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Symbol | Exchange | Currency | ||
---|---|---|---|---|
DX | Derived | USD | Real-time | |
DXc1 | ICE | USD | Delayed | |
DXc2 | ICE | USD | Delayed | |
DXc3 | ICE | USD | Delayed |
The EUR/USD remains under pressure, grappling with a mix of weak Eurozone economic data, China’s economic slowdown, and persistent US dollar strength. Mid-day trading in London saw the currency pair...
Sentiment remains fragile in China and the Hong Kong stock market even though China services activities improved in December. Weak market breadth and a persistent bearish trend of the Chinese yuan...
Trump’s rhetoric overshadows US economic developments. US stocks could suffer from strong US data and hawkish Fed minutes. Weak risk sentiment supports gold as bitcoin drops. Trump Rhetoric Creates...
The US dollar is receiving some fresh support from data, particularly from the spike in the ISM services prices paid sub-index in December. Should we see a re-focus of the Fed on inflation concerns,...
Oil prices moved higher yesterday with sentiment remaining supportive. Meanwhile, China’s central bank added to its gold reserves for a second month in December Energy – More Obstacles for Iranian...
Incoming US President Donald Trump has pledged tariffs of as much as 10% on global imports and 60% on Chinese goods, plus a 25% import surge on Canadian and Mexican Products would upend trade flows,...
We get the impression that some major sentiment extremes are close. In particular, we appear to be at/near peak optimism about the US stock market and the US dollar, peak pessimism about the US...
Federal Reserve board member Lisa Cook discussed the year ahead at a conference this week. Cook discussed monetary policy and stock market valuations, among other topics. She also opined on...
Strong ISM and JOLTS surveys in the morning were followed by a mediocre bond auction this afternoon. The auction showed below-average demand for US Treasuries, potentially signaling fear about the...
We did it, folks; we shorted the US Dollar Index right at its top – congratulations. As the situation in the USD Index is playing out as I described it previously, I’m quoting the relevant parts of...
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