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US Dollar Continues to Get Punished as Traders Feel No Need for Safety as Stocks Soar

Traders continued punishing the US Dollar amid a lack of reason for safety as the Dow Jones, S&P 500 and Nasdaq 100 soared on Thursday. Will DXY confirm its worst week since early January? ....

New Zealand , Daniel Dubrovsky , Dow Jones , Federal Reserve , Asia Pacific Market Open , Pacific Market Briefing , New Zealand Dollars , Wall Street , Senior Strategist ,

Nasdaq 100 Dips as Soft ISM Services Data Fuels Economic Woes, Will Support Hold?

The tech-heavy Nasdaq 100 underperformed on Wednesday as soft US ISM Services data fueled economic woes. Will key support hold as traders turn towards Thursday’s session? ....

Daniel Dubrovsky , Federal Reserve , Dow Jones , Services Index , Technical Analysis , Asia Pacific Market Open , Pacific Market Briefing , Tech Stocks Sink , Wall Street , Caixin China , Senior Strategist ,

US Dollar Slide Fast Approaching Pivotal Support Zone After ISM Manufacturing Miss

The US Dollar continued its slide, with disappointing ISM Manufacturing amplifying its selloff. This means the DXY Dollar Index is quickly approaching a pivotal area of support. ....

Daniel Dubrovsky , Federal Reserve , Bear Flag , Asia Pacific Market Open , Tuesday Asia , Pacific Market Briefing , Australian Dollar , Wall Street , Reserve Bank , Simple Moving Average , Senior Strategist ,