‘Dollar Update’ Archive

Euro- Time for the crash to turn into a rally?

CLICK ON CHART TO ENLARGE The past year has been rough on the Euro/USD! How rough? The bottom section of the above charts looks at the 52-Week rate of change on the Euro, which reflects the Euro/USD has had the worst one year decline in its history. The decline has driven the EUR/USD to a […]

King Dollar- Longest monthly winning streak in history! What’s next?

CLICK ON CHART TO ENLARGE King Dollar’s on a role of late and I don’t just mean the past few weeks. The U.S. Dollar has accomplished something recently┬áthat its never done since the Dollar index was created back in 1974! The table above reflects that for the first time ever, the US Dollar is up […]

King Dollar attempting breakout, Parity getting closer due to this?

CLICK ON CHART TO ENLARGE King Dollar is making an attempt to break above the 95 level, where a cluster of resistance had been holding it back for a few weeks. The opposite is being attempted by the Euro, as it is attempting to break a support line that has been in place for around […]