Instrument NameBritish PoundInstrument Symbol(B6M23)

Instrument ExchangeCME

The dollar index (DXY00 ) on Friday recovered from a 2-1/2 week low and finished higher by +0.20%. Higher T-note yields Friday supported moderate gains in the dollar. Also, weakness in the yen was bullish for the dollar after a Bloomberg report said BOJ officials still see the need to...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.21%. U.S. stocks this morning are moderately higher, with the...

The United States dollar is the world's most dominant reserve currency, accounting for over 60% of all foreign exchange reserves held by central banks around the globe. The King of currencies has a seasonal buy that may advance it to higher levels.