What you need to know on Tuesday, January 4: The dollar is the best performer on Monday, appreciating against all its major rivals thanks to high yields on US government bonds. The yield on the US 10-year Treasury note started the day at 1.53. %, jumping to 1.635% in the US mid-afternoon, holding close as […]
Tag: Index Dollar
The 95.50 area offers support for the moment
The DXY partially reverses Friday’s retracement and is approaching 96.00. Recent lows at 95.50 should contain weakness for now. The recent correction in the Dollar Index (DXY) appears to have found some decent containment in the 95.50 region so far. A break out of the 95.50 zone should allow an immediate test of the 55-day […]
US Dollar DXY Index Returns to Smile and Approaches 96.00 Level
The DXY index leaves Friday’s decline behind and is targeting the 96.00 level. US yields start the week on a mild positive sentiment. Construction spending and the final manufacturing PMI stand out on today’s economic calendar. The US dollar DXY index, which measures the strength of the dollar against a basket of major currencies, regains […]
New Years Eve means more swing trades to come
What you need to know on Friday, December 31: Major pairs held within familiar levels Thursday, trading choppy amid weakened market conditions. Most financial markets will be closed on Fridays, in the middle of the New Year’s holiday. Wall Street will operate normally, while the bond markets will close earlier. The market is likely to […]
Forex Today – Asian Session: The Dollar Loses Ground As Traders Prepare To Close Their Year-End Books
What you need to know on Thursday, December 30: The dollar swung between profit and loss, rising during the European session and then lower during US trading hours As traders prepare to close their yearly books, major pairs saw some action for the first time this time. week. The EUR / USD pair fell to […]
Forex Today – Asian session: The dollar advances due to the calm of the market
What you need to know on Wednesday, December 29: The dollar received some market attention in the American afternoon, posting daily gains against most major rivals. Wall Street opened on a firm tone and flirted with all-time highs, but fell shortly thereafter, with the major indices ending the day mixed. In the absence of relevant […]
Dollar sales stagnate as short-term Treasury yields rise
This is what you need to know to trade today Tuesday, December 28: After the Wall Street indices closed in record numbers on Monday, a sense of caution returned to financial markets this Tuesday. Once again, investors are assessing the risks of the covid variant of Ómicron on economic growth, despite strong sales for the […]
Forex Today – Asian Session: Moderate Optimism to Start the Week
What you need to know on Tuesday, December 28: Investors calmly returned from a long weekend, looking optimistic amid reports suggesting the Omicron variant is much less severe and less likely to end with hospitalizations than previously known strains, despite being highly contagious. , according to reports from the UK and South Africa. Low volumes […]
The US dollar index plummets for the fourth day in a row, but remains above 96.00
-637758880559643826.png "The US dollar index plummets for the fourth day in a row, but remains above 96.00")
The DXY loses 0.07%, but remains above 96.00 as the American session ends. The positive news related to Omicron that improved the mood of the market weakened the dollar. US Dollar Index (DXY) Price Forecast: Bias to the upside, although testing the lower trend line of the ascending triangle. The US Dollar Index (DXY), which […]
Forex Today – Asian Session: Risk Appetite Undermines Dollar Demand
What you need to know on Friday, December 24: The dollar fell amid positive market mood with all global indices posting daily gains. The exception was USD / JPY, as the pair rose and settled at 114.45, approaching its yearly high. Yields on US Treasuries advanced, with the 10-year yield currently hovering around its daily […]