Tag Archive: Bollinger Bands

FX Weekly Review, January 23 – 28: Dollar Downwards and CHF Upwards Correction, for how long?

The US dollar spent the first month of the new year correcting lower after a strong advance in the last several months of 2016. We argue that the correction actually began in mid-December following the Federal Reserve's rate hike.

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FX Weekly Review, January 16 – 21: Dollar Still Appears to Carving out a Bottom

The US dollar turned in a mixed performance over the past week. The technical indicators continue to support our expectation that after correcting since mid-December, following the Fed's hike, the dollar is basing.

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FX Weekly Review, January 09 – 14: Dollar Correction may be Over or Nearly So

For the first week since the election of Trump, the Swiss Franc index had a clearly better performance than the dollar index. It improved by 1.5% in the last ten days.

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FX Weekly Review, January 02 – 07: Is the corrective phase of the dollar over?

The lack of full participation and the resulting choppy conditions may have obscured the signal from the capital markets. That signal we think was one of correction since shortly after the Fed's rate hike in id-December. The question now, after the US employment data showed continued labor market strength and that earnings improvement remains intact, is whether the corrective phase is over.

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Is The US Dollar Set To Soar?

Hating the U.S. dollar offers the same rewards as hating a dominant sports team: it feels righteous to root for the underdogs, but it's generally unwise to let that enthusiasm become the basis of one's bets. Personally, I favor the emergence of non-state reserve currencies, for example, blockchain crypto-currencies or precious-metal-backed private currencies--currencies which can't be devalued by self-serving central banks or the private elites...

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