Here are some of the most noteworthy new highs and lows across the markets for Friday, October 4, 2019. Nike $NKE Hits New All-Time…
Tagged $FXA
Setting The Trend
Key trendlines are being tested — or broken — across the financial market spectrum. We would have titled this post “Trend-Setting”, except we already used…
Loonie Rally About To Hit The Brakes?
The brisk 3-month rally in the Canadian Dollar has brought the currency back to the 2015 breakdown level of decade-long support. We don’t typically cover…
Australian Stocks Drop “Down Undah” Key Support
You may hear the term “decouple” bandied about in investment circles when discussing global markets. It simply refers to one market’s ability to move irrespective of…
U.S. Dollar Rally Experiencing Its First Adversity Despite all the milestones and records taking place this week in the equity market, at home and abroad,…
Commodity Currencies Breaking Down
One of the casualties of the ongoing rout in commodities has been currencies in countries whose economic output is substantially tied to commodities. Specifically, Australia and…
UPDATE: Australian Dollar ($FXA) >93, Up 3% Since 2/19 ChOTD “Bottom” Post
On February 19, our Chart of the Day was the potential bottom in the CurrencyShares Australian Dollar ($FXA). Since then, FXA is up 3% and hit…
ChOTD-2/19/14 Australian Dollar: Trying to Bottom?
Originally posted on 2/19/14: stks.co/s00Uf