You're overthinking the whole dollar and oil connection. 

As a trader, I love finding intermarket relationships to guide the way I look at markets. While those links matter, I have to remember that they aren’t set in...

The dollar is weaker than you think. 

This is a major development in the forex market. And when we look under the hood, things are even worse than they appear for the greenback.

With more and more global...

The question we're asking ourselves today is a big one.

Is the US Dollar breaking down from a multi-year consolidation?

With the dollar rangebound all year, we haven’t experienced a trending currency market. 

When the dollar is...

From the Desk of Ian Culley @IanCulley

The US Dollar Index $DXY is finishing the day relatively unchanged.

Today’s much anticipated CPI print failed to move the needle for the greenback.

On the flip side, $DXY’s most...

From the Desk of Ian Culley @IanCulley

Let everyone grumble over the Japanese yen.

I get it. The yen was cast as the villain decades ago, and something or someone must take the blame for the VIX hitting 65 earlier this week....

From the Desk of Ian Culley @IanCulley

Remember when anything priced in yen was trending higher?

It wasn’t too long ago that if you were looking for an uptrend, all you had to do was throw the yen in the denominator, and ...

From the Desk of Ian Culley @IanCulley

One week, the buck is breaking down. The next, it’s ripping higher.

With commodity currencies...

From the Desk of Ian Culley @IanCulley

The bull market is back! 

The major indexes are hitting new all-time highs, and so is gold. 

Small-caps are...

From the Desk of Ian Culley @IanCulley

The talking heads are forecasting choppy market conditions and a significant correction for Q3.

News flash: The market has been messy for months. And we already experienced...

From the Desk of Ian Culley @IanCulley

The smart money is snatching up Canadian dollars.

Last month, commercial hedgers extended their Canadian dollar exposure to their largest net-long historical position.

While...

From the Desk of Ian Culley @IanCulley

So much for buying the Japanese yen.

Forex markets are taking a shot at the Japanese currency as the aussie...

From the Desk of Ian Culley @IanCulley

Check out these currency headlines:

The Buck Strikes Back… 

...

From the Desk of Ian Culley @IanCulley

The US Dollar Index $DXY is violating its year-to-date trendline.

Is this it? Will the dollar finally follow the breakdowns in...

From the Desk of Ian Culley @IanCulley

All signs point to a weaker dollar.

Crude oil slipping below 78…...

From the Desk of Ian Culley @IanCulley

Risk assets are enjoying record-breaking highs.

Dr. Copper, Papa Dow, and international equity indexes such as the FTSE...

From the Desk of Ian Culley @IanCulley

May showers and meme stocks are rolling through.

Roaring Kitty is back, leaning into his detractors with his...

From the Desk of Ian Culley @IanCulley

Buyers are coming to the dollar’s rescue following last week’s drop.

But I’m still bearish. 

Of course, none of that matters if the US Dollar Index $DXY continues to rally and these...

From the Desk of Ian Culley @IanCulley

The Japanese government isn’t playing games.

Currency crisis or not, Tokyo is willing to defend the yen in the open market. It's proven this multiple times over the past three years, and...

From the Desk of Ian Culley @IanCulley

Did you see the candlestick in the Mexican peso last Friday?

It was all wick!

The way I learned it, you want to trade in the opposite direction of blow-offs like this. 

That...

From the Desk of Ian Culley @IanCulley

Have you noticed these trends driving the markets?

Commodities are ripping. The energy sector is outperforming. Interest...

From the Desk of Ian Culley @IanCulley

Interest rates are climbing worldwide. The US dollar is dominating the pack.

And commodities are kicking off the next leg of...

From the Desk of Ian Culley @IanCulley

Last week’s tactical setups are heading toward our targets as G10 currencies lose ground against a rising...

From the Desk of Ian Culley @IanCulley

Currency markets refuse to choose a direction.

Up, down, or sideways: None appeal to the major US dollar pairs.

Meanwhile, the US Dollar Index $DXY is catching toward the upper...