From the Desk of Ian Culley @IanCulley

Challenging conditions prevail across currency markets. 

It’s victory at sea! 

But that’s not stopping the ...

From the Desk of Ian Culley @IanCulley

It’s messy out there.

The CPI data came in a little warmer than expected today. And currency markets aren’t quite sure what to...

From the Desk of Ian Culley @IanCulley

The US dollar index $DXY has some extra pep in its step after posting three consecutive daily gains.

In fact, the past few days constitute its largest three-day gain since the index...

From the Desk of Ian Culley @IanCulley

Everyone wants to know where the dollar is headed next.

It’s great investors are showing interest in the dollar, while understanding the impact it has on risk assets at the moment. ...

From the Desk of Ian Culley @IanCulley

I haven’t ruled out a US dollar bounce. 

But it seems less likely with each passing day.

Other major...

From the Desk of Ian Culley @IanCulley

Perhaps you’ve noticed that I don’t use moving averages.

For starters, I don’t like the way they look.

They muddy the pristine waters of price. And if I can't pick up on the...

From the Desk of Ian Culley @IanCulley

Is the dollar going to finally bounce?

As I pointed out last week, if there was ever a place or time – it's’...

From the Desk of Ian Culley @IanCulley

I’m not big into seasonality.

I pay attention to it, of course. But it’s not in my top three data points after price. 

Don’t get me wrong, seasonality brings context and enhances...

From the Desk of Ian Culley @IanCulley

What a year for currency markets!

The USD/JPY tested its 1998 highs marked by the Asian Financial Crisis. The British pound revisited its all-time lows. And the euro fell below parity...

From the Desk of Ian Culley @IanCulley

What do you do when the party gets out of hand?

You raise the roof!

That’s what the Bank of Japan (BoJ) did yesterday as its former yield curve control policies became untenable....

From the Desk of Ian Culley @IanCulley

The forex and futures markets will provide bountiful ways to trade a weakening dollar.

Unfortunately, some of our initial...

From the Desk of Ian Culley @IanCulley

The US dollar Index $DXY is running into support at a shelf of former highs. 

How it reacts will influence how stocks fare...

From the Desk of Ian Culley @IanCulley

The 2020 V-shaped recovery has warped investors’ brains. 

But this is nothing more than recency bias. In reality, bottoms are a process, not an event. 

Don’t fall victim to...

From the Desk of Ian Culley @IanCulley

It’s time to short the USD. 

Based on the weight of the evidence, our bias for the US dollar has flipped bearish. ...

From the Desk of Ian Culley @IanCulley

The dollar experienced significant volatility last week, posting its largest single-day loss since 2015.

As far as we’re concerned,...

From the Desk of Ian Culley @IanCulley

For weeks, I’ve been itching to call a top in the US Dollar Index $DXY.

...