members spreading the central bank’s message that US inflation is elevated and that interest rates will need to be ramped up further to try and dampen domestic price pressures. Various board […]


Capital and Risk, Liquidity

British Pound Update – GBP/USD Stuck in a Rut Ahead of The BoE

August 3, 2022

Via: DailyFX

The Bank of England is expected to hike interest rates for the sixth consecutive meeting on Thursday as the central bank continues to grapple with soaring inflation. The UK central bank is seen hiking the Bank Rate by 50 basis […]