Tag: us dollar
3 Times a Charm? U.S. Dollar Facing Breakout Test!
Over the past few decades, the U.S. Dollar has been weakening.
Could this weakness be coming to an end?
Today's long-term "monthly" chart highlights an important...
Gold Nears Inflection Point, As Narrowing Pattern Echos Key Currencies
The price of Gold has been consolidating for several months. And just when you think it's going to breakout, sellers show up.
But Gold hasn't...
What’s Wrong With Gold?
Hit the rewind button back to a year ago. Gold was trading at $1,850/oz, and the iShares TSX Gold ETF was about $19.50. Now,...
Inflation Fears Subside If US Dollar Breaks Out Higher!
Current data suggests that inflation has been in our everyday lives for several months. And today's Producer Price Index data was pretty ugly.
BUT... could...
Why US Dollar Appreciation Threatens Global Economy
The Fed’s liquidity fire hose supported the massive government fiscal response to Covid. Through unprecedented asset purchases, the Fed provided enough liquidity to allow...
US Dollar Index (Elliott Wave): Two Bullish Scenarios
When we last wrote about the U.S. Dollar in January 2021, we were expecting a sizable bounce. The bounce occurred from very near the support area...
US Dollar Rally Nearing Important Inflection Point
The recent US Dollar Index rally is providing a headwind for commodities, while pushing other currencies down.
Should the rally extend further, it may create...
Currency Markets Roiled As US Dollar Strengthens
The currency markets are among the largest in the world. And when the reserve currency U.S. Dollar makes a big move, other assets listen...
U.S. Equities Bullish Pullback Is Setup For New Highs
We got the pullback we were looking for in the major averages last week.
We'll see if last week's lows hold... if not, the pullback...
U.S. Equities Update: Stretched But Bull Market Carries On
The strength of the U.S. Equity market has been on full display for the past 4-5 weeks. It is now recording some overbought signals...
