News – Talking Points: Dollar: Looking Beyond the Flash of NFPs Volatility Euro Traders Confident in Stimulus, Not Concerned Enough About Greece British Pound Facing CPI Next Week After a Long Tumble on Rate Forecasts Dollar: Looking Beyond the Flash of NFPs Volatility A market that is already prone to volatility and a top market-moving Read More

When it comes to the U.S. dollar, everyone seems agrees on two things: It will keep soaring, and everyone’s too bullish. The U.S. Dollar Index (Exchange: .DXY), which tracks the currency by comparing it to a basket of six currencies (though it is heavily weighted toward the euro) is up 15 percent in six months. Read More – – The dollar hit a 12-year peak against the other major currencies on Thursday, as mounting optimism over the strength of the U.S. economic recovery lent broad support to the greenback. The dollar continued to be underpinned after a report on Wednesday showed that the U.S. private sector added a larger-then-forecast 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: 11648, 11577, 11489 Resistance:11719, 11807, 11950 The Dow Jones FXCM US Dollar Index continued to push higher for a fourth consecutive day, with prices setting yet another five-year Read More