The US dollar had a bit of a mixed week, ending a little lower than where it started. But don't worry, it's still showing signs of strength! The market is a bit jumpy right now, with lots of things happening around the world. We've got the US and China still figuring out their trade deal, some interesting US job numbers and everyone's waiting to see what happens...
The US dollar is bouncing back after a couple of weeks of losses, showing it's still a strong currency. This comeback is thanks to good economic news in the US, different central bank policies around the world, and the recent US tariffs. Let's take a closer look at what's making the dollar stronger and what might happen to other currencies this week. The...
The FX market is bracing for a potentially volatile week, with the US presidential inauguration coinciding with crucial economic data releases. This confluence of events could trigger significant uncertainty and trading opportunities. Dollar's Strength and Potential Vulnerability The US dollar has been on an impressive rally, fueled by expectations of policy...
The US dollar is getting strong again, driven by a resilient US economy and expectations of a "hawkish cut" from the Federal Reserve. Despite talk of a rate cut, the US economy remains strong, with solid consumer spending and a tight labor market. This raises concerns about persistent inflation, suggesting the Fed may be cautious about further easing. ...
The US dollar, after an 8-week rally, finally showed signs of weakness last week. This correction appears to be primarily technical, driven by profit-taking and month-end flows, rather than any significant shift in macroeconomic fundamentals. Interestingly, this aligns with historical trends, as the dollar has experienced a downside in December 68% of the time...
The US dollar is on a tear, caused by "Trump trade" optimism and robust economic data. But will this bullish momentum persist? We analyze the key drivers behind the dollar's strength and explore the potential impact of upcoming economic events. The "Trump Trade": The US dollar's recent surge is intricately linked to the market's anticipation of President...
The US dollar continues its impressive rally, demonstrating resilience amidst global uncertainty. This analysis dives into the key levels and upcoming catalysts that could shape the dollar's trajectory in the week ahead. Technical Confirmation of Bullish Momentum The dollar's uptrend is clear, not just from the economic data, but also from the charts. The US...
The US dollar is on a relentless march higher, racking up its fourth consecutive week of gains. This technical analysis dives into the key levels and upcoming catalysts that could shape the dollar's trajectory in the week ahead. Technical Confirmation of Bullish Momentum The dollar's uptrend is clear, not just from the economic data, but also from the charts....
The US dollar continues its impressive rally, marking three consecutive weeks of gains. This sustained strength is fueled by robust US economic data, persistent inflation, and a hawkish Federal Reserve. The dollar's rally reflects a significant shift in market sentiment. Initially triggered by escalating geopolitical tensions, the dollar's strength has been...
The US dollar's impressive comeback persists, building on its recent strength and solidifying its position in the forex market. This surge is driven by a combination of factors, including robust economic data, persistent inflation, and safe-haven demand amid geopolitical uncertainties. This fundamental analysis examines the factors fueling the dollar's sustained...
The US dollar has made a remarkable comeback, shaking off recent weakness and surging higher. This resurgence is driven by stronger-than-expected economic data and safe-haven demand amid geopolitical tensions. This fundamental analysis examines the factors fueling the dollar's renewed strength and explores potential trading opportunities, focusing on the upcoming...
The US dollar, once a symbol of unwavering strength, is showing signs of fallibility. After three consecutive months of decline, the greenback is facing a confluence of headwinds that threaten to push it further down. This fundamental analysis delves into the key drivers behind the dollar's weakness and explores potential trading opportunities in the forex...
ECB Rate Decision: Second Cut on the Horizon The European Central Bank (ECB) is widely anticipated to trim borrowing costs by another 25 basis points (bps) in its upcoming meeting at 1:15 pm London Time (in about 30 minutes). This would mark the second rate cut this year, following a similar move in June and a pause in July, bringing the deposit facility rate...
Labor Data Drove USD Rollercoaster The USD experienced a volatile week driven by conflicting labor market signals. An unexpected drop in job openings initially weighed on the USD, fueling expectations of a more dovish Fed. While the NFP report showed softer-than-forecast job growth, the surprise decline in the unemployment rate to 4.2% triggered a sharp USD...
E8 Traders, gear up for our weekly FX fundamentals deep dive. We'll break down last week's market-moving events and data, plus analyze what's ahead. Discover how these developments could impact your trading strategies and potentially trigger major momentum shifts. Last Week’s Highlight Undoubtedly, the most significant event of the previous week was the...
The US Dollar's bearish slide continues, fueling anticipation of the EUR/USD potentially reaching 1.2000 this week, following its recent break above 1.1000. The Fed's Shifting Stance While the dollar previously held its ground due to expectations of prolonged high rates, the situation has flipped. Inflation concerns have eased, and Fed officials, including...