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What's Driving The Dollar Selloff?

Dollar Heading DownThe US Dollar continues to turn lower today as traders digest recent developments. The FOMC minutes yesterday showed that Fed members remain in favour of continued easing, albeit at...

Dissecting the Markets: USD Searches for Solid Support as Traders Lock in Gains Ahead of Thanksgiving

The US Dollar edged lower against most major currencies today, with the DXY index slipping towards the 106 threshold. Market participants are digesting signals from the Federal Reserve, particularly...

Dissecting the Markets: EURUSD's 1.05 Support Weakens on Fresh Tariff Threats

The US Dollar has reasserted its dominance on Tuesday, propelled by heightened geopolitical anxieties. President-elect Donald Trump's recent declaration to escalate tariffs against Mexico,...

Dissecting the Markets: EUR/USD Climbs Above 1.0500 on Broad-Based USD Retreat

The Euro extended its recovery against the US Dollar on Monday, breaking above the critical 1.05 support level. This movement comes as the greenback faces broad-based sell-off, with the US Dollar...

Dollar Hits Two-Year High as Eurozone and UK Economies Show Signs of Strain

The greenback has surged to a fresh two-year peak today in an extremely volatile move, with the DXY Dollar Index testing the 108.00 level. This surge comes on the heels of disappointing soft data...

Dollar in December: Key Factors and Outlook

The dollar index has resumed its upward trajectory after just a three-day "breather" and a shallow correction from 107 to 106. However, the parabolic rise since early October (over 6%) to...

Geopolitical Tensions Drive Investors to Safe Havens; USD Gains

Fresh round of geopolitical tensions has investors flocking to safe havens on Tuesday. Russian President Vladimir Putin's recent decree authorizing the use of nuclear weapons against non-nuclear...

#DXY, #EURUSD & #GBPUSD Structural & Seasonal Trade Setups

#DXY, #EURUSD & #GBPUSD Structural & Seasonal Trade SetupsIn this update we review the recent price action in the Dollar Index, EURUSD & GBPUSD and identify the next high probability...

EUR/USD Drops to Critical 1.0500 Support Level; Technical Rebound Likely

The US Dollar continues to exhibit significant strength against major peers, reaching levels not seen since early November 2023. The election of Donald Trump, along with the Republican Party securing...