Dollar Surges on ADP Job Report + Oil Longs Pending Entry

Dollar Surges on ADP Job Report + Oil Longs Pending Entry

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The US Dollar Index (DXY) is up 0.65% for the day as the ADP job numbers came out better than expected. Despite this, Crude (Oil) is gearing up for an entry long. This morning ADP job numbers came out at 978,000 versus the forecast of 645,000.…
Dollar Rejects 90.00, Gold and Oil Moments Away From Entry!

Dollar Rejects 90.00, Gold and Oil Moments Away From Entry!

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The US Dollar Index (DXY) has once again rejected 90.00 after a brief visit. With that in mind, Gold and Crude (Oil) are both looking to push higher against the weaker Dollar. The past 4-6 weeks have been a struggle for the Dollar as the…
Crude Oil Longs Pending + Dollar Looks to Revisit 90.00

Crude Oil Longs Pending + Dollar Looks to Revisit 90.00

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The US Dollar Index has once gained pushed back in an attempt to reach 90.00. Meanwhile, Crude (Oil) is set to push to new highs as economies reopen up globally. After reaching 89.700, the Dollar has reacted bullishly with a hammer as the…