Forex Market Overview
Tue, May 14th, 2024
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Dollar Falls on Euro Strength and Dovish Comments from Fed Chair Powell
Barchart - 1 hour ago
The dollar index (DXY00 ) on Tuesday fell by -0.20% and posted a 1-week low. The dollar retreated Tuesday due to strength in the euro. The dollar extended its losses Tuesday morning after Fed Chair Powell...
Dollar Slips and Gold Gains on Dovish Comments from Fed Chair Powell
Barchart - Tue May 14, 9:44AM CDT
The dollar index (DXY00 ) this morning is down -0.14% at a 1-week low. The dollar today is mildly lower, weighed down by the strength of the euro. The dollar extended its losses after Fed Chair Powell...
Dollar Falls Slightly on Lower Bond Yields
Barchart - Mon May 13, 2:46PM CDT
The dollar index (DXY00 ) on Monday fell by -0.06%. The dollar was under pressure Monday from lower T-note yields, which weakened the dollar’s interest rate differentials. The dollar was also undercut...
Dollar Slips on Lower Bond Yields and Strength in Stocks
Barchart - Mon May 13, 9:35AM CDT
The dollar index (DXY00 ) this morning is down by -0.17%. The dollar is under pressure today from lower T-note yields and strength in stocks, which reduces liquidity demand for the dollar. The dollar...
Dollar Sees Support from Hawkish Fed Comments
Barchart - Fri May 10, 2:48PM CDT
The dollar index (DXY00 ) Friday rose slightly by +0.07%. The dollar saw support from hawkish Fed comments and negative inflation news, which sparked a +4.9 bp rise in the 10-year T-note yield to 4.502%...
EURUSD Elliott Wave: Forecasting the Rally from Equal Legs Area
Elliott Wave Forecast - Fri May 10, 10:49AM CDT
Greetings fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of (EURUSD) , published in members area of the website. As our members know, EURUSD has...
