The US Dollar index bounced and flopped below resistance and is now testing not so compelling support again. The March low was a negative place
Category: Currencies
Uncle Buck is Bouncing But Not Bullish
US dollar index daily and monthly charts DXY continues to bounce but cannot be called bullish because… It marked a lower low to June 2019
Relax Uncle Buck, Have a Banana
As this screwed up nation inflates its way out of its economic problems (COVID-19 was a trigger, not a cause) amid the realization by more
USD is Tiring; Bananas for All?
The US Dollar index is slipping further below the 200 day average (orange) and associated resistance. The forces of reflation take the upper hand again
Micromanaging Uncle Buck
Might as well micro-manage the US dollar index a little more since it’s at a pivotal juncture. For the copper view to prove bearish on
Uncle Buck, Do or Die
I get so carried away with indicators and ratios that sometimes I forget to just take a look at the simple stuff. Well, here is
Loonie Tunes
To whomever it may concern, it looks like the Canada Dollar index may be slipping its moorings. Subscribe to NFTRH Premium (monthly at USD $35.00
Gold in Major Currencies… a Pretty Picture
Here is a weekly chart of gold vs. the USD index and then vs. global pairs/USD. Trends are… Beuller? By the way, this is all-time
Whither a USD Death Cross?
I have not looked extensively, but in viewing the MSfM I get yesterday’s flu virus fear hysterics, today’s relief and 3 significant and wealthy Amigos
USD Death Cross!!!
And now we wait for the DEATH CROSS hysterics to ring out across the land with great vigor in their “death of the dollar!!!” pronouncements.
US Dollar and its Pairs
Let’s make no bones about it. The US dollar has been weak and degrading during the Q4 seasonal macro bounce party. Despite the ugliness the
Uncle Buck Failing
USD is a foil to the macro party. The US Tweeter-in-chief, global stocks (generally speaking), commodities and resources and during this holiday muted trading season,
Uncle Buck Still on Trend
As the US dollar pulls back, it is interesting that gold is flat and Treasury bonds are also pulling back. These are the forces of
USD Index & USD/Global Pairs
In case anyone still cares what these tramps are doing, here is the USD index and USD pairs with other currencies at yesterday’s close. I’ve