The U.S. dollar traded lower against all of the major currencies. The lack of U.S. economic releases meant that the greenback took its cue from yields. After hitting a high of 1.6%, 10-year Treasury yields

The EUR/USD forex market on the daily chart formed a 2nd consecutive big bear bar closing below the Feb. 5 bottom of a 3-month trading range. This is now a confirmed breakout, which makes a measured move

BEARISH: EUR/AUD is currently at 1.5448 in a channel. We have convergence in play for the down move and USDX has finally turned south. If we can break this support, we are looking for a move to the ATR

EUR/USD bottomed exactly at the best support for today at 1.1835/25 as we become oversold. There is likely to be a bounce from in to the end of the week. Initially we target 1.1875/85 then first resistance

The euro had its way with a wobbly US dollar late in 2020 and pushed close to the 1.23 line in late February. However, the euro has been under sustained pressure since then. EUR/USD is barely hanging onto

EUR/NZD traded lower on Tuesday, but stayed within the sideways range that’s been containing most of the price action since Feb. 26, between 1.6535 and 1.6705. Overall, the pair remains below the downside

The dollar index pushed higher again overnight, rising 0.37% to 92.31. Rising US yields, structurally short positioning and a myopic fixation on growth-driven inflation continue to lift the greenback,

Investors have a voracious appetite for U.S. dollars this month as the Dollar Index climbed to its strongest level in four months. Over the weekend, the Senate passed a $1.9-trillion stimulus bill that

Thanks to the rising US bond yields, a number of major FX pairs have recently reversed their trends. The USD/CAD has so far resisted the US dollar’s pressure because of rising oil prices (Canada’s major

Amid the continuing bearish rally in the US bond market, the dollar strengthened again, and futures for US stock indexes declined during today's Asian session. Investors continued to sell US government

CAD/JPY traded lower today, after hitting resistance near 85.90 during the Asian session. Overall, the pair continues to print higher highs and higher lows above the upside support line drawn from the

GBP/USD holding below 1.3820 today is a medium term sell signal targeting 1.3780/70 then 1.3715/05. Gains are likely to be limited in what could be a developing bear trend. Minor resistance at 1.3890/1.3900.

The US dollar powered higher on Friday, with currency markets much more focused on yield differentials than equity markets. Also helping things along is that commodity markets remain mostly priced in US

The US dollar's recovery continued last week, with new highs for the year being recorded against the euro, yen, and Mexican peso. The key driving force is interest rates and ideas that the US monetary

The U.S. dollar hit new highs on Friday after a strong U.S. jobs report. The greenback extended its gains against all of the major currencies, with USD/JPY rising to its strongest level since June 2020

This article was written exclusively for Investing.com The AUD/USD faces a triple whammy of bad news ahead of today’s US jobs report: risk off, US dollar revival and copper prices reversal. Stocks have

The OPEC+ announcement on Thursday that the cartel was extending production cuts shocked the markets. OPEC+ had been widely expected to raise production output by 500,000 barrels per day. Instead, OPEC+

The U.S. dollar traded sharply higher against all of the major currencies after Federal Reserve Chairman Jerome Powell expressed little to no concern about the recent spike in yields. Ten-year Treasury

BEARISH AUD/USD is currently at 0.7794 in a wedge in a channel. We have convergence in play for the down move and USDX is trying to rise. If we can break the support here, we are are looking for a move

Equities are under pressure following yesterday's sharp losses in the US. The MSCI AC Asia Pacific Index suffered its biggest decline of the week today as Japanese, Chinese, and Hong Kong benchmarks slid