This article was written exclusively for Investing.com Right now everyone is talking about rising US bond yields and how this might impact , the and markets. Not many people are talking about the , which takes the dollar, stocks and yields out of the equation. Yet this forgotten currency pair looks the most constructive, after

USD Sells Off Despite Stronger PMIs GBP Breaks 1.40 On Stronger PMIs AUD Shrugs Off Weaker Retail Sales NZD, AUD Hit Highest Levels Since March 2018 EUR Rally Supported By Rise In PMI CAD Unfazed By Weaker Retail Sales There were some big moves in currencies on Friday, which was no surprise given the busy

This article was written exclusively for Investing.com Today’s and manufacturing PMIs surprised to the upside and both the and rallied, with the cable hitting that $1.40 hurdle I have been forecasting for a while and climbing to my 1.25 long-term target. My focus is now turning to the euro, which could be about to break

Exactly two weeks ago, we suggested the dollar had bottomed. The USD fell for the subsequent four days. But today it looks like the decline didn’t weaken our bullish call on the global reserve currency. In fact, it may have strengthened it. The fundamental trigger for the greenback’s rise is the expectation that unprecedented monetary

·      Currencies Reverse Despite New Highs For Stocks ·      USD Rallies On Stronger Empire State Survey But Retail Sales A Risk ·      EURO Gives Up Gains Despite Stronger ZEW ·      AUD Lower On Dovish RBA Minutes ·      GBP Traders Look Ahead To Stronger CPI ·      CAD Sells Off Despite Prospect Of Stronger

This article was written exclusively for Investing.com The has been quietly creeping higher in recent weeks. It now may be on the cusp of making a significant jump, based on an analysis of the technical chart. This comes as the begins to show signs of significantly breaking down.  The tailwind for the dollar comes as

This article was written exclusively for Investing.com This week’s mostly stronger US macro data has raised expectations that the report could beat expectations today. As we will also have the report released at the same time as the US nonfarm payrolls, the is an interesting FX pair to watch as it could set the scene

The rose on Wednesday for the fourth day in five, hitting a more than two-month high. The global reserve currency is rising as part of a “reflation trade.” Reflation occurs when fiscal and monetary polices are put in place to increase economic output and remove uncertainty following a recession. Which perfectly describes the current situation.

Investors bought U.S. dollars against all of the major currencies on Tuesday. With stocks extending their recovery and ticking up, we saw broad-based demand for U.S. assets. No U.S. economic reports were released, but the unwinding of GameStop Corp (NYSE:) like short bets by international funds could be one of the reasons for recent U.S. dollar

Except for corrective rallies, we have been consistently bearish on the for about half a year. However, since Sunday we’ve been wondering whether the dollar is consolidating, and possibly reaching a bottom. There’s a bearish and bullish fundamental case to be made. From a bearish perspective, recent, ongoing efforts by both the Fed and US