The gemini twins of market sentiment
It was generally assumed that last Friday’s Non Farm Payroll release would mark the beginning of the end of the FED’s bond buying program, as […]
US Dollar Index
US dollar index remains weak after lacklustre NFP data
Last week’s trading in the US dollar could best be described as ‘after the Lord Mayor’s show’! As traders, investors or speculators, we had all […]
USD index waiting for NFP trigger!
Ahead of today’s first non farm payroll numbers of the last quarter it’s ironic to think that a forecast of 178k is supposed to […]
JPY index reflects market mood
A day for pausing and reflection on the Yen index following Gov Kuroda’s comments earlier this week, and ahead of today’s non farm payroll data. […]
US dollar index chart analysis
As one month ends, so another starts, and in particular it’s the traditional Labor Day celebration tomorrow in the US which marks the end of […]
The yen index – barometer of risk
As mentioned in the previous post, the Yen index can give us an excellent perspective of market sentiment, given the Yen’s unique position within the […]
Where next for the US dollar?
Trading during these summer days can be tricky, not least because of relatively thin volumes and a general lack of participation. Therefore, it can be […]
Yen index delicately poised, just like the USD index
Just like the US dollar index, the yen index too, is in a delicate phase of price action on the daily chart. Following the extended […]
Dollar index remains bearish, but for how much longer?
Some interesting price behaviour now building on the daily charts for the US dollar index and the Yen index, ahead of next month, as the […]
Dollar index now waits for QE tapering
On a very quiet day for fundamental news I thought I would focus on the US in the light of the recent comments by Ben […]
Dollar index now testing the 11,000 level
Complementing the Yen index is of course the US dollar index, and whilst the daily timeframe is the usual chart of analysis, I have moved […]
Dollar index waits for FED
Following a relatively subdued period of activity on the US dollar index chart, which saw the price action confined to a narrow range last week, […]
Sell, sell, sell – well all except the US dollar!
Over the past few weeks Ben Bernanke has single-handedly managed to create the biggest market sell off since the dark days of 2008, whilst simultaneously […]
The yen index is now poised at key resistance level
Unlike the USD index, the Yen index is delicately poised below a key area of price resistance in the 7780 region, which has now been […]
USD index reverses on weekly doji candle
As we come to the end of another trading week, I just want to return to the USD index, following my post earlier this week […]
Dollar index reflects indecision in market’s view of USD
Following two weeks of solid gains for the US dollar, last week’s price action was an anomaly, given the sharp sell off in risk assets […]
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Yen Index Heavily Bearish
Most of us are familiar with the Dollar Index, but I thought it would be interesting to post the hourly chart for another index that […]