Category Archives: United States Dollar
Stocks shrugged but bonds and the dollar did not… as gold spiked The dollar is reversing recent gains quickly… The long-end is legging lower in yield… So bond yields lower, dollar lower, and gold higher… not exactly what The Fed would likely have wanted!
Authored by Mike Shedlock via www.themaven.net/mishtalk, Let's investigate what happened after the last 3 major tax reforms. Another "reform" is on deck. I picked up this idea from Holger Zschaepitz, @Schuldensuehner, who made the following Tweet, posting a chart from Bloomberg. Proposed US tax overhaul, 3rd major change to US tax code over past 40yrs, […]
The US Dollar has been relentlessly sold against FX peers since January 3rd, 2017 …. shedding pips-a-plenty versus EUR, GBP, JPY, CHF, CAD, AUD, NZD … Uncle Buck has been pummeled .. until now. Following a series of explicit failed new highs in early-mid March … the USD weekly chart shows just one bounce attempt […]
Authored by Kevin Muir via The Macro Tourist blog, In July I wrote a piece titled, “Is the real US Dollar Pain Trade Lower?”. At the time the US dollar was sucking wind, but many traders were still playing for a bounce. The prevailing wisdom was that the Fed’s tighter monetary policy, combined with Trump’s […]