Forex Market Overview
Thu, May 25th, 2023
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Dollar Gains on Liquidity Demand as Stocks Slump
Barchart - Wed May 24, 2:50PM CDT
The dollar index (DXY00 ) on Wednesday rose by +0.35% and posted a 2-month high. Hawkish comments Wednesday from Fed Governor Waller were supportive of the dollar when he said he “does not support stopping...
Stocks Fall with U.S. Debt Ceiling Talks at an Impasse
Barchart - Wed May 24, 10:22AM CDT
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.90%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.08%....
Dollar Pushes Higher on Hawkish Fed Comments and Weak Stocks
Barchart - Tue May 23, 2:49PM CDT
The dollar index (DXY00 ) on Tuesday rose by +0.31% and posted a 2-month high. Hawkish comments Tuesday from Minneapolis Fed President Kashkari pushed the 10-year T-note yield up to a 2-1/4 month high...
Stocks Lower on Debt Ceiling and Higher Bond Yields
Barchart - Tue May 23, 10:17AM CDT
What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.30%....
Dollar Little Changed as Debt Ceiling Talks Drag On
Barchart - Mon May 22, 2:45PM CDT
The dollar index (DXY00 ) on Monday was unchanged. The dollar on Monday recovered from overnight losses and was little changed. Short-covering in the dollar emerged Monday morning after St. Louis Fed...
USDCHF Found Sellers After Elliott Wave Double Three Pattern
Elliott Wave Forecast - Mon May 22, 1:19PM CDT
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of USDCHF forex pair published in members area of the website. As our members know USDCHF...
