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USD Daily Review December 25, 2018

USD Daily Review for December 25, 2018

Top Trade Idea 2019: Canadian Dollar, 2019 Underdog? Short AUD/CAD, NZD/CAD, EUR/CAD

The Canadian Dollar took a turn for the worse in the 4Q 2018, but it may finish 2019 on a stronger note. Its collapse was


USD/JPY heads for the lowest close in 4 months

The USD/JPY broke below 110.90 and tumbled to 110.24, hitting the lowest intraday level since August 22. The pair then bounced modestly to the upside,


AUD/USD: Price stabilizes as bulls step in to protect stocks from plunging further

AUD/USD has been tracking risk sentiment in the final days into the Christmas break and has travelled lower since printing a double top high in the 0.


US Dollar Index drops below 96.70 as T-bond yields extend decline

After closing the previous week near the 97 handle, the US Dollar Index, which measures the dollar’s value against a basket of six major currencies, l


Gold clings to gains above $1260 on modest USD weakness

The troy ounce of the precious metal added more than $20 last week and brought the total monthly gains of December over $40. With markets already goin


USD/JPY and AUD/USD Forecast December 26, 2018

The US dollar broke down significantly during the trading session on Monday, as fears of liquidity issues gripped Wall Street. The market got wind of the tre…


EUR/USD and GBP/USD Forecast December 26, 2018

The Euro rallied a bit during the trading session on Monday but ran into resistance again above the 1.14 handle. This is a market that is very range bound bu…


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