Dollar Declines On Risk Tolerance
Dollar Declines On Risk Tolerance
Overall, the major currencies surged against the dollar as investors are again thinking that the global economy is heading towards recovery. This, in turn, has investors dropping their U.S. dollar denominated assets in the favor of higher yielding assets, denominated in foreign currencies. The currency market may test the highs reached […]
Trade Desks Looking Forward: Dollar Strength?
Trade Desks Looking Forward: Dollar Strength?
Australia releases Home Sales data at 21:30 EDT, and as a red flag release may impact not only the value of Aud/Usd but the major pairs as well. The reason that may be a bigger impact than usual is that the week is very light on economic data, and does […]
Dollar Swing Point: Time To Back Last Weeks Moves
Dollar Swing Point: Time To Back Last Weeks Moves
The Markets Need To Back 20 Red Flag Releases In Two Days Last Week
A swing change in the near-term will now test the 4 hour momentum that for the past two months has been building a short dollar bias. The last two trading sessions have absorbed twenty […]