Recap The last time we looked at the US Dollar (DXY), we noticed the strong price action and bullish up trend. Before we look at the new developments in the Dollar, let’s understand what it means for us as traders and investors. A stronger Dollar typically has an inverse relationship with gold, crude oil, and Read More…
The US Dollar has rallied 18% this year due to an aggressive interest rate policy. Correlation between the Dollar and the Equities Futures markets. Technical Analysis on the US Dollar. Dollar Likely To to Remain Stronger The US Dollar has rallied this year by more than 18% due to the aggressive policy outlined by the Read More…
Rising US yields weigh on the JPY/USD futures. The Bank of Japan maintains its dovish policy, further igniting the bears. US PMIs, durable goods data, and Fedspeak are the key focus for the market participants. Futures prices for JPY/USD (6J1) remain strongly influenced by US Treasury yields. However, we anticipate that the pair will gain Read More…
While some people think the 2020 sudden fall in the relative value of the dollar will boost the economy of the US, some analysts worry that it may affect the global standing of the dollar. Although the two views reflect essential realities, none of them captures exactly the complete story. A USD fall of roughly Read More…
The economic growth of countries is estimated through their GDP, which is determined by two components: population growth and productivity of labor. The productivity of labor shows the ability for enhanced output from the available amount of labor in the economy. US Dollar (USD) The announcement also provided support to the USD, against the precious Read More…
Goldman Sachs Group Inc. highlighted the recent mounting concern that inflation in the U.S. could make the US dollar lose its status as a haven. While Congress closes in on one more cycle of fiscal incentive to buttress the US economy that has been badly affected by the Covid-19 pandemic, and the Federal Reserve have Read More…
