The US Dollar Index receives downward pressure from optimism in bond market. 2-year and 10-year bond yields depreciate to 4.21% and 4.23%, respectively. US data indicated a resilient economy, suggesting that the Fed may adopt caution in 2025. The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six other…
GBP/USD kicks off the new week on a positive note and snaps a three-day losing streak. Retreating US bond yields prompts some USD profit-taking and lends support to the pair. Reduced bets for a December BoE rate cut underpin the GBP and further act as a tailwind. The GBP/USD pair opens with a bullish gap…
Markets With few data in Europe or the US, markets continued to be haunted by headlines on the war in Ukraine, even as the impact wasn’t unequivocal across markets. Ukraine reporting that Russia used an Intercontinental Ballistic missile for the first time only added to fears on a further escalation. European equites and yields nosedived….
The Dollar Index is retreating from Thursday’s highs, moving against the logic of fundamental forces. This behaviour begs the question: either the Dollar Index has reached the limits of its range, or this is an extended shake-out of positions after a prolonged rally. The DXY rallied to 106.99 last Thursday, almost repeating the October 2023…
The Japanese Yen fails to capitalize on its modest intraday gains amid BoJ rate hike uncertainty. Reduced bets for aggressive Fed rate cuts revive the USD demand and lend support to USD/JPY. Intervention fears and geopolitical risks could help limit any further losses for the safe-haven JPY. The Japanese Yen (JPY) surrenders a major part…
How to use the strategy on the “CyberBot Project” products topic#1: Pivot Points Method, Support and Resistance Strategy with Buy Limit and Sell Limit Orders The “CyberBot Project” product represents one of the most advanced offerings available for future trading endeavors. With its “out of the box” capabilities, this product not only functions as an…
EUR/USD faces pressure due to a strong US Dollar and concerns about the ECB’s policy direction. The US election and potential trade war concerns are weighing on the Euro. The interest rate differential between the Fed and ECB is a key factor to watch. The US Dollar bulls continue to hold firm at the start…
Dollar regained its dominance in the currency markets last week, surging ahead despite US Treasury yields struggling to break through resistance levels. Investors continued to adjust their expectations for Fed’s monetary policy, increasingly anticipating a slower pace of interest rate cuts with fewer adjustments in the coming year. This shift in sentiment was also reflected…
Dallas Fed President Lorie Logan emphasized today that while additional rate cuts will likely be necessary, “it’s difficult to be sure how many cuts may be needed and how soon they may need to happen.” Logan also reiterated that the “neutral” rate—the level at which the interest rate neither stimulates nor restricts the economy—may be…
The US yields pushed higher and the dollar rally gained further momentum yesterday, as investors continued to surf on the idea that Donald Trump’s pro-growth policies and tariffs would boost inflation in the US and limit the Federal Reserve’s (Fed) capacity to ease the monetary policy as much as previously anticipated. Yesterday’s data showed an…