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December 17, 2020
USD Price Outlook: US Dollar Free Fall Reignited by Dovish Fed 2020-12-17 22:30:00 Rich Dvorak, Analyst US DOLLAR OUTLOOK: USD PRICE ACTION RESUMES SHARP SELLOFF AS FED ECHOES DOVISH POLICY US Dollar swooned throughout Thursday’s trading session as sellers flexed their muscles USD price action under pressure with the Federal Reserve underscoring its dovish stance The DXY Index extended its sharp slide to 32-month lows amid br...
December 16, 2020
USD Price Outlook: US Dollar Braces for Fed Decision, PMI Data 2020-12-15 22:30:00 Rich Dvorak, Analyst US DOLLAR OUTLOOK: USD PRICE ACTION PRIMED FOR VOLATILITY AS MARKETS AWAIT FOMC PROJECTIONS & GLOBAL PMI DATA The DXY Index gravitated back toward two-year lows largely owing to prevailing risk trends USD price volatility might accelerate with the Federal Reserve and high-impact data on deck Advertisement...
December 16, 2020
USD Price Outlook: US Dollar Whipsaws on Fed Bond Buying Plans 2020-12-16 22:30:00 Rich Dvorak, Analyst US DOLLAR OUTLOOK: USD PRICE ACTION GYRATES LOWER AS FED CHAIR POWELL SIGNALS ASSET PURCHASES TO CONTINUE AT CURRENT PACE US Dollar went on a roller coaster ride during Wednesday’s trading session as volatility spiked USD price action edged lower after PMIs then ripped and dipped following the FOMC decision The DXY Index co...
December 15, 2020
USD Price Outlook: US Dollar Oscillates in Effort to Form Support 2020-12-14 22:30:00 Rich Dvorak, Analyst US DOLLAR OUTLOOK: USD PRICE ACTION EYES KEY CATALYSTS FOR VOLATILITY USD price action whipsawed Monday as weakness waned throughout the trading session The DXY Index inked fresh two-year lows on an intraday basis in spite of technical support US Dollar volatility in focus amid Brexit, stimulus talks, covid, FOMC decision ...
December 11, 2020
US Dollar selling pressure resumed on Thursday as USD price action pivoted toward week-to-date lows, but a weaker Pound Sterling helped alleviate some of the downside notched by the DXY Index.
December 10, 2020
USD price action traded mixed throughout Wednesday with the DXY Index gaining a mere 0.1% on balance as the US Dollar strengthened against the Euro but weakened relative to the Pound Sterling.