|Day's Range||1.392 - 1.399|
|52 Week Range||1.2591 - 1.4377|
Investing.com - The dollar took a breather on Tuesday after rising to seven week highs against a basket of the other major currencies, as a boost from rising Treasury yields faded.
Even after printing the lowest levels in more than seven-weeks, the EURUSD is struggling with 100-day SMA, at 1.2210 now, in order to revisit the 1.2165-55 horizontal-support. Should the pair fails to register a daily closing below 1.2210, it can bounce-back to the 1.2240 and then to the 1.2275-80 resistances. In case if the recovery stretches beyond 1.2280, the 1.2300 and the 50-day SMA level of 1.2330 could challenge the buyers ahead of fueling the pair towards 1.2400 mark. Given the pair’s D1 close below 1.2210, followed by the 1.2155 clearance, it can slump to the 1.2090 and the 1. ...
Investing.com - The dollar was holding steady near seven week highs against a basket of the other major currencies on Tuesday, boosted by rising Treasury yields.
The British pound broke below the 1.40 level during the trading session on Monday and continue to drop from there. The US dollar has shown strength over all, and I think that breaking below the 1.40 level could show that this pair needs to see a bit of support or a bounce underneath.
Investing.com – The dollar rose to an eight-week high against a basket of currencies amid a slump in both the yen and Aussie dollar, while a rise in the 10-year U.S. treasury yield close an important 3% level also lifted sentiment.
The greenback rallied on Monday, notably against the yen, with a key dollar index ascending to a three-month high as a U.S. benchmark Treasury yield was on the cusp of breaking above a psychologically significant level at 3%. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB), which gauges the buck against a basket of six currencies, climbed 0.7% to 90.927, trading around its highest level since mid-January and adding to its positive momentum from late last week. The WSJ U.S. Dollar Index (CALCULATED:BUXX), which measures the greenback against a wider basket of currencies, rose 0.7% to 84.97.
Investing.com - The dollar posted broad gains against a basket of the other major currencies on Monday, hitting seven week highs, boosted by rising U.S. bond yields.
Investing.com - The dollar extended early gains against a currency basket on Monday, rising to one-and-a-half month highs, driven up by a rise in U.S. bond yields, while mixed euro zone private sector survey data failed to support the euro.
The pair dropped significantly during the Friday’s session reaching down towards the 1.22 level as due to rising interest scenarios in the United States and lack of any clear pictures on rate hike by ECB after ending the QE. The market has now broken below 1.23 level, there will be some downward pressure with major support at 1.21 level. …Read MoreGBP/USD
Investing.com - The dollar was holding steady near two week highs against a currency basket on Monday supported by expectations for further interest rate hikes this year, while waning geopolitical risk dampened demand for the safe haven yen.
Asian equities have started the week cautiously and Europe has been tentative early. The U.S Dollar remains strong in the short term.
Investing.com - Investors will be awaiting an update on the health of the U.S. and UK economies this week ahead of Friday’s data on first quarter growth. Monetary policy meetings in the euro zone and Japan will also be in focus.
The British pound initially tried to rally against the US dollar during the week but found enough resistance above the 1.43 level to roll over and fall rather significantly. The 1.40 level of course will offer a bit of support, and I think that if we can break down below that level it’s likely that we will probably go looking towards the uptrend line underneath, and of course the sideways support at the 1.3650 level should also offer support.
The British pound continued to fall on Friday, reaching down towards the 1.40 level for support against the US dollar. This is partly due to Mark Carney suggesting that the Bank of England was a bit more dovish than people thought, and of course raising interest rates in the United States.
The U.S. dollar heads higher against most rival currencies on Friday, helped by U.S. Treasury yields that rose as commodity prices push up inflation expectations.
Investing.com - The dollar surged on Friday, driven higher by a rising yield on U.S. Treasury notes.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was at a two-week high, rising 0.59% to 90.17 by 10:32 AM ET (14:32 GMT)U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.449. The yield on the United States 10-Year Treasury note rose to 2.940.Prices fall as bond yields rise. A spike in U.S. ...
Sterling kicked off the weak on a high note, rising to its strongest level since the Brexit vote. But enter disappointing data and a dovish Carney, and the rally has come to a screeching halt.
Investing.com - The dollar was higher on Friday as the yield on U.S. Treasury notes rose to February levels and interest rate expectations offset trade war worries.The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was up 0.27% to 89.88 by 5:13 AM ET (9:13 GMT).U.S. bond yields crept back up on Friday, with the United States 2-Year note climbing to its highest level since September 2008, at 2.437. The yield on the United States 10-Year Treasury note rose to 2.916.Prices fall as bond yields rise. A spike in U.S. ...
The Euro chopped around the 1.2350 level during the Thursday’s session using it as a support. The uptrend line underneath should continue to keep this market in the positive momentum and also attract a lot of buyers. It is believed that until this market breaks above the 1.25 level, it will continue to consolidate around the region.
The U.K. pound continued to slide Friday after Mark Carney, the governor of the Bank of England, took markets by surprise and hinted that the British central bank could hold off raising interest rates next month. In an interview with the BBC, Carney highlighted a recent run of disappointing data and the uncertainty over the final Brexit deal as he tried to temper expectations. “Prepare for a few interest rate rises over the next few years.
The U.S. dollar gained ground against its rivals Thursday as the 10-year Treasury yield edged higher, flirting with the psychologically important 3% mark. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB), which measures the greenback against six developed market currencies, climbed 0.3% to 89.889.