US Dollar (USD)

The last time the ECB met, the result was what the headlines called a "hawkish cut". That's because the easing was widely expected, and was followed up by assurances that the ECB would stick to the data. And the data at the time (and since)…
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XAUUSD hits resistance Bullion attempts another leg higher after mixed data from Friday’s US jobs report. Even though NFP figures beat expectations, the unemployment rate jumped above 4%. The price seems to have secured a foothold around…
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Rising Crude: Fear or Greed Factor? Crude prices rose to the highest they've been in two months this week. Headlines were quick to point to Hurricane Beryl, which is in the southern Caribbean. It's the largest storm (Category 5) to be…
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USDCHF divergence threatens to fall lower The US dollar fell from its recent high after a bearish divergence emerged on the RSI. Following a pop above the psychological level of 0.9000, a brief pullback was contained as bulls held their…
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Japanese authorities are back to warning markets about the exchange rate once again. The yen once again weakened to a 38-year low against the dollar. Once again the market is talking about intervention. It seems like a never-ending cycle.…
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We're in the countdown to what is likely to be the most significant data release of the week for the markets: Friday's PCE Price Index. This is the preferred inflation measure for the Fed when it comes to setting rate policy. And there is…
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US financial markets are in a bit of disarray at the moment, as there seems to be data pointing in opposite directions. While this uncertainty could be good for the dollar in general, there does seem to be a decided risk-on attitude that…
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