US dollar is still alive and clinging to this week’s lows So it was another nutty market week with the usual downs and ups. Today
Category: Currencies
Uncle Buck eyes the 88s
US dollar (DXY) looks to long-term support in the 88s Last week we noted that USD kept a semblance of the 2021 uptrend in play
Uncle Buck keeps a semblance of the 2021 uptrend in play
US dollar holds a thin higher low From yesterday morning’s post on USD… “Here is the daily chart’s story. USD (DXY) needs to hold above
Druckenmiller Speaks
Druckenmiller on the Fed’s excesses & USD A lot of these media stars are clowns. You know I think that because you see me make
Uncle Buck at a Precarious Higher Low
US Dollar clings to a higher low within its downtrend Here is the daily chart’s story. USD (DXY) needs to hold above the February low
Uncle Buck is Not Happy With You, Jerome
US Dollar drops on FOMC nothingburger With due consideration that the days immediately following FOMC’s latest do-nothing meeting often swing to volatility, as if they
Uncle Buck at Support, Reflation Trades Hang in the Balance
This will be telling. If you refer back to yesterday’s post, which included weekly and monthly charts, you’ll observe that this is basically it, the
US Dollar, Short to Long-term
US Dollar index: daily, weekly and monthly This morning the foil to the global reflation trades and the speculative environment in general, USD (DXY), is
USD (DXY) Daily Chart and Sentiment
As the US dollar bounces sentiment is bouncing with it DXY took out the SMA 200 a few days ago as the 2021 rally continues.
DXY down, you know what up…
“You know what” = the vast reflated anti-USD macro As DXY retreats in pre-market (along with short-term overdone 10yr & 30yr yields)… …it is little
Why Not #SqueezeUncleBuck?
Why not #SqueezUncleBuck? Consider this post for entertainment purposes only (but not really). In the “short squeeze era” as this silver promotion put it (among
Uncle Buck, Live
The lynchpin to the global speculation orgy has merely bounced to its down trending SMA 50, but that has been enough to pressure global markets
Uncle Buck Bouncing But Bearish
The US dollar remains in bearish lockdown, technically The daily chart shows a slight bounce attempt that itself may be suspect, even as USD is
Banana Republic Update
We’re still on the way. We have a president driving his political party ever deeper into the Guyanese jungle, even as some jump off the