by John Caruso The U.S. dollar has been on the rise as continued debt troubles in the Eurozone and geopolitical tensions surrounding North Korea have caused investors to move to safe-havens. The U.S. Dollar index futures contract, which represents the dollar’s standing against a basket of six global currencies, rose 5.2 in November and is [...]
by Mario Maselli I’ve been looking for a counter rally in the U.S. dollar for some time, and lo and behold, we got it in the past week. The dollar rose to a seven-week high against the euro on Tuesday, November 16 amid renewed Eurozone crisis concerns. I’m not sure it’s time to short the [...]
by Drew Shaw and Kyle McEwan The euro has been gaining ground on the U.S. dollar amid speculation that the Federal Reserve may announce new quantitative easing measures. The dollar declined to $1.3639 per euro, the weakest level since April 15, 2010. If you are long the euro, you might want to let your position [...]
by Gord Weisemann The past week has been a risk-on, risk-off, back-and-forth environment. Technically the pro-risk side traders are gaining a little of the upper hand as equity markets have pressed above some trendline resistance. As I write this, the European bank stress test results are being released and the initial outcome looks as though [...]
by Drew Shaw This month the Canadian dollar broke parity with the U.S. dollar, an exciting development. Will these gains continue for the Canadian dollar? I think so, but commodities are key to the equation, as are interest rates.
by Drew Shaw On February 18, the U.S. Federal Reserve announced it would increase the discount rate by 25 basis points, to 0.75 percent. That has left market participants wondering if a hike in the Federal Funds rate is coming next—and what the implications will be for the economy and the markets. To understand the [...]
by Greg Perlin The U.S. dollar has been in a bearish trend for quite some time against the euro, but the charts are telling me this may be changing.
Futures Forecast for November: Gold Still Shines as Dollar Drives Commodities by Jeff Friedman In October, the U.S. dollar was the driving force for commodities, and the weak dollar brought strength in the gold market in particular. I see the dollar remaining the dominating theme in November for commodities, but stock indexes may struggle a [...]
U.S. Dollar Weakness: Get Used to it by Drew Shaw For the foreseeable future, I think the U.S. dollar will remain weak. That being the case, as an investor, there are some interesting currency strategies you can pursue. Canada and Australia are economies driven by natural resources, and should see their currencies strengthen as the [...]
U.S. Dollar Takes Centerstage, by Mike Hinman In just about every market, there has been a unique theme presenting itself during the last few months: the U.S. dollar has taken the global center stage. If you want to survive these trying times, I think you have to keep your eye on the dollar. Why? You [...]
