USD Tag

When 61 Basis Points Seems Like A Lot

10 Dec, by Knowledge Leaders Team in Uncategorized

As of the close yesterday, the US two-year treasury yield was sitting at 61 basis points. For a little perspective, the two-year started the year at 39 basis points and hit a low in September 2011 of 17 basis points....

Have Estimate Revisions Bottomed?

21 Oct, by Knowledge Leaders Team in Uncategorized

A few weeks ago we discussed how the USD was negatively impacting sales and EPS estimate revisions. The dollar’s rise since then has stalled somewhat which has us wondering if we have seen a bottom in sales and EPS revisions?...

Copper Breaking Through Important Support as USD Continues to Surge

22 Sep, by Knowledge Leaders Team in Uncategorized

Copper, after having been turned down by the falling trendline last week, is breaking down through the upward sloping support line today. The technical pattern formed in copper is known as an ascending triangle pattern, and breaking below the rising support line is generally taken...

Flattening Yield Curve and Strong Dollar go Hand in Hand

27 Aug, by Knowledge Leaders Team in Uncategorized

With today’s action in the bond market (30-year treasury yields made new 1-year lows, finishing down 6bps, and 10-year treasury bonds nearly made new 1-year lows, finishing down 4bps), the long end of the yield curve is the flattest it’s been since the fall of...

ForEx in Point-and-Figure

15 Jul, by Knowledge Leaders Team in Uncategorized

While we mostly use our point-and-figure charts to gauge the relative strength of a stock versus a benchmark, we also look at things like currencies– albeit on an absolute basis– in order to get a better picture, with less noise....

The US Dollar Still Looks Undervalued

13 May, by Knowledge Leaders Team in Uncategorized

So far in 2014 we have seen the dollar lose ground on a Purchasing Power Parity basis against most major currencies in the world. By our count, the dollar is undervalued against 15 major currencies and overvalued against just 3 (Hong Kong Dollar, Japanese Yen,...

How Bullish is a Bull Flattener?

27 Mar, by Knowledge Leaders Team in Uncategorized

Over the last 4.5 months the spread between the 30 year treasury yields and 10 year treasury yields has fallen from 112bps to 85bps, a difference of 27bps, and that spread has been falling fast in recent weeks....