Deeper Analysis
Dollar Now and Where It Might Be Heading
July 15, 2021
By historical standards, the dollar’s trading ranges over the last twelve months have been atypically confined. Similar 52-week high-low spreads against the euro, yen, and Swiss franc respectively have been 8.5%, 8.8%, and 8.2%. Not surprisingly given those widths, the dollar has moved within an 8.1% band against the DXY weighted index. Presently the dollar […] More
New Overnight Developments Abroad - Daily Update
Watching China and Central Banks
July 15, 2021
The U.S. dollar edged slightly higher overnight, with gains of 0.4% against the Australian and New Zealand currencies, 0.3% versus the euro, and 0.1% relative to the Swiss franc, loonie, and DXY weighted index. Alternatively, the dollar slipped 0.2% against the Chinese yuan and 0.1% versus sterling, while dollar/yen stayed steady. Share prices had climbed […] More
