That US Dollar though…?$DXY #USD pic.twitter.com/xMOId7h3vB — Greg Rieben (@gregrieben) July 5, 2022 Today’s Chart of the Day was shared by Greg Rieben (@gregrieben). Today was the best day for the US Dollar Index since 2020, rising to its highest level in 20 years. Dollar strength is generally a headwind for risk assets including Stocks, Commodities, and […]
Chart of the Day – Tuesday, June 14th, 2022
Stocks don’t like it when these lines are moving to the upper right pic.twitter.com/TgKEngjdLI — J.C. Parets (@allstarcharts) June 14, 2022 Today’s Chart of the Day was shared by JC Parets (@allstarcharts). The chart shows the US 10-year yield (top), and the US Dollar Index (bottom). We highlighted this chart about a month ago, noting that […]
Chart of the Day – Thursday, May 19th, 2022
Talk about a big catalyst for a recovery in risk assets if this turns into a failed move…$DXY pic.twitter.com/UQ59TAdvsU — Louis Sykes (@haumicharts) May 19, 2022 Today’s Chart of the Day was shared by Louis Sykes (@haumicharts). The Dollar Index broke through long-term resistance around $104 a couple of weeks ago, hitting its highest level […]
Chart of the Day – Tuesday, May 17th, 2022
Is there a better back court duo right now more critical to the direction of stock prices? A weaker dollar I think gets a stock market rally going. A bond market not crashing would also help. Is this actual resistance or just lines on a chart? pic.twitter.com/BY5IkwJolZ — J.C. Parets (@allstarcharts) May 17, 2022 Today’s […]
Chart of the Day – Tuesday, April 12th, 2022
US Dollar Index $DXY up 9 days in a row as it nears an area of former resistance ~100.50. pic.twitter.com/StONUioHMT — Ian Culley (@IanCulley) April 12, 2022 Today’s Chart of the Day was shared by Ian Culley (@IanCulley). It’s a chart of the US Dollar Index ($DXY) over the past two years. The Dollar Index rose […]
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