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Dollar Index – Daily Chart 6th April 2009

The tone in last week’s dollar index daily chart was decidedly bearish with Friday’s close finishing below all three moving averages mirroring the dollar’s overall poor performance against the basket of currencies.  Last week’s dollar weakness came on the back of continuing optimism in the...

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Currency Options Weekly Outlook – 2nd April 2009

With the raft of economic and fundamental news due for release this week, along with the G20 summit in London, and the Non Farm Payroll figures on Friday, trading currency options provides a safer and more balanced approach to trading currency, than simply opening long...

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US Dollar Index – 31st March 2009

Friday’s candle provided a slight pause in the recent rally in the US dollar index of the last few days, and closed with a shooting star pattern following the wide spread up bar of the previous day. The close of the day finished above the...

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