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: 11772, 11715, 11584 Resistance:11888, 11983, 12077 The Dow Jones FXCM US Dollar Index re-accelerated upward anew, with prices establishing a new six-year high. A daily close above the Read More
Author: Dollar Index
DailyFX.com – Talking Points: Dollar Charges Higher as Policy Contrast Draws Focus to Fed Euro Suffers Biggest Drop in Three Years on Massive ECB QE British Pound: Will 4Q GDP Forecasts Revive BoE Rate Forecasts? Dollar Charges Higher as Policy Contrast Draws Focus to Fed While this past session’s top event risk – the ECB’s Read More
A gauge of the dollar approached a 10-year high on speculation the U.S. is moving toward raising interest rates as policy makers in Europe and Japan meet to discuss further measures to bolster their stagnant economies. New Zealand’s dollar plunged toward a more than two-year low after consumer prices fell. The U.S. currency climbed for Read More
Investing.com – Investing.com – The dollar climbed to fresh 12-year highs against the other major currencies on Thursday, after the release of relatively positive U.S. jobless claims data and as the European Central Bank announced a large scale quantitative easing program. In a report, the U.S. Department of Labor said the number of individuals Read More
* Traders cut back on short euro bets ahead of ECB * Traders eye Thursday ECB announcement after reports on stimulus * Dollar falls against yen after BoJ keeps stimulus unchanged (Recasts throughout, adds comments, updates prices) By Sam Forgione NEW YORK, Jan 21 (Reuters) – The dollar slipped against the euro on Wednesday after Read More
The euro was slightly higher against the dollar in Asian trade Thursday, with many investors sitting on the sidelines ahead of a key European Central Bank policy meeting later the day. The euro Read More
* Euro hits nearly one-week high against dollar * Traders brace for smaller ECB bond-buying program than expected * Dollar falls against yen after BoJ keeps stimulus unchanged (Updates to U.S. trading, adds comments, changes byline, dateline, previous LONDON) By Sam Forgione NEW YORK, Jan 21 (Reuters) – The dollar fell against the euro on Read More
Investing.com – Investing.com – The dollar pushed lower against the other major currencies on Wednesday, after the release of mixed U.S. housing reports, although the greenback still continued to trade within close distance of recent 12-year highs. In a report, the U.S. Commerce Department said that the number of building permits issued last month Read More
* Thursday ECB meeting expected to set stimulus measures * Dollar index weakens against euro * SPDR gold fund sees strong inflows (Updates prices, adds comment) By Marcy Nicholson and Clara Denina NEW YORK/LONDON, Jan 21 (Reuters) – Gold pared gains on Wednesday, after climbing above $ 1,300 an ounce for the first time since Read More
The quickly appreciating U.S. dollar could begin to weigh on corporate earnings, especially among large-cap S&P 500 stocks and related exchange traded funds with significant overseas exposure. The SPDR S&P 500 ETF (SPY) , which tries to reflect the performance of the S&P 500 index, has increased 11.5% over the past year but is down Read More