Month: July 2020

Is that the dollar higher? The pattern of late has been lower dollar/higher stocks.  The dollar continues its move to the upside today, its Friday, its month end. The earnings fears are gone mostly at least for most of the high flyers. The coronavirus bill is an impasse.  So why not go the other way in
Daily thread to exchange ideas and to share your thoughts The dollar is weaker across the board, extending losses from yesterday as we see EUR/USD move closer towards 1.1900 while USD/JPY is keeping a firm break under 105.00. The greenback is largely struggling for reprieve as Treasury yields are sinking further as well, crushing real yields in
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Climbs above topside trend line The GBPUSD is trading to a new session high and in the process took the price above a topside trend line at 1.30608.  That channel trend line was broken earlier in the day, but failed on the break after reaching 1.30716.  This is the 2nd look.   The trend higher continues
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