Seasonal & correlation patterns suggest gold could be a steal in November or December. Post-Diwali demand drops, and a stronger dollar plays a role. The dollar index traded in a narrow range, mostly between 97 and 99, in October. The index has been stuck in neutral, but all fiat currencies have continued to lose value over the past month. The force index indicator is a technical tool used by traders to measure the power behind movements in the price action.
Barchart Technical Opinion
Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Gold reclaims the $4,000 psychological mark heading into the European session on Friday, though it remains below the overnight swing high amid mixed cues. The New Highs/Lows widget provides a snapshot of US stocks that have made or matched a new high or low price for a specific time period. Stocks must have traded for the specified time period in order to be considered as a new High or Low.
It serves as a gross measure of market activity, indicating the pace at which the nation’s economy is growing or contracting. Generally, a high reading or better-than-expected number is considered positive for the Dollar Index, while a low reading is seen as negative. The Quote Overview page gives you a snapshot view for a specific index. During market hours, indices are 15 minute delay, ET. New delayed trade updates are updated on the page as indicated by a “flash”.
The US Government
- Post-Diwali demand drops, and a stronger dollar plays a role.
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- Risk appetite has not fully enjoyed the treats of a Fed rate cut, strong earnings and trade peace.
- This is to be expected since the average includes data from the previous, lower priced days.
The dollar index (DXY00) on Thursday fell by -0.49%. The dollar retreated on Thursday after a report from Challenger showed US job cuts in October surged by 175% y/y, the most in 22 years, bolstering the outlook for the Fed to keep cutting interest rates. Also, the dollar is still under pressure from the ongoing US government shutdown. The longer the shutdown is maintained, the more likely the US economy will suffer and the more likely the Fed will have to cut interest rates. The Barchart Technical Opinion widget shows you today’s overall Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods.
FRED Graph
Losses in the dollar were limited on Thursday after stocks fell, which boosted liquidity demand for the dollar. Also, hawkish comments from Chicago Fed President Austan Goolsbee and Cleveland Fed President Beth Hammack were supportive of the dollar when they said they favored no additional Fed rate cuts. Risk appetite has not fully enjoyed the treats of a Fed rate cut, strong earnings and trade peace. Fedspeak, the US Supreme Court and US data could challenge the Dollar’s current strength. Aussie and Pound are on divergent paths as respective central banks meet next week. The preliminary Michigan Consumer Sentiment Index data will be eyed later in the day.
US Dollar Index – Basket of Foreign Currencies
Select automatic updates to the data or a static time frame. For questions on FRED functionality, please contact us here. Whether you’re a bull or a bear this week, here’s an options strategy for you. The below comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction .
For the major indices on the site, this widget shows the percentage of stocks contained in the index that are above their 20-Day, 50-Day, 100-Day, 150-Day, and 200-Day Moving Averages. Trade relations, global growing seasons, and moves in the dollar, gold, and silver are important catalysts to watch this week. The Federal Reserve delivered its second consecutive interest rate cut on Wednesday, lowering its benchmark rate by a quarter-point to a range of 3.75% to 4.0%. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc.
- Stocks must have traded for the specified time period in order to be considered as a new High or Low.
- The dollar index (DXY00) on Thursday fell by -0.49%.
- The dollar index traded in a narrow range, mostly between 97 and 99, in October.
- Losses in the dollar were limited on Thursday after stocks fell, which boosted liquidity demand for the dollar.
When prices are rising they are usually above the average. This is to be expected since the average includes data from the previous, lower priced days. As long as prices remain above the average there is strength in the market. The U.S. Dollar Index is a measure of the value of the United States dollar relative to a basket of six foreign currencies. The Index goes up when the U.S. dollar is stronger compared to other currencies. US Gross Domestic Product (GDP) refers to the total market value of all final goods and services produced in the United States.
In theory, Backtesting the direction of the moving average (higher, lower or flat) indicates the trend of the market. Longer averages are used to identify longer-term trends. Shorter averages are used to identify shorter-term trends. Many trading systems utilize moving averages as independent variables and market analysts frequently use moving averages to confirm technical breakouts.
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SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc. Barchart Insider Commentary brings you breaking stories affecting today’s markets. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. The Barchart Technical Opinion rating is a 24% Buy with a Weakening short term outlook on maintaining the current direction. The Russian ruble has emerged as one of 2025’s strongest currencies, supported by high interest rates, tight capital controls, and optimism over a potential ceasefire in Ukraine — making the USD/RUB… March Euro currency futures present a selling opportunity on more price weakness.
