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  • Turkish lira suffered the biggest one-day loss in five years
  • Near-term bias remains negative below 140
  • Bears look for further extension
  • Dollar keeps firm tone ahead FOMC rate decision
  • Extended range trading ahead of Fed policy decision
  • Australian dollar rises to three-week high on RBA’s hawkish shift
  • Close within daily cloud to signal further weakness
  • Oil price jumps on Saudi big oil cuts
  • Strong US job growth in May tempered by lower wages and jump in unemployment
  • AUDUSD – strong recovery extends into second straight day

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Fed

Technical Outlook

Dollar keeps firm tone ahead FOMC rate decision

Slobodan Drvenica Jun 6, 2023
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Economy

Strong US job growth in May tempered by lower wages and jump in unemployment

Slobodan Drvenica Jun 2, 2023
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Technical Outlook

Dollar index rises on fresh hawkish signals from Fed; US NFP in focus

Slobodan Drvenica May 31, 2023
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Technical Outlook

Dollar may rise further on debt ceiling uncertainty and signals of more Fed rate hikes

Slobodan Drvenica May 25, 2023
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Technical Outlook

Gold comes under renewed pressure on hawkish Fed / debt ceiling deal hopes

Slobodan Drvenica May 23, 2023
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Technical Outlook

Bulls to pause for consolidation before resuming

Slobodan Drvenica May 22, 2023
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Technical Outlook

Strong bearish signal on weekly close below broken $1975 higher base

Slobodan Drvenica May 19, 2023
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Technical Outlook

Several factors continue to fuel dollar’s near-term bullish stance

Slobodan Drvenica May 18, 2023
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Technical Outlook

Bulls hold grip but hesitate above $2050

Slobodan Drvenica May 11, 2023
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Technical Outlook

Bullish bias above 1.10 support, but near-term action still in a range

Slobodan Drvenica May 8, 2023
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Lastest Posts
  • Turkish lira suffered the biggest one-day loss in five years
  • Near-term bias remains negative below 140
  • Bears look for further extension
  • Dollar keeps firm tone ahead FOMC rate decision
  • Extended range trading ahead of Fed policy decision

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