The U.S. Dollar has been in focus for a lot of traders and analysts lately. It broke out to a new 52-week high at the end of May but since then, has pulled back rather sharply. It’s been in a healthy uptrend for over a year, as it’s traded above a rising 200-day moving average. […]
Dollar Perking Up
One asset class that seems to have garnered quite a bit of attention lately isn’t equities or fixed income, but currencies, and in particular the US Dollar ($USD). Is the domestic currency finally ready to move higher after being range-bound for the last nine months? Last week, J.C. Parets of All Star Charts posed the […]