Technical Analysis

Fundamental Analysis

The US Dollar Bounces on High Hopes

The US Dollar was broadly higher on Monday after the US Senate approved legislation to overhaul the controversial US tax reform code. With the exception of a single vote, all Republican members voted in fa . . . Read More »

Dollar Loses Traction after Jones Win

The US Dollar Index edged away from the recently struck 4-week peak after news that Trump favored Senate candidate Roy Moore lost in his bid for the open seat to Democrat Doug Jones. The seat was a hotly c . . . Read More »

Forex News

Sideways Trading Through End of Year Looks Likely for Euro

Fundamental Forecast for EUR/USD: Neutral – Futures positioning remains a major impediment for the Euro, with net-long positioning at a fresh 2017 high and its highest level since May 2007. – The ECB won’t be raising rates in 2018 but will continue with . . . Read More »