Instrument NameMexican PesoInstrument Symbol(M6Z22)

Instrument ExchangeCME

The dollar index (DXY00 ) on Friday rose by +0.07%. The dollar Friday posted modest gains, supported by higher T-note yields. Also, Friday’s U.S. reports showed the University of Michigan Jan consumer sentiment climbed to a 9-month high, and Dec pending home sales unexpectedly increased, which were bullish for the...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. U.S. stock index futures this morning recovered from early...

From an Elliott wave perspective, we see EURUSD wedge that can be the opposite signal so we are aware of a turn south, but ideal timing for a break can be next week with some CB policy announcements.