USD Tag

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....

Is the Yen Hinting at a December Taper?

12 Dec, by Knowledge Leaders Team in Uncategorized

We’ve been highlighting how S&P 500 futures and the YEN/USD cross have basically been moving tick for tick recently, so we thought it prudent to point out that the relationship has basically dissolved over the last two days, and in fact has started to reverse....

It’s a No Taper Day Today on Wall Street

22 Nov, by Knowledge Leaders Team in Uncategorized

Despite Fed minutes that left the door open to a December taper contingent on better economic stats, the markets are taking the relatively upbeat data over the last two days in stride....

Taper Trade Back In Play

01 Nov, by Knowledge Leaders Team in Uncategorized

The taper trade appears to be back on this week.  Some of the basic symptoms of this trade are: 1) higher interest rates, 2) higher US dollar, 3) lower gold and 4) weakening stocks.  Charts below showing the last 10 days of activity reveal this...