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FX News and Commentary

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Tue, Apr 22nd, 2025
Dollar Recovers on US Trade Deal Optimism

The dollar index (DXY00 ) today is up by +0.32%. The dollar today is rebounding higher from Monday's 3-year low. Short covering emerged in the dollar today on trade deal optimism after US trade negotiators...

DXY00 : 98.496 (+0.22%)
GCM25 : 3,434.4 (+0.27%)
SIK25 : 32.860 (+1.04%)
^USDJPY : 140.813 (-0.04%)
^EURUSD : 1.14801 (-0.29%)
Why is the dollar still under pressure?

Is the dollar's fall due to the currency war, or has Trump opened a rabbit hole that could lead to the collapse of the U.S. economy? And what could drive the U.S. dollar index higher in the coming months?...

Dollar Retreats and Gold Rallies to a Record High on Threats to Fed Independence

The dollar index (DXY00 ) Monday fell by -0.98% and posted a new 3-year low. The dollar sold off Monday on a renewed crisis of confidence in the dollar after National Economic Council Director Hassett...

DXY00 : 98.496 (+0.22%)
GCM25 : 3,434.4 (+0.27%)
SIK25 : 32.860 (+1.04%)
^USDJPY : 140.813 (-0.04%)
^EURUSD : 1.14801 (-0.29%)
Dollar Tumbles and Gold Soars to a Record High on Concern Over Fed Independence

The dollar index (DXY00 ) today is down -0.94% and fell to a new 3-year low. The dollar is selling off today on a renewed crisis of confidence in the dollar after National Economic Council Director Hassett...

DXY00 : 98.496 (+0.22%)
GCM25 : 3,434.4 (+0.27%)
SIK25 : 32.860 (+1.04%)
^USDJPY : 140.813 (-0.04%)
^EURUSD : 1.14801 (-0.29%)
Dollar Slightly Higher on US Trade Deal Hopes

The dollar index (DXY00 ) Thursday finished little changed, up +0.01%. The dollar found support Thursday due to some optimism about US trade talks after President Trump said US negotiators made “big...

DXY00 : 98.496 (+0.22%)
GCM25 : 3,434.4 (+0.27%)
SIK25 : 32.860 (+1.04%)
^USDJPY : 140.813 (-0.04%)
^EURUSD : 1.14801 (-0.29%)
Dollar Gains on US Trade Deal Hopes

The dollar index (DXY00 ) today is up by +0.09%. The dollar is modestly higher today due to some optimism about US trade talks after President Trump said US negotiators made “big progress” with Japanese...

DXY00 : 98.496 (+0.22%)
GCM25 : 3,434.4 (+0.27%)
SIK25 : 32.860 (+1.04%)
^USDJPY : 140.813 (-0.04%)
^EURUSD : 1.14801 (-0.29%)
Tariff Angst Hammers the Dollar and Boosts Gold to a Record High

The dollar index (DXY00 ) Wednesday fell by -0.92%. The dollar was under pressure Wednesday as the tit-for-tat trade war with China erodes confidence in the dollar after the US government barred Nvidia...

DXY00 : 98.496 (+0.22%)
GCM25 : 3,434.4 (+0.27%)
SIK25 : 32.860 (+1.04%)
^USDJPY : 140.813 (-0.04%)
^EURUSD : 1.14801 (-0.29%)
Dollar Falls and Gold Soars to a Record as US-China Trade War Escalates

The dollar index (DXY00 ) today is down by -0.70%. The dollar is under pressure today as the tit-for-tat trade war with China erodes confidence in the dollar after the US government barred Nvidia from...

DXY00 : 98.496 (+0.22%)
GCM25 : 3,434.4 (+0.27%)
SIK25 : 32.860 (+1.04%)
^USDJPY : 140.813 (-0.04%)
^EURUSD : 1.14801 (-0.29%)
US-China Trade Tensions Are Bullish for June Euro Futures. Here Are the Levels to Watch Before You Buy.

Elevated U.S.-China trade tensions are bearish for the U.S. dollar and bullish for the Euro.

E6M25 : 1.15185 (-0.38%)
Dollar Gains on US Economic News and Hawkish Bostic

The dollar index (DXY00 ) Tuesday rose by +0.53%. The dollar Tuesday rose moderately on better-than-expected US economic news on Apr Empire manufacturing survey general business conditions and the Mar...

DXY00 : 98.496 (+0.22%)
GCM25 : 3,434.4 (+0.27%)
SIK25 : 32.860 (+1.04%)
^USDJPY : 140.813 (-0.04%)
^EURUSD : 1.14801 (-0.29%)

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JUST IN 🚨: For the first time in history, Gold hits 3,500 📈 What the heck is going on????? https://t.co/tHtItxXuy3
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JUST IN 🚨: There is now less than a 10% chance that the Federal Reserve will cut interest rates during the May meeting https://t.co/G6HtxSq4zH
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Global Central Banks bought Treasury Bills in February at the fastest pace since the Global Financial Crisis 🚨🚨 https://t.co/YD3ISqkCvM
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Source: Goldman Sachs H/T: @themarketear
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Systematic Traders cut U.S. Equity exposure to the lowest level since the onset of Covid 🚨 https://t.co/zet8YGC6vm
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U.S. Dollar Index $DXY formed its first Death Cross ☠️ last week since August 2024 https://t.co/tKKCNOUfDU
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10-Year Treasury Yield back above 4.4% 🚨 https://t.co/8Mg9jFnnPM
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Gold destroying Silver over the last 6 months https://t.co/S7N8qgg98i
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Our newest short video, "Winning Big with Barchart's Implied Volatility Rank & Percentile," is now available on YouTube! Huge thanks to @HansCashFlow for creating this on our behalf! Link: https://t.co/0vvzrnJPOl https://t.co/qw5r4RueTy
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Crypto Casinos generated more than $80 billion in revenue last year 🤯🤯 https://t.co/k7fIEXUGic

Chart of the Day

Nasdaq QQQ Invesco ETF (QQQ)

Today I’m focusing on the charts and data associated with two popular benchmark ETFs: S&P 500 ETF (IVV) and NASDAQ 100 ETF (QQQ) . IVV has a Trend Seeker “Sell” signal and an 88% “Strong Sell” from Barchart Opinion. QQQ has the same readings and is more than 20% below...
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