Is A Weaker Dollar A Plus For US Economic Growth?

Treasury Secretary Steven Mnuchin says that a softer dollar will juice US economic growth. Speaking at the World Economic Forum in Davos, Switzerland, he advises that “obviously a weaker...

Forex – Risk Rally, RBA Preview and Outlook for USDJPY

Thanks to a more 330-point recovery in the Dow Jones Industrial Average most of the major currency pairs traded higher today. EUR/USD rebounded above 1.23 while USD/JPY ended the...

USDJPY – Is The Bottom In?

Despite OECD leading interest rate, the dollar can’t get any respect. Nowhere is this more evident than in the USDJPY which continues to make yearly lows just as the...

Why Is The Pound So Strong?

Cable rally continues USDJPY takes out 107.50 Nikkei 0.55% Dax 0.47% Oil $67/bbl Gold $1341/oz. Bitcoin $8107 Europe and Asia: EUR GE CPI 0.4% vs. 0.4% North America USD U of M 9:45 The pound continued its winning ways...

The Dollar Correction Is Here

Market Drivers May 22, 2018 Dollar weaker across the board UK data beats Nikkei -0.18% Dax - 0.08% Oil $72/bbl Gold $1294/oz. Bitcoin $8250 Europe and Asia: GBP UK PSNB 6.2B vs. 7.1B North America No Data Dollar was weaker...

Euro “Death Cross”…hmm

50-day MA crossing below the 200-day MA= Death Cross...

Economic Data Calls for 7/6/18

by Kathy Lien Here’s what we are looking for in tomorrow’s economic reports (Jul 6, 2018) — Good Luck Trading! 1. GE Industrial Production (2:00 NY Time) No Trade -- Increase...

VantagePoint Forex Weekly Outlook for July 23rd, 2018

Forex Weekly Outlook for July 23rd, 2018 The Forex Weekly Outlook is designed to help traders remain aware of correlations in the global markets. Traders can become more profitable if...

Behind the Yen’s Strength & RBNZ – What to Expect

These days, all of the action in the forex market seems to be driven by the moves in Asia. Last night, the Japanese Yen soared against all of the major...

Powell Doesn’t Help Dollar, December Hike in Doubt

Fed Chair Jerome Powell's comments at Jackson Hole sent the U.S. dollar lower against all of the major currencies today. Powell confirmed that further gradual tightening will be needed...

Could PPI Push USDJPY to 112.00?

Market Drivers September 12, 2018 GBPUSD above 1.3000 but 1,3050 caps EU slighhtly lowers growth projections Nikkei -0.27% Dax -0.22% Oil $69/bbl Gold $1197/oz. Bitcoin $6200 Europe and Asia: No Data North America USD PPI 8:30 It's been a very...

Will the Dollar – Oil correlation get back into gear?

Quotable “Formula for success: rise early, work hard, strike oil.” --J. Paul Getty  Commentary & Analysis Will the Dollar – Oil correlation get back into gear? Chart Analysis/Comments/Guesses: During the hay days of...