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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 market news and analysis US Dollar bulls and bears battled for directional control during Thursday’s tr...
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 pairs on Thursday. US Dollar strength was most notable against the Pound, Yen, and Aussie. The broader ...
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 DXY Index. US Dollar price action was a mixed bag across the board of major currency pairs with streng...