Chart Outlook News Today

US Dollar bulls are back with vengeance as recent strength across USD price action sends the broader DXY Index ripping to fresh yearly highs. Can the US Dollar extend its stretch of gains?

US Dollar Outlook: USD/JPY Mired by Yields, Flash PMIs Due 2021-07-22 22:30:00 Rich Dvorak, Analyst USD/JPY PRICE OUTLOOK: STRONG PMI DATA MIGHT STEER YIELDS & DOLLAR HIGHER The US Dollar whipsawed on Thursday and helped the DXY Index reverse its -0.3% decline USD/JPY price action weakened as Treasury bond yields struggled to extend their rebound Flash PMIs scheduled for release tomorrow could weigh on risk trends ahead of the FOMC Bookmark and revisit our Real Time News page for breaking marke...

US Dollar Forecast: NFP Preview with Fed Policy & Market Impact 2021-07-01 22:10:00 Rich Dvorak, Analyst US DOLLAR PRICE OUTLOOK: ALL EYES ON NONFARM PAYROLLS REPORT US Dollar bulls are flexing their muscles due to the threat that FOMC officials may taper QE Nonfarm payrolls might need to top 845K to catalyze a sustained breakout by the US Dollar Bookmark and revisit our Real Time News page for timely market news and analysis USD price action gained ground across the board of major currency pai...

AUD/USD turned sharply lower on Thursday and broke neckline support, providing confirmation of the bearish head and shoulder pattern. Will the US Dollar strengthen further on NFPs due for release?

USD/JPY Jumps to Monthly High, US Dollar Eyes PCE Inflation Due 2021-05-27 22:35:00 Rich Dvorak, Analyst US DOLLAR OUTLOOK: USD/JPY PULLED HIGHER WITH YIELDS AS MARKETS AWAIT PCE INFLATION DATA US Dollar traded mixed and left the DXY Index little changed on Thursday USD/JPY surged 70-pips as Treasury yields ticked higher ahead of PCE data The Yen weakened broadly and likely exacerbated recent USD/JPY strength The US Dollar finished Thursday’s trading session practically flat gauging by the DX...

US Dollar Outlook: DXY Index Eyes Retail Sales Data, Yields 2021-05-13 22:30:00 Rich Dvorak, Analyst US Dollar Outlook Hinges on Treasury Yields; Retail Sales & Consumer Inflation Expectations Eyed US Dollar edged slightly lower on Thursday measuring by the broader DXY Index Treasury yields pulled back and likely contributed to a slightly weaker US Dollar Retail sales and consumer sentiment data on deck could rekindle inflation fears The US Dollar lost upward momentum on Thursday following yes...

The US Dollar snapped back higher on Tuesday to reverse prior session losses. Can the DXY Index overcome nearside technical resistance or will US Dollar bears throttle the Greenback lower?

US Dollar Outlook: DXY Index Tags 50-Day Simple Moving Average 2021-04-14 22:00:00 Rich Dvorak, Analyst US DOLLAR OUTLOOK: USD PRICE ACTION STILL UNDER PRESSURE, CAN BULLS DEFEND 50-DAY MOVING AVERAGE? US Dollar edged another -0.2% lower on Wednesday gauging by the broader DXY Index EUR/USD price action has climbed alongside ten-year Bund to Treasury yield spreads Retail sales data due for release could drive currency volatility and US Dollar strength The US Dollar weakened -0.2% on Wednesday ...

US Dollar Outlook: USD/CAD Mired by Jobs Data Due, Oil Prices 2021-04-08 22:00:00 Rich Dvorak, Analyst US DOLLAR OUTLOOK: USD/CAD PRICE ACTION EYES CANADIAN JOBS DATA, CRUDE OIL PRICE VOLATILITY US Dollar tumbled -0.4% lower on Thursday as bears continue to unwind the 1Q rebound Broad US Dollar weakness has pressured the DXY lower four out of the last six sessions USD/CAD in focus due to potential for volatility around jobs dat...

The US Dollar extended its pullback during Thursday’s trading session with weakness shown against nearly all FX peers. Will the DXY and VIX ‘fear-gauge’ slide further as stimulus is dished out?