DailyFX.com – To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11740, 11653, 11513 Resistance:11876, 11963, 12103 The Dow Jones FXCM US Dollar Index is struggling to find follow-through after falling as expected having formed a bearish Evening Star Read More
Author: Dollar Index
* Yellen refrains from giving clear hint on rate hike timing * Dollar bulls disappointed, greenback lower vs yen, euro * Losses light, Fed still seen taking a step to normalising policy By Shinichi Saoshiro TOKYO, Feb 25 (Reuters) – The dollar edged down against the yen and euro early on Wednesday after Federal Reserve Read More
(Bloomberg) — Emotion is trumping the dollar in the gold market. Every quarter for the past three years, the metal has moved in the opposite direction of the currency. That trend is being upended in 2015. Investors have bought bullion as a hedge against political turmoil in Europe, even as the dollar rose on prospects Read More
Investing.com – Investing.com – The dollar trimmed gains against a basket of other major currencies on Tuesday, after downbeat U.S. consumer confidence data and as Federal Reserve Chair Janet Yellensaid that rates will remain on hold for at least the next couple of meetings. In a report, the Conference Board, a market research group Read More
(Bloomberg) — The dollar rose against most of its major peers before testimony from Federal Reserve Chair Janet Yellen that may underscore prospects for higher U.S. interest rates. The Bloomberg Dollar Spot Index climbed after Richmond Fed President Jeffrey Lacker was cited by Market News International as saying the central bank may raise rates in Read More
(Bloomberg) — The dollar strengthened and Treasuries fell before Federal Reserve Chair Janet Yellen speaks to lawmakers. Yields on European corporate and government debt dropped to record lows as Greece’s creditors review a list of debt-reduction policies. The Bloomberg Dollar Spot Index climbed 0.3 percent at 7:01 a.m. in New York. The yield on 10-year Read More
The U.S. dollar has been range bound for weeks, but if Federal Reserve Chair Janet Yellen sounds more upbeat about the labor market in her testimony to Congress this week, analysts say the greenback could test recent highs against several currencies. “The U.S. dollar has been in consolidation mode. If Janet Yellen comes out sounding Read More
DailyFX.com – To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: US Dollar Technical Strategy: Holding Long via Mirror Trader Basket ** Support: 11740, 11653, 11513 Resistance:11876, 11963, 12103 The Dow Jones FXCM US Dollar Index looks to have reversed downward as expected after putting in a bearish Evening Star candlestick Read More
(Bloomberg) — Asian stocks traded near a five-month high and the dollar strengthened before Federal Reserve Chair Janet Yellen speaks to lawmakers and as Greece’s creditors review a list of debt-reduction policies. Australian bonds gained and U.S. oil traded below $ 50 a barrel. The MSCI Asia Pacific Index was little changed by 11:53 a.m. Read More
By James Ramage The dollar rose against the euro and edged higher against other currencies on Monday ahead of testimony Federal Reserve Chairwoman Janet Yellen will provide to Congress on the U.S. economy and interest rates. The euro slid 0.4% to $ 1.1331 in late-afternoon trade. The Wall Read More