Dollar Gains on Strong U.S. Economic News Barchart - Fri Dec 8, 2:39PM CST
Barchart
Fri Dec 8, 2:39PM CST
The dollar index (DXY00 ) on Friday rose by +0.45% and posted a 3-week high. The dollar moved higher Friday after stronger-than-expected U.S. economic reports on Nov payrolls and Dec consumer sentiment dampened speculation the Fed would begin cutting rates as soon as Q1. The dollar fell back from its...
How Close Is the BOJ to Ending Negative Interest Rates? Barchart - Fri Dec 8, 10:31AM CST
Barchart
Fri Dec 8, 10:31AM CST
The Japanese yen (^USDJPY ) on Thursday soared to a 4-month high against the dollar after comments from Bank of Japan (BOJ) Governor Ueda and comments Wednesday from one of his deputies bolstered speculation the BOJ was close to ending its negative interest rate policy. Market attention will now focus...
Stocks Rally as Soft-Landing Prospects Improve Barchart - Fri Dec 8, 10:14AM CST
Barchart
Fri Dec 8, 10:14AM CST
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.22%. Stocks this morning are moderately higher, with the S&P...
Elliott Waves Video Ahead Of NFP Wavetraders - Fri Dec 8, 6:42AM CST
Wavetraders
Fri Dec 8, 6:42AM CST
It will depend on actual US jobs data and revisions, but on yeilds weakness watch for kiwi strenght, but on yields strength watch euro weakness. Even if US yields will get some relief rally, I think this will bring commodity currencies to even better levels.
Dollar Slides as the Yen Soars on Possible BOJ Policy Shift Barchart - Thu Dec 7, 2:40PM CST
Barchart
Thu Dec 7, 2:40PM CST
The dollar index (DXY00 ) on Thursday fell by -0.58%. Thursday’s main bearish factor for the dollar was a sharp rally in the yen to a 4-month high on speculation that the BOJ might soon exit its ultra-easy monetary policy. Thursday’s rally in stocks also curbed the liquidity demand for...