(Bloomberg) — The dollar rallied with gold as China’s yuan slipped to a two-year low after China cut interest rates for the second time in three months. Oil retreated following its first monthly gain since June. The Bloomberg Dollar Spot Index increased 0.2 percent at 10:54 a.m. in Hong Kong as China’s currency traded at Read More
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The dollar index slipped on Friday, pegged back by month-end selling, but was still on track for its eighth straight month of gains on better data and comments from Federal Reserve officials that bolstered bets for a rate rise this year. The index, which measures the dollar’s performance against major currencies, was set to mark Read More
DailyFX.com – View photo . Fundamental Forecast for Dollar:Neutral The PCE inflation gauge and NFPs will shape rate speculation that still has market pricing October hike Expected easing efforts by the ECB, RBA and BoC can leverage the Dollar’s outlook for rate hikes Want to test out all the premium tools and resources FXCM has Read More
Though it has been on a historic winning streak, King Dollar has come dangerously close to running out of luck. Oh sure, the U.S. dollar index has just completed a record eight consecutive monthly gains, the longest that has happened since it was created four decades ago. Since the start of July, the dollar index Read More
* Dollar index on track to extend winning monthly streak * Euro near 1-month low vs dollar, rebounds from 3-week low vs yen * Greenback cuts losses as Q4 GDP revised down less than expected * Swedish crown rises to one-month high after GDP data (Updates market action) By Richard Leong NEW YORK, Feb 27 Read More
* Dollar index on track to extend winning monthly streak * Euro rebounds from 1-month low vs dollar, 3-week low vs yen * Greenback cuts losses as Q4 GDP revised down less than expected * Swedish crown rises to one-month high after GDP data (Updates market action, changes dateline, previous LONDON) By Richard Leong NEW Read More
NEW YORK (MarketWatch) — A closely watched U.S. dollar index was on track for a monthly gain after spending much of February in consolidation mode as investors await further signals on the timing of the Federal Read More
* Dollar index eases from previous day’s 1-month high * U.S. Jan CPI, durables goods data raise rate-hike bets * Swedish crown rises to one-month high after GDP data (Adds details, Swedish crown, fresh quote) By Anirban Nag LONDON, Feb 27 (Reuters) – The dollar index fell on Friday amid month-end selling but was still Read More
* Dollar index eases from previous day’s 1-month high * U.S. Jan CPI, durables goods data raise rate-hike bets * Fed’s Bullard, Williams keep alive hopes of higher rates (Recasts, adds comment, details) By Anirban Nag LONDON, Feb 27 (Reuters) – The dollar index slipped on Friday, pegged back by month-end selling, but was still Read More
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 issued its largest advance in a month but prices failed to overcome range resistance to secure a Read More