Blog > Archive by tag 'dollar reversal'
Baltimore — (TFN): On April 29, net shorts on a decline in the euro came in at 21,315— compared with net longs of 18,907 a week earlier, according to the CFTC. Currency strategists now expect the dollar reversal to reach $1.52 within the next few days.
So far, the U.S. currency has appreciated 4 percent from [...]
Baltimore — (TFN): Net shorts on a decline in the euro came in at 21,315— compared with net longs of 18,907 a week earlier, according to the CFTC. Currency strategists now expect the dollar reversal to reach $1.52 within the next few days: The podcast for our latest TFN 60-Second Buzz video, featuring J. Christoph [...]
Baltimore — (TFN): Short positions on the euro have been increasing. An increasing number of traders expect the dollar to appreciate against the euro and other currencies. But could a dollar reversal ring in a deflating of the commodities bubble?
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by J. Christoph Amberger
Baltimore — (TFN): Declining from an all-time low of almost $1.60 per euro in April, the dollar has risen on better-than-expected economic data. After unexpected (if only nominally) positive GDP growth in the first quarter, unexpected (if only nominally) positive job growth in April, the Commerce Department announced on May 1 that [...]