Archive for dollar record low
Dollar Headed Lower?
Over the past 48 hours, the U.S. dollar has come under aggressive selling pressure and I think USD/JPY is set to test its year to date low below 87. Here is a chart of the Dollar Index that shows a break of a major trendline which suggests that the dollar’s weakness will not be [...]
Dollar Headed Lower?
Over the past 48 hours, the U.S. dollar has come under aggressive selling pressure and I think USD/JPY is set to test its year to date low below 87. Here is a chart of the Dollar Index that shows a break of a major trendline which suggests that the dollar’s weakness will not be [...]
The U.S. Dollar Breakdown and the Charts that Matter
Dollar bashing has driven the U.S. dollar to an 11 month low against the Euro and 1 year low against the Australian dollar. If you have caught my interviews on CNBC and Bloomberg, you would know that I have been bearish dollars and bullish Aussies and Euro for the past 2 months. Now [...]
The Odds of Dollar Reserve Diversification
I was on Bloomberg last night talking about the odds of Dollar Reserve diversification and the outlook for the dollar. Click on the image to access the video:
