The USDOLLAR has traded independently of rates over the last week. Their correlation may reassert.
EMBasket (EMBASKET)
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Top Movers
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Past Performance: Past Performance is not an indicator of future results.
The EMBasket ("Emerging Markets Index") is an Emerging Markets benchmark and is designed to reflect the change in value of the USD against a basket of minor world currencies. The Index was developed by FXCM.
The USDOLLAR has traded independently of rates over the last week. Their correlation may reassert.
The pair is in a good mood today after last week’s US CPI-fueled decline and remains contained within the daily Ichimoku Cloud, looking for catalysts
The USDOLLAR has shown stability and is yet to break down from its daily head and shoulders pattern conclusively.
The pair is in consolidation mode after Wednesday’s US inflation-fueled surge, little changed by the UK GDP release today
The pair jumped yesterday after US headline CPI eased, which led to dovish market repricing around the Fed’s next rate move, but some officials pushed back
USDOLLAR daily price action has charted a head and shoulders top.
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