The gemini twins of market sentiment
It was generally assumed that last Friday’s Non Farm Payroll release would mark the beginning of the end of the FED’s bond buying program, as […]
forex blog
Euro dollar continues to defy the euro bears!!
As regular readers will know, I along with many other market commentators was expecting last week to be a pivotal one, given the interest rate […]
US dollar index remains weak after lacklustre NFP data
Last week’s trading in the US dollar could best be described as ‘after the Lord Mayor’s show’! As traders, investors or speculators, we had all […]
USD index waiting for NFP trigger!
Ahead of today’s first non farm payroll numbers of the last quarter it’s ironic to think that a forecast of 178k is supposed to […]
JPY index reflects market mood
A day for pausing and reflection on the Yen index following Gov Kuroda’s comments earlier this week, and ahead of today’s non farm payroll data. […]
USD/JPY struggling to break above 100
Following an extended period of sideways price action in the 96 to 98.50 region, which lasted throughout much of August, the usdjpy has finally found […]
US dollar index chart analysis
As one month ends, so another starts, and in particular it’s the traditional Labor Day celebration tomorrow in the US which marks the end of […]
The VIX is low – is it time to go?
With the long summer days now coming to an end, it’s time to re-visit that perennial gauge of market risk, the VIX for a view […]
Euro dollar surges higher, but watch the US dollar
An interesting day for the euro dollar which has seen the pair soar from a low of 1.3204 to trade, at time of writing, at […]
The yen index – barometer of risk
As mentioned in the previous post, the Yen index can give us an excellent perspective of market sentiment, given the Yen’s unique position within the […]
Where next for the US dollar?
Trading during these summer days can be tricky, not least because of relatively thin volumes and a general lack of participation. Therefore, it can be […]
NZD/USD gives us some technical and fundamental lessons
The daily chart for the NZDUSD has thrown up some interesting lessons for forex traders in the past few days, and well worth some analysis. […]
Yen index delicately poised, just like the USD index
Just like the US dollar index, the yen index too, is in a delicate phase of price action on the daily chart. Following the extended […]
Dollar index remains bearish, but for how much longer?
Some interesting price behaviour now building on the daily charts for the US dollar index and the Yen index, ahead of next month, as the […]
Euro dollar in bullish mood!
As with cable, so for the eurodollar, which has also benefited from the recent volatility in the US dollar and once again caused the euro […]
Cable bulls rejoice as dollar weakness drives pound
An interesting technical picture for cable on the daily chart which has seen the pair surge higher in early trading today, and currently testing (at […]
Dollar index now waits for QE tapering
On a very quiet day for fundamental news I thought I would focus on the US in the light of the recent comments by Ben […]
Dollar index now testing the 11,000 level
Complementing the Yen index is of course the US dollar index, and whilst the daily timeframe is the usual chart of analysis, I have moved […]