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December 18, 2024

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DXY

It’s Federal Reserve Day. If you follow the stock markets and finance regularly, I don’t think I need to tell you what is expected. The market and analysts expect…
Yesterday saw a pair of stock market moving data dumps. First off, we had the CPI which told us that inflation is still coming in hot. Used car prices,…
Today is a BIG day for US Stock Markets. A major support level is being tested, and depending on the close today, a trend reversal could be in the…
The US Dollar (DXY) is making moves. I have covered the weekly chart of the Dollar sometime ago, but it is now time to take another look. The US…
Precious Metals are getting SLAMMED. If you are someone who follows, or invests in precious metals, you have probably seen this many times. Whenever Gold and Silver bulls get…
The Canadian Dollar, or the Loonie as we call it, has nearly given back all its gains for 2021 year to date, after a stellar move. This is occurring…
It is a week with a lot of central bank events. Yesterday, we had the Reserve Bank of New Zealand (RBNZ) tilt more hawkish. Markets are now expecting the…
The drama in the markets for the past few months have been Shakespearean: To Taper or Not to Taper, that is the question. When does the Fed start raising…
I am a contrarian. Many successful investors and traders tend to be. Following the crowd isn’t the best financial advice. Recently my contrarian spidey senses have been going off….
Today’s Market Moment will focus on the chart of the DXY, or the US Dollar. US Stock Markets and Bond Markets are closed today in lieu of Memorial Day,…