DXY

ImagePixel/iStock via Getty Images Dollar (DixieThe price usually tends to rise between now and US election day. According to the BofA Securities Technical Advantage report, the average trend (nine out of 13 times) was up 2.5%, peaking…

The US dollar may be ready for a sharp rally after seeing a bearish trend earlier this month. Do you think the US dollar is ready to rise?Take a look at the reversal pattern on the 4-hour chart! US Dollar Index (DXY) 4-hour Chart by…

UBS recommended investors sell the pair, indicating attractive entry levels for trading. The company confirmed that the DXY index, which measures the strength of the US dollar against a basket of currencies, fell 1.5% from its peak in late…

The British pound ended the US session as the strongest of the major currencies today. The Swiss franc is the weakest. The US dollar ended the day mixed with gains against the Japanese yen and Swiss franc and losses against the British…

With inflation remaining hotter than desired in the first quarter of 2024, the Fed's first expected interest rate cut in more than four years continues to push through later in the calendar, with some wondering whether the central…

Dollar traders huddle up! The U.S. dollar index (DXY) is dropping faster than Taylor Swift dropped an extra 15 songs following her latest album release. Will the downswing send the Greenback to a key technical support zone? U.S. Dollar…

US Inflation Rises in DecemberDecember reveals hotter inflation – base effects to be consideredImmediate market reaction from USD, gold and S&P 500 futures Recommended by Richard Snow Trading Forex News: The Strategy…

This article focuses on the technical outlook for the U.S. dollar index and some of the major FX pairs. If you are interested in reading about the fundamental prospects for the US currency, be sure to request the full Q1 forecast.…

US Core PCE Key Points:Core PCE Price Index YoY(NOV) Actual 3.2% Vs 3.5% Previous.PCE Price Index YoY(NOV) Actual 2.6% Vs 2.9% Previous (Revised Down).The Data Today Will Only Further Fuel the Fire Regarding Rate Cuts in 2024.To Learn More…

U.S. DOLLAR TALKING POINTS & ANALYSISUS GDP leaves greenback shaky.Core PCE in focus later today and could dictate terms for the rest of 2023.DXY bulls seek out upside reversal.Elevate your trading skills and gain a competitive edge.…