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USD/JPY Forecast: Fed Focus Limits Free Movement
Monday, December 17, 2018 - 1:55pmRead More...USD/JPY is trading in a narrow range as the last full week of the year commences. Tension towards the all-important Fed decision limits movements. The technical picture is decidedly mixed for the pair. USD/JPY is trading just below 113.50, not going anywhere fast. The light calendar on Monday no...
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New Zealand GDP Preview: Slowdown Expected. Reaction Depends on the Fed as Well
Monday, December 17, 2018 - 1:40pmRead More...New Zealand is expected to report a slowdown in Q3 2018, following Australia. Low expectations provide scope for an upside surprise. The Fed decision, scheduled a bit earlier, will impact the magnitude of the reaction. New Zealand releases its Gross Domestic Report for the third quarter of...
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AUD/USD Forecast: Aussie Set to Benefit From Prospects of the Labor Market
Monday, December 17, 2018 - 1:18pmRead More...The AUD/USD is supported by the upward sloping trendline after last Friday’s selloff. The Australian labor market is expected to report the unemployment rate steady at 5.0% in November. The US Federal Reserve is expected to raise the target range for Fed funds to 2.25%-2.50%, but the monetary...
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Why Futures Traders Keep Their Eyes On The Dollar
Thursday, October 11, 2018 - 11:29amRead More...Among the hundreds of economic, political or climatological factors weighing on a given commodity market, the single most pervasive and broadly influential signal in futures trading is the relative strength or weakness of the U.S. dollar. The reason for this is simple: the dollar is the primary...
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Dollar ETF Keeps Looking To The Fed
Friday, June 16, 2017 - 9:34amRead More...The Federal Reserve raised interest rates earlier this week, marking the second time this year that the U.S. central bank has boosted borrowing costs. That move by the Fed has helped the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP), widely viewed as a dud this year among developed market...
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A Dandy Dollar ETF
Tuesday, January 24, 2017 - 8:38amRead More...The U.S. dollar is one of several assets benefiting in significant fashion from the surprise election of Donald Trump as the 45th U.S. president. The Federal Reserve helped the dollar's cause with a December interest rate hike and with expectations abound that more interest rate increases are...
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After The Rally, Concerns Abound For Small-Cap ETFs
Monday, December 5, 2016 - 3:29pmRead More...Since Election Day, small-cap stocks and exchange-traded funds have been enjoying a blistering pace, but that rally is eliciting concern among some market observers. For example, the iShares Russell 2000 Index (ETF) (NYSE: IWM) is up 13.3 percent over the past month, but there are signs some of the...
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Chinese Yuan (CNY) Hits 6-Year Low Against US Dollar (USD)
Monday, October 24, 2016 - 4:58pmRead More...Monday saw the central parity rate of the Chinese Yuan versus the U.S. Dollar hit a six-year low of 6.769 Renminbi per Dollar, as the U.S. currency strengthened on increased expectations of an interest rate hike. Traders said the Asian currency established around 6.77 after a massive sale of U....
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Drop A Dime On Dollar ETFs
Wednesday, October 12, 2016 - 11:24amRead More...It was not long ago that the PowerShares DB US Dollar Index Bullish Fund (NYSE: UUP) was the king of currency exchange-traded funds. This year, thanks in large part to the Federal Reserve's refusal to raise interest rates, the dollar and UUP have almost been reduced to court jester status. What...
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An Active ETF For A Dollar Rally
Wednesday, July 6, 2016 - 9:28amRead More...Thanks in large part to the recent Brexit decision, the U.S. Dollar Index is higher by more than 2 percent over the past month. Whether that turns into a more lasting rally for the greenback remains to be seen, but investors have options when it comes to playing a dollar rebound via exchange-traded...
