US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY
The US Dollar is showing tendencies of a turn and hawkish Fed-speak is having a helping hand. The big question for DXY is whether EUR/USD has topped.
The US Dollar is showing tendencies of a turn and hawkish Fed-speak is having a helping hand. The big question for DXY is whether EUR/USD has topped.
The Nasdaq 100 and S&P 500 fell last week amid hawkish Fedspeak, boosting the US Dollar at the cost of gold and crude oil prices. Ahead, all eyes are on the FOMC minutes and the RBNZ for the NZD/USD amid a holiday-shortened week due to Thanksgiving in the US.
The Dow Jones, Nasdaq 100 and S&P 500 took steps back last week as Fedspeak and retail sales underscored a hawkish central bank. Thanksgiving brings illiquidity, but what about volatility?