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Forex Market Overview

Wed, May 8th, 2024
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Dollar Gains on Hawkish Fed Comments and Higher Bond Yields

The dollar index (DXY00 ) on Wednesday rose by +0.13%. Higher T-note yields Wednesday supported modest gains in the dollar. Also, hawkish comments from Boston Fed President Collins were bullish for the...

DXY00 : 105.547s (unch)
^EURUSD : 1.07432 (-0.05%)
^USDJPY : 155.358 (-0.11%)
GCM24 : 2,314.9 (-0.32%)
SIN24 : 27.530 (-0.26%)
Dollar Rises with Bond Yields

The dollar index (DXY00 ) this morning is up by +0.10% on support from higher T-note yields. Today’s stock weakness is also boosting some liquidity demand for the dollar. The dollar fell back from...

DXY00 : 105.547s (unch)
^EURUSD : 1.07432 (-0.05%)
^USDJPY : 155.358 (-0.11%)
GCM24 : 2,314.9 (-0.32%)
SIN24 : 27.530 (-0.26%)
Dollar Climbs on Hawkish Fed Comments and a Weak Yen

The dollar index (DXY00 ) Tuesday rose by +0.31%. Hawkish comments Tuesday from Minneapolis Fed President Kashkari supported the dollar when he said it's likely the Fed will keep interest rates where...

DXY00 : 105.547s (unch)
^EURUSD : 1.07432 (-0.05%)
^USDJPY : 155.358 (-0.11%)
GCM24 : 2,314.9 (-0.32%)
SIN24 : 27.530 (-0.26%)
Dollar Climbs on Hawkish Fed Comments

The dollar index (DXY00 ) this morning is up by +0.06%. Hawkish comments from Minneapolis Fed President Kashkari supported the dollar when he said he questions if Fed policy is restrictive enough given...

DXY00 : 105.547s (unch)
^EURUSD : 1.07432 (-0.05%)
^USDJPY : 155.358 (-0.11%)
GCM24 : 2,314.9 (-0.32%)
SIN24 : 27.530 (-0.26%)
Five Things To Watch in Grain Markets in 2024

Find out what experts are watching for in the grain markets in the coming year with this article.

EURGBP Perfectly Reacting Lower From Blue Box Area

In this technical blog, we are going to take a look at the past performance of (EURGBP) 4-Hour Elliott wave Charts that we presented to our members. In which, the decline to 2/14/2024 low took place as...

^EURGBP : 0.86028 (+0.03%)

Forex Market Map

USD/CAD
+0.08%
EUR/GBP
+0.03%
USD/CHF
+0.01%
EUR/USD
-0.04%
GBP/USD
-0.06%
AUD/USD
-0.07%
USD/JPY
-0.10%

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Goldman Sachs raises Nvidia $NVDA price target to $1,100 https://t.co/9JC1ALNWvd
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U.S. House overturns unfavorable SEC accounting policy that prevented highly regulated financial firms from holding Bitcoin $BTC and Crypto https://t.co/3oQQMMs4Wz
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Will Paypal $PYPL trade down and test the 200D moving average again? https://t.co/42p3jY5WIB
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Arm Holdings $ARM getting punished in after-hours trading as well. Market not liking these earnings reports! https://t.co/Vo3URcHNkj
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54% of Americans who use Buy Now, Pay Later say they are spending more than they can afford, while 24% admit that their spending is out of control! https://t.co/ET9gXfRv80
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Shopify $SHOP suffers largest decline in the stock's history https://t.co/mRu2h32e5n
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Our latest short video, "Understanding Equity Put/Call Ratios," is now available on our YouTube Channel. Huge thanks to Gavin from @OptiontradinIQ for creating this video on our behalf! Link: https://t.co/RJGnDQSIIj https://t.co/l579lOqQfv
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Airbnb $ABNB getting hammered in after-hours trading after beating on EPS, revenues, and guiding in-line 🤔 https://t.co/njsWd7XSiY

Forex Long Term Trends

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