Tag: US dollar index

U.S. dollar index, known also as DXY, is an index that compares the value of American dollar to the value of basket of foreign currencies.
Last week of trading kicks off with tech decline

Last week of trading kicks off with tech decline

Stock markets looked like they were going to close in red on the first day of the last week of the year. Tech led the market decline.
Markets full of fear as data suggests recession is close

Markets full of fear as data suggests recession is close

US dollar faces selling on all fronts as data suggests there may be a recession coming soon. Markets all in red, except gold, which holds its value.
Gold losses steam and erases gains

Gold losses steam and erases gains

After the rocket move from the beginning of the month, gold lost pace and erased gains due to the strong US Dollar.
Statistical, technical & behavioral analysis of US Dollar

Statistical, technical & behavioral analysis of US Dollar

The current uncertainties in the geopolitical area could play an important role in the further development of the US dollar.