The US Dollar stabilizes into month and quarter end following a flareup in FX volatility amid the coronavirus pandemic. Where might DXY Index, AUD/USD and GBP/USD price action head next?
Blogs
Dow, S&P 500, Nasdaq 100 Finish Q1, Limp into April Trade
March was a month to remember and all signs are pointing to continued challenges in the months ahead. Buckle up.
DAX 30 Price Outlook: Technical Traders Look to Overcome Resistance
The DAX 30 plummeted alongside other equity markets amid the recent stock market crash, with a peak-to-trough move of roughly -40%. Now, a recovery rally is looking to overcome resistance.
Consumer Confidence Dives to 2017 Lows on Covid-19, USD Gyrates
Consumer confidence data shows that Covid-19 is taking its toll on the US consumer's outlook as the index drops to the lowest level since July of 2017Consumer Confidence Sinks to Lowest Level Since…
US Dollar Rises on Month End Flows, Fed Announces Further Liquidity Tools – US Market Open
US Dollar in Demand on Month and Quarter End Flows, Federal Reserve Announces further liquidity measures
Market Sentiment Showing Tentative Signs of Improvement | Webinar
Trader confidence remains poor, with the US Dollar still in demand as a safe haven, but it is less weak than it has been, and risk assets are benefiting.
US Dollar Index, EUR/USD Charts & More
The Dollar is trying to rebound at the moment; wild swings have made everything short-term, but look for that to change as a theme/trend emerges.
EUR/USD Price Breaking Through Technical Support
EUR/USD is trading back below 1.1000 as this week’s sell-off continues. Recently released eurozone inflation data missed expecttions and leaves the ECB with a longer-term headache.
British Pound (GBP) Latest: GBP/USD Easing, FTSE 100 Gaining Ground
The FTSE 100 index of leading London-listed stocks has steadied but downward pressure remains on GBP/USD after Fitch’s downgrade of the UK’s debt rating Friday.
US Dollar May Rise if PMI Data Kindles Demand for Liquidity
The US Dollar may rise from a wave of capital rushing into it if PMI data out of the world’s largest economy unnerves investors and boosts demand for highly liquid assets.