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With elections out of the way, the Norwegian Krone looks at oil and the Norges Bank

USD/NOK seems to have reverted to its normal self, which is trading inversely to oil and a hawkish central bank ....

Labor Party , Norges Bank , Center Party , Socialist Left , Norwegian Krone , தொழிலாளர் கட்சி , மையம் கட்சி , சோசலிஸ்ட் இடது , நோர்வே க்ரோன் , Norges Bank , Usd Nok , Technical Analysis , Double Top ,

Which is better to own right now: Silver or Gold?

The Gold/Silver ratio has been relatively rangebound between 62.066 and 85.82 for the last year. But that doesn't mean there aren't opportunities to trade! ....

Moving Average , Xau Usd , Ag Usd , Au Xag , Technical Analysis ,

Congratulations S&P 500: You did it!

If the S&P 500 is to continue higher, it may need more dovish talk from the Fed at next week’s meeting ....

Christine Lagarde , Pandemic Emergency Purchase Program , Sp 500 , Technical Analysis , கிறிஸ்டின் லகார்ட் , சர்வதேச பரவல் அவசரம் கொள்முதல் ப்ரோக்ர்யாம் ,

ECB Recap: Unchanged, too early to discuss exiting PEPP

The ECB has “kicked the can down the road” ....

Christine Lagarde , Pandemic Emergency Purchase Program , Interest Rates , Technical Analysis , Symmetrical Triangle , கிறிஸ்டின் லகார்ட் , சர்வதேச பரவல் அவசரம் கொள்முதல் ப்ரோக்ர்யாம் ,

What is driving the US Dollar higher?: DXY

What is driving the US Dollar higher?: DXY
Joe Perry
June 3, 2021 7:59 PM
With the possibility of a stronger than expected NFP print for May, the DXY has gone bid on taper hopes.
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The US Dollar Index (DXY) was on a tear today. The US session began with the DXY selling off after Russia announced that they were exiting US Dollars from their Sovereign Wealth Fund. However, that move later reversed, and the DXY turned sharply higher with a better than expected ADP Employment Change figure for May, as well as, with a better than expected initial Jobless Claims figure for the week ending May 29 ....

Matt Weller , Sovereign Wealth Fund , Sovereign Wealth , Jobless Claims , Non Farm Payrolls , Moving Average , Us Dollar Index , Initial Claims , Average Hourly Earnings , Technical Analysis , மேட் வெல்லர் , இறையாண்மை செல்வம் நிதி , இறையாண்மை செல்வம் , அல்லாத பண்ணை ஊதியங்கள் , நகரும் சராசரி , எங்களுக்கு டாலர் குறியீட்டு ,