Is The Dollar Overvalued?

Lior Alkalay - Contributor - Forex

The US economy just seems to get better and better; better than robust retail sales, knockout earnings in payrolls and confident consumers raring and ready to spend more and more. Yet, after a rally that stretched all the way from early May, the last few days have been rather mixed for the Dollar, turning its monthly return against peer currencies into a virtual flat line. What might be the reason for that and should it affect your FX strategy? The answer to those questions is our focus for today.

The Growth Gap

If the outlook for the US economy and the US Dollar are so positive, what then could make investors question their Dollar bullish bets? Continue reading "Is The Dollar Overvalued?"

Let's Take A Look At The Currency Markets

In light of the news from the land of the rising sun and the sinking currency, let’s reserve NFTRH 315’s only real charting for a big picture monthly view of currencies, to which we usually give just a brief update, and then some misc. big picture monthly charts [not included in this excerpt] as we try to gain perspective on things that may seem illogical to our rational minds.


Yen is losing the next level of support.  BoJ saw that support too. I’ll bet they also took note of the big October bounce and found it unacceptable.


The Euro is losing the support zone after bouncing above it in-month. Continue reading "Let's Take A Look At The Currency Markets"