Tag Archives: us dollar

Friday Recap – 3/13/15

After yesterday's rally, the sellers returned in full force today, driving down stocks and sending the US Dollar to a fresh 12+ year high as it soared almost 1% higher against a basket of depreciating currencies.  I'll get into the US Dollar and the basket of depreciating currencies later, let's look at the market, where it could be headed, and what we can do about it.

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Friday Focus: It’s The Dollar Stupid

Today's job report came in much better than expected, but what has continued to go as expected is the US Dollar's rally.  While the jobs report today changes the mindset of market participants concerning the Federal Reserve's stance on interest rate policy, the fire for continued US dollar strength was already ignited.   Today's report  merely fanned the flames.

Just a few weeks ago the US Dollar was coiling up to spring to new highs, it did not disappoint breaking swiftly out of this beautiful pennant formation:

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