FlowBank

1266 days ago

Major reserve currencies since 1250

Source: James Eagle 

#Forex
Major reserve currencies since 1250

1267 days ago

Dollar shorts beware!

A lot of traders and investors are short the dollar and long the euro. But they need to keep in mind the following: 1) 1, DXY index (Dollar trade-weighted) stands at big important levels (see chart below) - .a push above the trend line and those USD shorts might have to get covered; 2) Europe's corona situation continues deteriorating; 3) USD shorts are still many (souce: The Market Ear)

#Forex
DXY index

1333 days ago

Turkish Lira (TRY) keeps weakening

source: Bloomberg

#Forex
Turkish Lira keeps weakening

1333 days ago

US dollar positioning is net short

This is rather bullish dollar from a contrarian perspective (chart: Haver)

#Forex

1336 days ago

Dollar index Technicals

The dollar index (DXY) remains in a broad downward sloping channel but is putting in the biggest bullish candle in a long time...right in the channel lows (source: The Market Ear).

#Forex
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