US treasuries hold the key to trading this week
First of all may I say a huge thanks to all of you who managed to come along to Saturday’s presentation at the Traders Expo, […]
dollar index
Will the Fed Survive?
Utah has had enough of the Federal Reserve and has recently passed a bill to make gold and silver legal tender and shops will soon […]
Market Round Up
This past week has seen an almost “perfect storm” of events, making it almost impossible to keep up with developments whilst at the same time […]
Market Reflections
Reactions to the Japanese earthquake last week have been fairly predictable so far in the financial markets – equities have sold off sharply with shares in […]
NFP, the dollar index, and “strong vigilance” – what a carry on!
The dollar index has continued to move lower once again today with equity markets climbing as risk appetite returned ahead of tomorrow’s key NFP data […]
Bearish sentiment continues for USD index
The bearish picture for the US dollar index has continued this week once again, with Tuesday’s failed attempt to rally adding further downwards pressure to […]
Another gloomy week for the US dollar
The bearish technical picture for the USD index continued once again last week, and much as I expected, ending on Friday with a wide spread […]
USD index remains weak
The hammer candle of two weeks ago on the dollar index chart, duly delivered the expected bounce for the dollar, which closed Friday’s trading session […]
Eurodollar Analysis
A seminal day for the euro vs dollar yesterday which finally managed to breach the 61.8 fib retrace level of the Nov 4 2010 high […]
Tech Levels for the Majors
In anticipation of the tsunami of fundamental news which starts overnight in Japan here is a quick technical round up for the majors: USDJPY The […]
USD index analysis and forecast
The USD index is now at a critical point from a technical perspective, having closed on Friday with a wide spread up candle, which broke […]