Commitment of Traders
When the dollar falls, we are told it is logical. The empire is crashing and burning. When the dollar rises, the markets, we are told are manipulated. Well, the dollar is back, and the technical correction ended, near we told you it would.
Deny it. Engage in all kinds of mental gymnastics to dismiss it if you must, but the fact is the US dollar is rising, and not just because of negative developments abroad, but positive economic developments in the US.
A look at the global capital markets as if analysis matters.
Contrary to the death of the dollar chatter, the US currency continues to appreciate. Here's why there is still punch left in the bowl.
No heavy ideological axe to griind or conspiracy theories to propound, just a simple look at the price action in the capital markets.
While the 0.001% of the world dine together and plan their next moves, here are the main events in the week ahead.
Yes the US does not practice laissez faire capitalism. It never did. It manipulates sets intersest rates. The fx market is still understandable and the dollar is moving higher.
There may be one great conspiracy dictating the course of the capital market, but if there is not, what is the near-term outlook for the dollar?
Just one guy's attempt to make sense of what is likely to happen in the coming days.
Overview of the technical outlook for the major currencies, bonds, Treasuries, stocks, CRB and oil.
Outlook of the foreign exchange market in the week ahead, with some observations about equities and bonds.
A look at the price action in the major currencies, US Treasuries and the S&P 500.
Near-term outlook for the dollar, without resorting to inflammatory and unproven claims.
Overview of the price action in the forward exchange market and a look ahead.
Dispassionate overview of the price action in the foreign exchange market in the context of the funamental developments.