News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Forex Strategy Video: Dollar Steady but Outlook Bullish

Forex Strategy Video: Dollar Steady but Outlook Bullish

John Kicklighter, Chief Strategist

Talking Points:

• The dollar - like most currencies - is struggling for drive with risk trends meandering and NFPs ahead

• Scenarios for sentiment trends and yield forecasts, however, largely support the greenback

• The missing component for a dollar rally is a rebound in market-wide activity and conviction

What kind of Trading best suits you? Technical or Fundamental? Short-term or Long-term? Take our Trader Survey and find out.

The dollar has floundered these past weeks as more active counterparts move the majors back and forth. While the benchmark currency is adrift in the absence of market conviction and ahead of US NFPs; running through its fundamental scenarios, its potential has a decidedly bullish lean. If risk aversion kicks in, the greenback's safe haven appeal is revived. Should speculative appetites maintain course, the Fed's upgraded yield outlook will further gain traction. If fundamentals temper globally, the central bank's Taper dedication will draw a stark contrast to more sympathetic central banks like the ECB, BoJ and PBoC. The dollar's options look encouraging, we are just missing volatility. We discuss the dollar's medium-term view in today's Strategy Video.

Sign up for John’s email distribution list, here.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES