Tag Archives: Dollar Index

QOTD: Crises & Economic Ideas

Posted on July 6, 2020 by macromon

Only a crisis – actual or perceived – produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around.  – Milton Friedman Hat Tip:  Joe Calhoun @JoeCalhoun3 Anyone dare to take … Continue reading →

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Week In Review – June 15

Posted on June 17, 2018 by macromon

Summary Friday’s markets were surprisingly resilient given the escalation of the trade wars Big recovery in Euro periphery sovereign spreads on the back of Italian FinMin’s statement backing the euro currency Angela Merkel is having big problems within her government. … Continue reading →

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Dollar Index Breaks

Posted on August 29, 2017 by macromon

DXY Dollar Index breaks below 91.92 Jun.2016 intraday low… Will be new 31-month low? — Simon Ting (@simonting) August 29, 2017

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Dollar Index Spanked After FOMC – Nears Key Support

Posted on July 26, 2017 by macromon

The Dollar Index was spanked today after what the market percieved as a dovish FOMC statement.    Kind of odd as early inflation indicators starting to pick up. We were expecting a short-term rally as everyone is long the euro/dollar pair, … Continue reading →

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Dollar Index & Mexican Peso Dancing To The Same Tune

Posted on July 23, 2017 by macromon

What tune is that?   The Trump slump. Even though the Euro makes up almost 58 percent of the dollar index,  the dollar is going down  for the very same reasons the Mexican peso is going up.   The poor start … Continue reading →

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How Are Those “Crowded Trades” Doing?

Posted on January 17, 2017 by macromon

We take a look here at what BofA/Merrill Lynch has surveyed as the “most crowded trades” in the market.  Most are taking on water as the crowd is leaning to the same side of the boat. Big losses for Japanese … Continue reading →

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Week in Review

Posted on August 26, 2012 by macromon

(click here if charts are not observable)

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Shorts Send Out Mayday As ISM Surprises

Posted on May 1, 2012 by macromon

Wow! Check out the market reaction to the ISM this morning.  Many were caught off guard and even shorting just minutes before the number expecting a weaker print on the back of the weaker regional PMIs.   We were surprised, but, … Continue reading →

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The Ugly Chart Contest

Posted on January 22, 2012 by macromon

Well not so ugly.  The dollar index is hovering around its short-term trend, but is now below the 20-day sma.  No clear break of trend yet. Crude looks like it is rolling over.  We heard Fareed Zakaria say on his … Continue reading →

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Chart of the Day: Dollar Top or Breakout?

Posted on January 8, 2012 by macromon

Tough to bet on a triple top here.  Looks like 82.60 is the next key level, which is the .618 fib retracement of the June 7, 2010/May 2, 2011 move. (click here if chart is not observable)

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