US Dollar

The US Dollar finally pulled back from its aggressive Q4 breakout move, and this was fueled by the strongest weekly outing in EUR/USD in two years with last week’s bounce.

USD/JPY bears have gone to work over the past two weeks, holding a lower-high even as USD spiked last Friday. And then forcing a breakdown from the descending triangle formation to test below the 151.95 level.

It’s been a fast-evolving market since the Presidential election three weeks ago. But stocks remain higher, Bitcoin has put in a major move and gold is on its back foot.

The update to the US PCE index is anticipated to show a rise in both the headline and core reading.

Crude Oil, GBPJPY Forecast: The lingering effects of Trump-era policies continue to shape broader market trends. Expectations of war resolutions are pressuring oil prices into a neutral stance, while tariff policies are fueling volatility across the US dollar rally.

USD/CAD held inside of the 1.4000 handle and the prior week high, even as EUR/USD and DXY broke out to multi-year extremes. Next week is big for USD, USD/CAD and EUR/USD themes as move into month-end.

USD/CAD tested above a major level last week of 1.4000, which hadn’t traded in more than four years. So far this week sellers have sunk price back below that level, but can they hold it into week and month-end?

US Dollar surged 6.9% off the yearly low with the Trump rally fueling a breakout of the 2023 consolidation pattern. Battle lines drawn on the weekly technical chart.

It’s been a wild week in the US Dollar and there were some major drivers behind the drive. Next week brings fresh inflation data along with retail sales, and FOMC members are free to opine on rate policy as the blackout window has been lifted.

It was a messy rate cut and the market response will become clearer in the coming days but, at this point the USD retreat from the post-election bounce has continued.

US Dollar surged nearly 5.3% off the yearly low with the Trump election rally failing at major resistance. Battle lines drawn on the weekly technical chart into the Fed.

The Federal Reserve is expected to deliver a 25bp rate cut in November.

Markets are making big moves on the back of Trump’s win and if House results confirm a Republican supermajority, there could be drive for even further highs in stocks and Bitcoin. The US Dollar, however…

The US Dollar is pulling back on election day and the currency is no longer overbought on the daily chart. In this webinar I looked at several election-related setups and in this article I look at a few of those in USD, EUR/USD, USD/JPY and USD/CAD.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities & stocks into US Elections / FOMC rate decision this week.

The US Dollar was very strong in October as rising odds of a Trump win started to get priced-in to markets, but can equities avoid a pullback if longer-term US rates continue to fly-higher?

The US Dollar is working on its first red weekly bar since late-September. While the currency spent most of the past week pulling back, buyers showed a strong reaction to an ugly looking NFP print.