Dollar index

USDInd slips ahead of critical US inflation data

Wed, 15 Jan 2025 10:44:40 +0000

USDInd slips ahead of critical US inflation data Lukman.Otunuga… Wed, 01/15/2025 - 12:44

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It’s been a rough week for the dollar thus far due to uncertainty around Trump's tariff plans. The incoming US CPI report may shape expectations around Fed rate cuts, influencing the USD as a result.

US Elections: How might markets react to Harris or Trump win?

Mon, 04 Nov 2024 08:12:46 +0000

US Elections: How might markets react to Harris or Trump win? han.tan@FXTM CY CA Mon, 11/04/2024 - 10:12

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When will the US election results be known? What should traders/investors look out for? Which assets could rise/fall if either Trump or Harris wins? What other potential scenarios are markets bracing for? All you need to know, here.

All targets reached: Gold, USDInd, US500

Mon, 09 Sep 2024 10:59:05 +0000

All targets reached: Gold, USDInd, US500 han.tan@FXTM CY CA Mon, 09/09/2024 - 13:59

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Check out the forecasts from our September 6th NFP webinar, and how they've panned out since last Friday’s US jobs report threw up mixed data that gave something for everyone, bulls and bears alike.

Week Ahead: US jobs report to spark market frenzy again?

Fri, 30 Aug 2024 06:04:12 +0000

Week Ahead: US jobs report to spark market frenzy again? han.tan@FXTM CY CA Fri, 08/30/2024 - 09:04

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Recall how the previous US nonfarm payrolls release on August 2nd sparked market turmoil? With that wild episode still fresh on our minds, this Friday’s (September 6th) NFP numbers could once again present outsized trading opportunities across the likes of Gold, the US500 index, and the US dollar.

USDInd slips below weekly support

Tue, 28 Nov 2023 09:48:26 +0000

USD Index busy with a D1 downtrend

Broken weekly support may turn to resistance level

H4 bearish scenario triggered if 103.060 price level breached

Fed/Treasury announcements may trigger USDInd breakout

Wed, 01 Nov 2023 08:27:29 +0000

Fed/Treasury announcements today may spike FX volatility
USInd has climbed 3 months in a row
Bullish momentum stalling as traders await new catalyst for breakout
Dollar bulls will look to extend uptrend by 265 points
Dollar bears hoping for potential 120 point move south
Read More

Technical Outlook: FX & Commodity Mashup

Tue, 04 Jul 2023 09:52:17 +0000

EURUSD remains a choppy affair
GBPUSD waits for fresh spark
Time for USDJPY to push higher?
USDCAD in breakout mode
Gold approaches resistance

The market mood was mixed on Tuesday as investors turned cautious ahead of another Read More

Why is the US dollar stronger today?

Wed, 31 May 2023 10:32:44 +0000

The USD Index has punched its way to a fresh two-month high, and is on course for its largest monthly gain (2.8%) since September 2022.

NOTE: The USD Index tracks how the US dollar is performing against a basket of six Read More

Mid-Week Technical Outlook: Breakouts

Wed, 10 May 2023 10:02:03 +0000

Today’s big event and potential market shaker will be the latest US inflation data which could offer fresh insight into the Federal Reserve’s next move.

As the countdown to the April CPI report enters its final hours, here are a selection of technical setups to keep an eye on.

Dollar Index trapped within range

After swinging Read More

Caution Prevails Ahead Of Big Tech Earnings

Tue, 25 Apr 2023 06:43:56 +0000

Most Asian equities flashed red on Tuesday, pressured by losses in Chinese shares as investors evaluated China’s re-opening story in the face of negative economic and geopolitical forces. European futures are pointing to a mixed open with market players guarded ahead of another event-heavy week for financial markets. Some of the largest companies in the world including the four Big Tech titans (Microsoft, Alphabet, Meta and Amazon) will be reporting their results this week. If the corporate earnings paint an overall encouraging picture, this could boost Read More