The US Dollar takes another hit this morning but it’s the opposite story for the Swiss Franc, which is showing strength. Read more in Rick Alexander’s overview.
From the Fed’s QE2 to the crisis in Europe, volatility in the U.S. dollar has been a boon for traders. Kevin Haggerty explains why in today’s commentary.
“Overall, I feel the US Dollar is bottoming,” says Rick Alexander. Read the balance of his commentary for more on the currency market.
Strong showing Friday, for crude oil and products, while Yen remains in a bull pennant. Read the balance of Rick Alexander’s comments for what he sees for today’s market action.
All of the currencies continue to be in long-term uptrends overall but there is some potential toppy action going on in some of the currencies. Here’s Rick Alexander’s commentary on how to prepare yourself for today’s market action.
Yen forming a bull pennant; toppy action in the pound. Read more of Rick Alexander’s commentary for today’s market outlook.
Swiss franc forming a bull pennant, while yen makes new contract high.
Financial futures continue with a strong uptrend: Yen, Francs & Aussie make new contract highs.
Higher closes Wednesday for notes and bonds while unchanged for Eurodollars but no changes technically. Here’s more of Rick Alexander’s comments.
The yen closed two ticks higher but was still unable to muster any kind of a rally since Japan’s bank intervention last week. Find out Rick Alexander’s plan of attack to take advantage of a possible rally back in the yen.