Over the past few days, we have been talking about bond markets, soaring yields, the great reflation trade, and other key developments moving markets.
Today, our focus will be directed towards the G10 space and our weapon of choice…technical analysis.
Dollar rebound or dead cat bounce?
Last Friday, we questioned whether the Dollar was experiencing a dead cat bounce.
After flirting around the 50-day simple moving average (SMA) for weeks, the Dollar Index pushed higher thanks to rising US Treasury yields. Prices are trading marginally below the 91.00 level while the MACD is… Read More:
For all Articles related to FXTM please click here