The U.S. Dollar Continues to Be the Safe Haven Currency.

Did the Euro “jump the shark” when Giselle wanted to be paid in Euros?  Whether that story was fact or rumor, it still represented the widely held belief that the U.S. Dollar’s good days were behind it.  And it wasn’t just a Victoria’s Secret model who punctuated this belief.  Small retail stores across the U.S. [...]

The U.S. Dollar Determined to Test 83.00 to 83.20 Despite Fed Funds Discounting 25 Basis Point Cut

The U.S. Dollar Index continues to rise despite a slew of disappointing retail data and a 25 basis point cut baked into the cake…so say the Fed Funds futures front month.
Prices are climbing steadily along the 15 minute uptrend with excellent support at 82.00.

Any rally back up to the 82.74 to 82.94 area will be [...]