Kathy Lien is Director of Currency Research at GFT, and runs KathyLien.com.
Kathy has a Bachelors degree in Finance from New York University. Kathy has written for Stocks and Commodities, CBS Market Watch, ActiveTrader, Futures and SFO Magazine. She is frequently quoted on Bloomberg and Reuters and has taught seminars across the country. She has also hosted trader chats on EliteTrader, eSignal, and FXStreet, sharing her expertise in both technical and fundamental analysis.
There is a considerable amount of event risk on the global economic calendar this week, but the US dollar is looking to only a few heavy-hitting fundamental releases for price action.
The US dollar rallied across the majors throughout much of the European trading session, but the release of data during the US trading session cut the move short.
The US dollar rallied across the majors throughout much of the European trading session, but the release of data during the US trading session cut the move short.
The dollar was inundated with economic releases today, yet the solid wall of bearish market-movers wouldn't curb a steady dollar rebound. Is this a sign of strength?
The US dollar weakened significantly this past week as rising oil prices revealed the vulnerabilities of the US economy. Companies are beginning to struggle and have been forced to come up with more creative ways to deal with the energy crisis.
The US dollar weakened significantly this past week as oil prices skyrocketed and stocks plummeted, but today was a day of recovery with stocks and the dollar rebounding and oil prices easing.
Copyright 2024 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.