The US Dollar Index (DXY) appeared to be on a one-way course as it continued to aggressively fall through most of 2017 and the start of 2018. However, on January 25, after tapping 88.43, we have seen a bounce that has aligned with the global risk-off move. Now, the DXY is looking to rise for the …
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The US Dollar eased away from the recently struck 3-year trough after rising yields on US Treasury instruments encouraged some buyback of the Dollar. Nonetheless, market players remain wary of the greenback's outlook. One FX strategist in London believes that the Dollar's bounce is not likely to be …
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As the North American traders enter for the day, the CHF is the strongest currency, while the CAD is the weakest. … What we are also seeing is the averages for the last 22 trading days (red line in the chart below) are getting higher in the new trading year. That is good for trading the forex market.
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