Tag "us dollar"

A Seasonal Second Wind For The U.S. Dollar?

In this article we look at a couple of key potential catalysts that will shape the tactical view on the US Dollar Index (CURRENCY:USD) at a time when the US Dollar bull market is looking very tired. The chart in question appeared in the latest edition of the Weekly Macro Themes…

U.S. Dollar Index Most Oversold Since 2008

Lots of indecision around the Dollar right now.  I’m honestly in the “I don’t know” camp when it comes to the current major trend in the US Dollar Index (CURRENCY:USD). For instance, did the dollar just finish a multi-year A B C upward correction and is it now headed for…

Gold / U.S. Dollar Ratio Racing To A Near-Term Peak?

Two of 2017’s major investing themes thus far are the return of Gold (NYSEARCA:GLD) and the prolonged weakness in the U.S. Dollar (CURRENCY:USD). Year-to-date, Gold is up 15.72% while the U.S. Dollar is down 9.57%.  This follows a multi-year decline in Gold and a multi-year rise in the Dollar. The…

The U.S. Dollar Trade: A Macro To Micro Analysis

Note that this post went out to my “Gone Fishing” newsletter subscribers this past weekend. After hitting a 14-year high at the end of 2016, the US Dollar (CURRENCY:USD) has lost 11% in 2017. Whether a reaction to Trump talking it down post inauguration, US real disinflation, Euro melt-up (which…

U.S. Equities Trading Update: Bulls Defend Support

We’re seeing some minor backing and filling today following Tuesdays’s big rally. The S&P 500 Index (INDEXSP:.INX) is giving back around 1/3 of yesterday’s gains at the time of this writing. European stocks are also trading fractionally lower despite some good economic data. The trend remains lower from early August…

Why The US Dollar Correction Might Be Over

The current setup in the US Dollar index (CURRENCY:USD) is rare in that a clear and logical fundamental and technical case can be made for a rally (or a move to the upside). Could this simply be a correction within an ongoing bull market for the US Dollar? At the…

S&P 500 Trading Update: Short-Term Concerns Mounting

S&P 500 Near-Term Outlook (2-3 Days):  BEARISH I am seeing various signs of the Industrials sector selling off (Transports), while a yield curve downturn is putting pressure on the Financials sector. As well, the Nasdaq (INDEXNASDAQ:.IXIC) and technology look to be stalling out.  These factors (and several concerns listed below)…

Financial Markets Trading Update: 5 Charts To Watch

Traders returned on Wednesday to see fractional gains in across the various global equites markets. Domestically, trends remain very much neutral for the S&P 500 (INDEXSP:.INX). Deteriorating sectors like Technology have not had much effect on the S&P 500 thus far… this likely due in part to Financials breaking out…