Investment Portfolio

Gain: 

Pulse Wallet

Gain: 

REA Learn Copy

Gain: 

Quick Tools:

Forex Today: US dollar hits 1-month high

Forex Today: US dollar hits 1-month high

   The US dollar index hit a one-month high yesterday as US Treasury yields rose and hawkish comments came from the ECB.

➡️ Over the past day, the US dollar index advanced to a new 1-month high after a period of consolidation. The dollar reached the same medium-term highs in currency pairs AUD/USD  And  NZD/USD  . This rise in the dollar is accompanied by a rise in US Treasury bond yields.

➡️ Most stock markets have moved lower over the past day.

➡️ In the Forex market, the US dollar has been the strongest major currency since Tokyo opened today. The Australian dollar was the weakest, putting the AUD/USD currency pair at the center of attention. There remains a valid long-term uptrend in the  EUR/USD currency pair  , but will come into serious question if we get a daily close below $ 1.0900 at the end of today's New York session.

➡️ Cocoa futures last Friday  have reached a new multi-year high price, which will keep trend traders interested in this commodity on the Long side. It has been showing a powerful bullish trend for more than a year now.

➡️ Today there will be an important data release on the Canadian Consumer Price Index (inflation), which is expected to show a monthly contraction of 0.3%.

➡️ Today further data will be released relating to:

    • Change to UK claimant count (unemployment claims)
    • US Empire State Manufacturing Index
    • The governor of the Bank of England will testify before the British Parliament

 

Credit by DailyForex.com

en_USEN

Investment Portfolio

Copy strategies

Find out how our strategies copy works. You can copy our strategies without costs and without risk with a demo account, and with a real account in exchange for a profit-share.

REA TradeKit

Access Advanced Tools and Strategies.

14 day money back guarantee.

Free Resources

Mentoring 1 to 1

Reavolution's 1-to-1 mentorships allow you to learn our strategies directly from our trainers.

Main Categories

Forex Calculators

Commercial Lotto Calculator

Leverage and Margin Calculator

Drawdown Calculator

Compound Interest Calculator

Pips Value Calculator in Euros

Economic Calendar