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Market Watch

Fri February 9, 2024
Today the USD/JPY reached its highest level since Nov 27th and is +5.61% since the beginning of the year. Last year’s record high of [...]
Thu February 8, 2024
Dollar bulls are back in control today following the previous two days of dollar declines. U.S. Dollar Index support at 104.00 was lightly tested [...]
Wed February 7, 2024
The dollar index is -0.17% today and -0.41% over two days, consolidating following Fri-Mon gain of 1.42%. Resistance at 104.50 is the hurdle for [...]
Mon February 5, 2024
Federal Reserve Chairman Jerome Powell laid out the Fed’s new focus during a 60 Minutes interview (filmed on Thursday, a day after the Fed’s [...]
Fri February 2, 2024
U.S. Nonfarm Payrolls for January were +353k, almost double the +185k estimate and the highest level in over a year. December’s NFP were revised [...]
Thu February 1, 2024
Yesterday the FOMC left the federal funds target rate unchanged at 5-1/4 to 5-1/2. Key changes were made to the text of the policy [...]
Tue January 30, 2024
The U.S. Dollar Index has fallen back to 103.50, the midpoint of its pre-FOMC range after testing 103.82 yesterday. Support at 103.25 and resistance [...]
Mon January 29, 2024
U.S. Treasury yields turned lower overnight, dragging the benchmark 10-year yield 4.091%, the low end of the range since mid-January. The FOMC starts its [...]
Fri January 26, 2024
The dollar index continues to trade within its 2-week range with support at 103.00 and resistance at 103.75. At 103.24 the dollar is -0.32% [...]