 Sterling 'Shines' As Housing & Stocks Prices Increase.
Bob Kozak I Alaron Research - 31 July 2009
British Pound (BPU9):
Sterling opened higher at 1.6485 after a report from Nationwide Building Society showed U.K. housing prices increased for a third month in July 1.3%. A strong equity market and weaker DX sent prices to a morning Hi of 1.6527, before drifting lower towards the close, to end the session at 1.6489, up 133 tics. The close above the 10-day MA changes the s/t trend to 'positive' w/ neutral momentum indicators. ... mehr the currency report - Canadian Sets New High for 2009
Bob Kozak I Alaron Research - 28 July 2009
Canadian Dollar (CDU9):
The CD opened higher at .9247, after selling off at our initial Resistance level of .9279 and trading lower after posting a new Hi for 2009. As equity prices retraced from morning levels, the DX moved higher and weighed on CD prices. A late afternoon bounce in equity markets sent the DX lower and boosted the CD to a close of .9258, up 29 tics.The s/t trend remains 'positive' w/ over-bot momentum indicators. ... mehr the currency report - Canadian Sets New High for 2009
Bob Kozak I Alaron Research - 28 July 2009
Canadian Dollar (CDU9):
The CD opened higher at .9247, after selling off at our initial Resistance level of .9279 and trading lower after posting a new Hi for 2009. As equity prices retraced from morning levels, the DX moved higher and weighed on CD prices. A late afternoon bounce in equity markets sent the DX lower and boosted the CD to a close of .9258, up 29 tics.The s/t trend remains 'positive' w/ over-bot momentum indicators. ... mehr the currency report - Equity Rally Weighs on Dollar
Bob Kozak I Alaron Research - 24 July 2009
Dollar Index (DXU9):
The Dollar opened higher at 78.94 and rose to a morning HI of 79.15 as an increase in Weekly Jobless Claims of 30K sent equities lower as traders awaited the Existing Home Sales. The greater than expected report, along with better news from AT&T increased 'risk-appetite' as traders rotated away from safe-haven assets and into equities, sending the Dollar to a mid-day Lo of 78.585, before bouncing into the afternoon session and ending the day-session at 78.97, up 11 tics. ... mehr Equity Rally Weighs on Dollar
Bob Kozak I Alaron Research - 23 July 2009
Dollar Index (DXU9):
The Dollar opened higher at 78.94 and rose to a morning HI of 79.15 as an increase in Weekly Jobless Claims of 30K sent equities lower as traders awaited the Existing Home Sales. The greater than expected report, along with better news from AT&T increased 'risk-appetite' as traders rotated away from safe-haven assets and into equities, sending the Dollar to a mid-day Lo of 78.585, before bouncing into the afternoon session and ending the day-session at 78.97, up 11 tics. The s/t trend remains 'negative' w/ weak momentum indicators. ... mehr the currency report - Dollar 'Slides' As Risk-Appetite Increases
Bob Kozak I Alaron Research - 15 July 2009
Dollar Index (DXU9):
The DX opened lower at 79.60 as equity markets moved higher after Intel Corp. posted better than expected earnings, increasing the risk-appetite of traders as they rotate out of safe-haven assets. Prices slid to a daily Lo of 79.42, before ending the day-session at 79.46, down 91 tics. The s/t trend remains 'negative' w/weak momentum indicators. ... mehr Dollar 'Slides' As Risk-Appetite Increases
Bob Kozak I Alaron Research - 15 July 2009
Dollar Index (DXU9):
The DX opened lower at 79.60 as equity markets moved higher after Intel Corp. posted better than expected earnings, increasing the risk-appetite of traders as they rotate out of safe-haven assets. Prices slid to a daily Lo of 79.42, before ending the day-session at 79.46, down 91 tics. The s/t trend remains 'negative' w/weak momentum indicators. ... mehr Canadian Dollar 'Higher' on Improved Sales Survey.
Bob Kozak I Alaron Research - 13 July 2009
Canadian Dollar (CDU9):
The CD opened higher at .8604 and slid to a morning Lo of .8579, before following equity markets higher, after a bullish survey from the BoC showing the nation's businesses were the most optimistic in almost a decade on projected sales. Prices rose to a daily Hi of .8685, as the DX retraced on an increase in risk-appetite, before drifting lower to a close of .8677, up 75 tics. The close above the 10-day MA changes the s/t trend to 'positive' w/neutral momentum indicators ... mehr the currency report - Pound Lower on 'Unchanged' Rate Decision.
Bob Kozak I Alaron Research - 07 June 2007
Euro Currency (ECM7):
The EC opened lower at 1.3472 and rose to a morning Hi of 1.3482 and followed most other major foreign currencies lower against a stronger DX. Prices retraced to a mid-day Lo of 1.3426, before bouncing towards the close to end the session at 1.3437, down 75 ... mehr the currency report - Euro Slides Despite Rate Increase
Bob Kozak I Alaron Research - 06 June 2007
Euro Currency (ECM7):
The EC opened lower at 1.3521 ahead of today's rate meeting and rose to a morning Hi at our Pivot level of 1.3536, as the ECB raised short-term interest rates by the expected 25bp to 4.00%. Traders were disappointed by the 'less hawkish' tone of ECB Chrm. Trichet's comments pertaining to further rate ... mehr the currency report - Dollar Rebounds on Ind.Pro.& Housing Starts
Bob Kozak I Alaron Research - 16 May 2007
Dollar Index (DXM7):
The DX opened higher at 81.79 against most other major foreign currencies. Prices slid to a morning Lo at our Pivot level of 81.74, before better than expected Industrial Production and Housing Starts data sent the DX to a morning Hi at our secondary Resistance ... mehr the currency report - Pound 'Rallies' Ahead of FOMC & BoE Rate Meetings.
Bob Kozak I Alaron Research - 09 May 2007
Dollar Index (DXM7): The DX opened higher at 81.85 and retraced to a morning LO of 81.65 as traders square-away positions ahead of the FOMC statement at 2:15 PM est. Pressure from a stronger BP and spec's looking for a 'softer' economic outlook weighed on prices. The DX bounced to 81.79 as we ... mehr the currency report - Dollar Under Pressure On New Home Sales Data
Bob Kozak I Alaron Research - 25 April 2007
Dollar Index (DXM7):The DX opened lower at 81.24 and rose to a morning Hi of 81.38 after a stronger than expected Durable Goods report. A weaker than expected New Home Sales report sent prices to a morning Lo of 81.10 as traders await this afternoonns Beige Book report, before committing to ... mehr the currency report - Yen Gets Boost From S&P Upgrade
Bob Kozak I Alaron Research - 23 April 2007
Dollar Index (DXM7): The DX opened higher at 81.65 and rose to a moring Hi of 81.75 as traders took profit/risk off the table after the EC and BP traded lower, as 'carry-traders' also took a break from last weeks run to take a little off the top. The DX retraced to a morning Lo of 81.51 and ... mehr the currency report - Yen Higher as Carry-Traders 'Cover'
Bob Kozak I Alaron Research - 18 April 2007
Dollar Index (DXM7): The DX opened lower at 81.55 and slid to a morning Lo of 81.45 as traders continued to rotate out of Dollars and into most other major foreign currencies. Prices continued to consolidate above the 80.48, 2004 low as traders increase bets that the Fed will need to cut rates in ... mehr the currency report - Yen Recovers on Repatriation & Risk.
Bob Kozak I Alaron Research - 28 March 2007
Dollar Index (DXM7):
The DX opened lower at 82.68 and retraced to a morning Lo at our secondary Support level of 82.48 on weaker than expected Durable Goods orders, ex transportation and pressure from a stronger JY. Prices bounced to our Pivot level of 82.75 after ... mehr the currency report - Dollar 'Rebounds' on Reaccessment of Fed.Statement
Bob Kozak I Alaron Research - 22 March 2007
Dollar Index (DXM7): The DX opened higher at 82.61 and slid to a morning Lo of 82.55, before rebounding to a mid-day Hi at our initial Resistance level of 82.86. Traders are reaccessing the Fed 'statement' and believe that further 'rate-cuts' may be further out than the next FOMC meeting, while ... mehr the currency report - Dollar 'Dives' on Dovish Fed Statement
Bob Kozak I Alaron Research - 21 March 2007
Dollar Index (DXM7):
The DX opened higher at 82.93 and rose to a morning Hi of 82.98, before retracing to a morning Lo of 82.88 as traders await the outcome of the two-day FOMC meeting. The Fed 'unexpectedly' softened its inflationary bias and acknowledged ... mehr the currency report - Pound Rises as Inflation Pressures Rates
Bob Kozak I Alaron Research - 19 March 2007
Dollar Index (DXM7):
The DX opened higher at 83.07 and hit a day-session Hi of 83.09, before retracing to a morning Lo at our Pivot level of 82.98. Prices rebounded to 83.07 ahead of the NAHB Housing Market Index that showed an 'as expected' 3 pt drop to 36 from a revised 39 in Feb. The DX rose to a daily Hi of 83.17 as ... mehr the currency report - Pound Gains as Tight Labor Market Supports Rate Increase
Bob Kozak I Alaron Research - 14 March 2007
British Pound (BPM7): The BP opened lower at 1.9226 as carry-traders continued to cover short JY positions and rotate out of higher yielding investments, sending the BP to a morning Lo of 1.9200. Prices rebounded as concerns that the tight labor market and wage increases may lead to another ... mehr the currency report - Euro gains on rate increase comments.
Bob Kozak I Alaron Research - 12 March 2007
Euro Currency (ECM7): The EC opened higher at 1.3227, after remarks by ECB council member Klaus Liebscher suggested rates would increase further. Prices retraced to a morning Lo of 1.3198, then rose to a morning Hi at our secondary Resistance level of 1.3245 as we approach the afternoon session. ... mehr the currency report - Dollar Gains as Equities Rebound.
Bob Kozak I Alaron Research - 08 March 2007
Dollar Index (DXH7): The DX opened higher at 83.98, as most major foreign currencies opened lower, due to resumption of carry-trading in the JY. The DX rose to our secondary Resistance level of 84.21, as confidence in the U.S. economy looks more 'stable' and able to recover quicker than other ... mehr the currency report - Carry-traders Sell Yen - Buy Pound.
Bob Kozak I Alaron Research - 22 February 2007
Japanese Yen (JYH7): The JY opened lower at .8267 and rose to a morning Hi of .8273, before carry-traders continued to take advantage of lack of further rate increases in the near future by selling the JY and driving prices to a morning Lo of .8255. Prices bounced into the afternoon session at . ... mehr the currency report - Yen Retreats On 'Dovish' Comments After Rate Increase.
Bob Kozak I Alaron Research - 21 February 2007
Japanese Yen (JYH7):
The JY opened lower at .8304, hit a morning Hi of .8308 and retraced to a morning Lo of .8279, after 'dovish' comments from BoJ Governor Fukui after increasing rates by 25bp to .50%. Indicating that further rate increases would be 'gradual', carry-traders had ... mehr the currency report - Yen Retreats Ahead of Rate Decision
Bob Kozak I Alaron Research - 20 February 2007
Japanese Yen (JYH7):
The JY opened lower at .8353 as the BoJ starts its 2-day rate meeting. Prices slid to a morning Lo of .8347 as pressure from politicians to keep borrowing costs low could weigh on the much anticipated 25bp increase. The 6-3 vote in Jan. to keep rates 'unchanged' will need to improve, before BoJ ... mehr the currency report - Euro Up on Trichet's Comments
Bob Kozak I Alaron Research - 08 February 2007
Euro Currency (ECH7):
The EC opened lower at our initial Support level of 1.3010 after the ECB decision to leave rates 'unchanged' at 3.50%. Traders awaited comments from ECB President Trichet to see if they would reflect a 'hawkish' or 'dovish' tone. 'Strong Vigilence' was enough to push prices to a morning Hi of 1.3063 ... mehr the currency report - Pound Gains on Stronger PMI data
Bob Kozak I Alaron Research - 01 February 2007
Dollar Index (DXH7):
The DX opened higher at 84.45, but retraced to a morning Lo of 84.25 after a weaker than expected ISM Mfg.Index showing a decrease to 49.3 vs Nov. 51.4. Traders had expected an increase of +.3 - +.5. With tamer inflation data, prospects of a 'rate cut' by Q4 have traders ... mehr the currency report - Pound Maintains Leadership Currency.
Bob Kozak I Alaron Research - 30 January 2007
British Pound (BPH7): The BP opened higher at 1.9641, but retraced to a daily Lo of 1.9598 after a bounce in the DX. Prices rebounded to1.9650 after a report from the National Institute of Economic and Social Research said economic expansion is picking up and one more interest-rate increase is ... mehr the currency report - Fed helps Dollar with Inflation woes.
Bob Kozak I Alaron Research - 22 January 2007
Dollar Index (DXH7): The DX opened higher at our initial Resistance level of 84.89 and hit a morning Hi of 84.90, before retracing to a morning Lo of 84.65. Traders were looking for more 'inflation' concerns from San Francisco Fed President Janet Yellen along with positive economic data from ... mehr the currency report - Bank of Japan leaves rates 'unchanged' ;Yen plummets
Bob Kozak I Alaron Research - 18 January 2007
Japanese Yen (JYH7): The JY opened lower at .8307 after the BoJ left interest rates 'unchanged' at .25%, to support economic growth, after weakness in the economy postpones increases. Prices fell to a morning Lo of .8288, before bouncing higher towards the close as the DX weakened, ending the day
... mehr the currency report - Pound Continues To Lead.
Bob Kozak I Alaron Research - 17 January 2007
British Pound (BPH7): The BP opened higher at 1.9663 as lower unemployment data continues to favor another rate increase and attract foreign capital. Prices slid to a morning Lo of 1.9640, before climbing to 1.9722 mid-day. The BP retraced after the U.S. Beige Book report and failed to break thru ... mehr the currency report - Pound bolstered by higher CPI.
Bob Kozak I Alaron Research - 16 January 2007
British Pound (BPH7): The BP opened higher at 1.9651 and rose to a morning Hi of 1.9675 after a stronger than expected CPI report showed inflation rising to 3.0% y/y, the highest level since 1997. With the BoE target level of 2.0%, traders are factoring in another possible rate increase as soon ... mehr the currency report - British Pound Surges on Rate Increase.
Bob Kozak I Alaron Research - 11 January 2007
British Pound (BPH7): The BP opened higher at 1.9511 after a 'surprise' rate increase of 25bp to 5.25%. Most economists expected the BoE to keep rates 'unchanged'. Prices rose to a daily Hi of 1.9511, off the Globex Hi of 1.9537, before retracing to a morning Lo of 1.9388, as traders took ... mehr the currency report - Dollar gains as Trade Deficit narrows.
Bob Kozak I Alaron Research - 10 January 2007
Dollar Index (DXH7): The DX opened higher at 84.61 as traders react to Fed Vice-Chrm. Kohn concern about 'inflation' takes any rate cuts further out pass into the second half of 07'. A better than expected report on the Trade Deficit sent the DX to a morning Hi of 84.91, before drifting ... mehr the currency report - DOLLAR REBOUNDS ON DATA
Bob Kozak I Alaron Research - 03 January 2007
Dollar Index (DXH7):
The Dollar opened higher at 83.30 and rebounded sharply on better than expected economic data and a report showing Central Banks increased their Dollar reserves slightly in Q3. Prices slid after the open after the ADP private employment projection, showing a reduction ... mehr the currency report
Bob Kozak I Alaron Research - 06 December 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened higher at 82.70 after weaker than expected economic data from the U.K. and Germany saw traders taking profit/risk off the table. The DX rose to a morning Hi of 82.83, before falling back to a morning Lo of 82.50 and bouncing to 82.57 as we enter the ... mehr the currency report
Bob Kozak I Alaron Research - 01 November 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened higher at our Pivot level of 85.22 as traders cover ahead of key economic data and a speech by Fed Chrm Bernanke. The 'sell-off' in the CD helped the DX rise to a morning Hi of 85.30, before traders faded the DX ahead of the reports. With weaker than expected reports across the board, the ... mehr the currency report
Bob Kozak I Alaron Research - 16 October 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened lower at 86.83 as pressure from a higher JY and BP weigh on prices after a solid run last week. Prices retraced to a morning Lo of 86.62, despite a better than expected NY Fed Mfg. Index reading of 22.92 vs Sept. 13.84. The DX rebounded to 86.86 as we enter the ... mehr the currency report
Bob Kozak I Alaron Research - 11 October 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened lower at 86.69 and rose to a morning Hi of 86.76, before retracing to our Pivot level of 86.61, as traders take profit/risk off the table ahead of the release of the 'minutes' from the last Fed meeting. Prices bounced to 86.63 as we start the afternoon session. ... mehr the currency report
Bob Kozak I Alaron Research - 04 October 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened higher at 85.75 after comments from K.C. Fed President Hoenig Tuesday evening said, "inflation is too high"at a speech in New Mexico. Along with a weaker EZ PMI report, the DX rose to a Daily Hi of 85.81, before retracing to our Weekly Pivot level of 85.43 as we ... mehr the currency report
Bob Kozak I Alaron Research - 03 October 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened higher at 85.32 as traders cover shorts ahead of Fed Chrm Bernanke's speech on Wednesday and 'sabre-rattling' by N.Korea has increased the appeal of the DX. Prices slid to a morning Lo of 85.22, before rebounding to a morning Hi at our Pivot level of 85.45 as we enter ... mehr the currency report
Bob Kozak I Alaron Research - 02 October 2006
U.S. DOLLAR INDEX (DXZ6): he DX opened higher at 85.70 and rose to a morning Hi of 85.76, before pressure from expected lower economic reports and stronger data from ‘over-seas’ sent prices lower. The weaker ISM data saw traders rotating out of DX and into most other major foreign currencies. ... mehr the currency report
Bob Kozak I Alaron Research - 28 September 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened higher at our Pivot level of 85.35, as most other major foreign currencies trade lower ahead of the U.S. economic data. A lower than expected Q2 GDP of +2.6% did not hold the DX from rising to a morning Hi at our secondary Resistance level of 85.62. Prices ... mehr the currency report
Bob Kozak I Alaron Research - 27 September 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened higher at 85.42 as most other major foreign currencies trade lower ahead of the U.S. economic data. With less pressure on rate increases in the U.K and EZ and a U.S. economy that may see a 'softer landing' the DX has traders covering 'shorts' ahead of Durable ... mehr the currency report
Bob Kozak I Alaron Research - 25 September 2006
U.S. DOLLAR INDEX (DXZ6):: The DX opened higher at 84.95 as weaker CPI data from German states and lower confidence in the French manufacturing confidence saw traders taking profit/risk off the table and covering DX short positions. After dipping to a morning Lo of 84.90, prices rose to a ... mehr the currency report
Bob Kozak I Alaron Research - 21 September 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened lower at 85.18 as traders rotate out of DX and into the BP as the likelihood of another rate increase favors the BP more than the DX. An increase in Jobless Claims and the expected decrease of -0.2% in the Leading Economic Indicators didn't stop prices ... mehr the currency report
Bob Kozak I Alaron Research - 20 September 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened lower at 85.56 as pressure from a higher Yuan helped push the JY, sending the DX to our initial Support level of 85.35 as we head into the afternoon session and the post FOMC statement. As the Fed left rates 'unchanged', as expected, the DX retraced to a daily Lo ... mehr the currency report
Bob Kozak I Alaron Research - 18 September 2006
U.S. DOLLAR INDEX (DXZ6): The DX opened higher at 85.70 after Treasury Sec.Paulson reinerated the need for a 'stronger Dollar' at the G-7 conference. Prices rose to a morning Hi of 85.72 , before pressure from a short-covering rally in the EC sent the DX to a morning Lo of ... mehr the currency report
Bob Kozak I Alaron Research - 14 September 2006
U.S. DOLLAR INDEX (DXU6): The DX opened lower at 85.60 as pressure from a stronger BP and EC weighed on prices ahead of the Retail Sales data and Jobless claims. Better than expected Retails Sales of +0.2% vs exp. –0.2% and a drop of 5000 vs exp gain of 5000 Jobless Claims helped the DX climb to a ... mehr the currency report
Bob Kozak I Alaron Research - 07 September 2006
U.S. DOLLAR INDEX (DXU6): The DX opened higher at 85.42 and rose to a morning Hi at our Weekly secondary Resistance level of 85.63 after worries about 'inflation' crept into the picture again on Wednesday's economic data. Short-covering saw traders taking profit/risk off the table in most major ... mehr the currency report
Bob Kozak I Alaron Research - 06 September 2006
U.S. DOLLAR INDEX (DXU6): The DX opened higher at 85.23 and rose to a morning Hi at our secondary Resistance level of 85.30 after Unit Labor Costs and the ISM Non-Manufacturing Index were higher than expected. The DX slid to a morning Lo of 85.15, before bouncing to 85.21 as ... mehr the currency report
Bob Kozak I Alaron Research - 31 August 2006
U.S. DOLLAR INDEX (DXU6): The DX opened lower at 84.76, pressured by expectations of 'hawkish' comments from ECB President Trichet after today's rate meeting. Prices slid to a morning Lo of 84.63, but rebounded to a morning Hi of 85.17 after EC buying subsided. As we begin the afternoon session, ... mehr the currency report
Bob Kozak I Alaron Research - 30 August 2006
U.S. DOLLAR INDEX (DXU6): The DX opened higher at 84.92 after Tuesday's remarks by Fed member Lacker suggesting that a 'slower economy might not be enough to contain inflation' saw traders covering 'shorts' ahead of the revised GDP. Prices rose to a morning Hi at our Pivot level of 84.96, before the weaker ... mehr the currency report
Bob Kozak I Alaron Research - 22 August 2006
U.S. DOLLAR INDEX (DXU6): The DX opened higher at 85.00 and rose to a morning Hi of 85.09 after a weaker than expected German ZEW report caught traders by surprise, forcing a binge of profit-taking in the EC and short-covering in the DX. The DX continues to hold onto gains at the 85.06 ... mehr the currency report
Bob Kozak I Alaron Research - 21 August 2006
U.S. DOLLAR INDEX (DXU6): The DX opened lower at our secondary Support level of 84.56 and retraced to a morning LO of 84.27, as traders look to take further profit/risk off the table and rotate into the EC and BP. With potentially weaker economic data out this week and the Fed looking to be on hold til Nov., ... mehr the currency report
Bob Kozak I Alaron Research - 15 August 2006
U.S. DOLLAR INDEX (DXU6): The DX opened lower at 85.46 ahead of the much anticipated PPI report. The weaker than expected +0.1 increase and drop in the core of -0.3 sent prices tumbling to a morning Lo of 84.92. Traders rotated into most other majors as the prospect of another rate ... mehr the currency report
Bob Kozak I Alaron Research - 14 August 2006
U.S. DOLLAR INDEX (DXU6): The DX opened higher at 85.50 and rose to a morning Hi of 85.53, before stronger Q2 GDP in Germany and the EZ pressured prices to a morning Lo of 85.18. Traders await key economic data Tuesday on the NY Empire Mfg. report and the PPI, which could fan the flames of Friday's Retail ... mehr the currency report
Bob Kozak I Alaron Research - 10 August 2006
U.S. DOLLAR INDEX (DXU6):
The DX opened weaker at 84.48 ahead of the perceived increasing Trade Deficit, but rallied on the better than expected increase to only $64.8B, down from the revised $64.97B in May. Prices rose to a morning Hi of 85.21, before sliding ... mehr the currency report
Bob Kozak I Alaron Research - 08 August 2006
The DX opened higher at 84.56 and slid to a morning Lo of 84.53, before bouncing to a morning Hi at our Resistance level of 84.68. Prices dipped to 84.62 as traders patiently await the FOMC results and statement.The Fed left rates 'unchanged' at the 5.25% level ... mehr the currenca report
Bob Kozak I Alaron Research - 07 August 2006
The DX opened higher at our Pivot level of 84.55 on short-covering ahead of Tuesday's FOMC meeting. Prices slid to a morning Lo of 84.30, before bouncing to 84.40 as we begin the afternoon session. Traders are looking for a 'pause', but concerned that a less than 'dovish' statement could cushion ... mehr the currency report
Bob Kozak I Alaron Research - 02 August 2006
U.S. DOLLAR INDEX (DXU6): The DX opened higher at 84.90 and rose to a morning Hi at our Pivot level of 85.00, before lack of buying saw traders 'fading' the Greenback, sending prices back to a morning Lo of 84.74. Prices bounced to 84.90 as we head into the afternoon session. The DX climbed back to our ... mehr the currency report
Bob Kozak I Alaron Research - 01 August 2006
U.S. DOLLAR INDEX (DXU6):The DX opened higher at 85.13 as traders anticipate a 'bullish' tone from Treasury Secretary Paulson's speech, supporting a strong Dollar policy. Prices rose to a morning HI at our secondary Resistance level of 85.44 ... mehr the currency report
Bob Kozak I Alaron Research - 31 July 2006
U.S. DOLLAR INDEX (DXU6): The DX opened lower at 85.03 as traders continue to take profit/risk off the table as pressure from the EC and JY, along with doubts of another rate increase have sellers in control in early trading. Prices slid to our initial Support level of 84.90 just ahead of the NY ... mehr the currency report
Bob Kozak I Alaron Research - 18 July 2006
The DX opened lower at 86.59 as profit-taking emerged over-night and pressure from a stronger BP and talks for a cease-fire in the mid-east weighed on prices. A stronger than expected increase in the PPI and increased level of Gov't Securities purchased by foreign entities helped the DX rebound ... mehr the currency report
Bob Kozak I Alaron Research - 17 July 2006
The DX opened higher at 86.52 and dipped to a morning Lo of 86.45, before climbing to a morning Hi of 86.71 as mid-east tensions forced traders to 'cover' shorts as flight to quality continues. With Fed Chm Bernanke appearing in front of Congress Wed.&Thur., higher energy and commodity ... mehr the currency report
Bob Kozak I Alaron Research - 13 July 2006
The DX opened lower at 85.54 as pressure from proposed rate increases by the BoJ and ECB and a larger increase in Jobless Claims sent the DX to a morning Lo of 85.32. A lack of conviction by JY and EC traders touched off a round of selling that saw the DX rebound to a morning Hi of 85.72, ... mehr the currency report
Bob Kozak I Alaron Research - 12 July 2006
The DX opened higher at 85.43 after comments from BoJ officials that the proposed 'rate increase' may not be necessary and news that the Euro-Zone reduced its growth outlook for the next two quarters. After slidding to a morning Lo of 85.32, better than expected data on the Trade Deficit ... mehr the currency report
Bob Kozak I Alaron Research - 10 July 2006
The DX opened higher at 85.05 as traders believe the potential inflationary pressure from the 'hourly wage increase' in Friday's payroll report will put the Fed in position to raise rates at the Aug.8th meeting. Prices rose to a morning Hi of 85.27, before retracing to our initial ... mehr the currency report
Bob Kozak I Alaron Research - 05 July 2006
The following information and technical indicators are designed to assist you in your decision making process for investing in the Currency Market. I strongly suggest each investor have a plan to follow for each trade that will determine: entry level, profit objective and risk tolerance, to help ... mehr the currency report
Bob Kozak I Alaron Research - 29 June 2006
U.S. DOLLAR INDEX (DXU6): The DX opened higher at 86.41 as traders continue to 'cover' shorts and adjust positions ahead the FOMC announcement. Prices rose to a morning Hi at our initial Resistance level of 86.45, before sliding to a to a morning Lo of 86.22. ... mehr the currency report
Bob Kozak I Alaron Research - 28 June 2006
U.S. DOLLAR INDEX (DXU6): The DX opened higher at 86.20 as traders continue to 'cover' shorts and adjust positions ahead of Thursday's much anticipated rate decision. A rate increase has been discounted, but now the question is will it be 25bp or ... mehr the currency report
Bob Kozak I Alaron Research - 26 June 2006
U.S. DOLLAR INDEX (DXU6): The DX opened lower at 86.22 as comments from ECB officials about a possible rate increase as soon a August, along with word that the United Arab Emirates may diversify up to $2 Billion in Dollar reserves into the EC sent the DX to a morning Lo at ... mehr the currency report
Bob Kozak I Alaron Research - 21 June 2006
The following information and technical indicators are designed to assist you in your decision making process for investing in the Currency Market. I strongly suggest each investor have a plan to follow for each trade that will determine: entry level, profit objective and risk tolerance, to help ... mehr the currency report
Bob Kozak I Alaron Research - 01 June 2006
The following information and technical indicators are designed to assist you in your decision making process for investing in the Currency Market. I strongly suggest each investor have a plan to follow for each trade that will determine: entry level, profit objective and risk tolerance, to help ... mehr the currency report
Bob Kozak I Alaron Research - 30 May 2006
U.S. DOLLAR INDEX (DXM6): The DX opened lower at 84.40 as a stronger than expected increase in Euro Zone M3 money supply helped spur pressure of a possible 50bp rate increase in th EC. The resignation of Treasury Secretary Snow sent the DX to a morning Lo of 84.00, as his ... mehr the currency report
Bob Kozak I Alaron Research - 26 May 2006
Holiday Trading Session - CME Pit Session Closes at
1:00 PM EST, Globex Closes at 4:15 PM EST. U.S. DOLLAR INDEX (DXM6): The DX opened higher at 84.90 and rose to a morning Hi of 84.95 as traders cover shorts ahead of perceived bullish economic data. A ... mehr the currency report
Bob Kozak I Alaron Research - 25 May 2006
U.S. DOLLAR INDEX (DXM6): The DX opened higher at 84.45 as traders cover shorts and seek a 'flight to quality' in U.S. fixed income securities on concerns that the 'bird flu' has mutated from animal to humans. Foreign entities convert their currency to DX to ... mehr the currency report
Bob Kozak I Alaron Research - 24 May 2006
U.S. DOLLAR INDEX (DXM6):The DX opened higher at 84.30 as traders take profit/risk off the table in the EC after a weaker than expected business confidance indicator for France set the tone for less exhuberance for possible rate increases. Firmer metal and energy ... mehr the currency report
Bob Kozak I Alaron Research - 22 May 2006
U.S. DOLLAR INDEX (DXM6):
The DX opened higher at 84.93, but off the 'over-night' Hi of 85.35 as Asian traders took profit/risk off the table ahead of the U.S. open. Prices retraced to a morning Lo of 84.34 as shorts covered most other major foreign currencies, on a slow economic data ... mehr the currency report
Bob Kozak I Alaron Research - 19 May 2006
U.S. DOLLAR INDEX (DXM6):
The DX opened lower at 84.64, as traders await economic data and comments from Fed Chief Bernanke. Prices rose to a morning Hi of 84.70, but weaker than expected Jobless Claims and Leading Indicators found traders ... mehr the currency report
Bob Kozak I Alaron Research - 09 May 2006
The following information and technical indicators are designed to assist you in your decision making process for investing in the Currency Market. I strongly suggest each investor have a plan to follow for each trade that will determine: entry level, profit objective and risk tolerance, to help ... mehr the currency report
Bob Kozak I Alaron Research - 04 May 2006
U.S. DOLLAR INDEX (DXM6):The DX opened higher at 85.60 as 'shorts' cover ahead of an expected increase in Factory Orders and a corrective bounce ahead of Friday's Non-Farm Payroll report. Prices rose to a morning Hi of 85.85 after the Factory Orders and ISM Non-Mfg Index reported ... mehr
|
