How Much Further Can the Dollar Run After Last Week’s Broad Rally?
The Dollar Index closed near 101.03 after a hawkish Fed-driven rally, but it’s now approaching genuine resistance at 101.80–102.86 rather than emerging from support—clearing that zone likely requires the 10-year Treasury yield, not the already-stretched 2-year, to extend further.
Week Ahead – Rate Hike Bets Face a Crucial Data Week
Oil remains in the driver's seat as geopolitical uncertainty persists.
US dollar gains as focus shifts to key US data and Fedspeak.
Euro...
Dollar Pares Weekly Gains as Yen Rebounds on Intervention Signals
Today's themes:
Dollar: gave back part of this week's yield-driven rally, weaker against EUR, JPY, GBP, CHF, AUD and NZD (CAD the exception), but...
AUD/USD Tests 0.7000 as Markets Look Beyond an Almost Certain RBA Hike
The Australian Dollar is the week’s worst-performing major currency even with a September RBA hike to 4.60% essentially fully priced—the weakness reflects position lightening ahead of uncertain vote composition and guidance, not doubt about the hike itself, with AUD/USD now testing 0.7006 support.
