0.00Open7.10Pre Close0 Volume0 Open Interest26.00Strike Price0.00Turnover0.00%IV-12.67%PremiumJan 17, 2025Expiry Date9.23Intrinsic Value100Multiplier25DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma1.82Leverage Ratio--Theta--Rho--Eff Leverage--Vega
DB US Dollar Index Bearish Powershares Stock Discussion
$Powershares Exchange Traded Fd Tst Db Us Dollar Index Bullish Fund Etf (UUP.US)$ $Wisdomtree Trust Bloomberg U S Dollar Bullish Fd (USDU.US)$ $DB US Dollar Index Bearish Powershares (UDN.US)$
$Powershares Exchange Traded Fd Tst Db Us Dollar Index Bullish Fund Etf (UUP.US)$
$DB US Dollar Index Bearish Powershares (UDN.US)$
$Wisdomtree Trust Bloomberg U S Dollar Bullish Fd (USDU.US)$
$SPDR S&P 500 ETF (SPY.US)$
The Dollar is Still Technically Bullish
Today was the first day in a while that showed possible dollar weakness. Technically, the dollar is still within its bullish vector that has held up the currency for a couple of months. So there is no urgent need to exit any bull...
It is still early so I'm not going to jump in too early. Ideally, I would like to see some accompdative economic data to be confident in dollar bullishness. Like a skyrocketing trade balance, or data indicating economic growth.
Will Inflation Make a Comeback?
If inflation experiences a slight resurgence then that could put upward pressure on the dollar as the open m...
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $iShares Russell 2000 ETF (IWM.US)$ $Russell Midcap Index Ishares (IWR.US)$ $Powershares Exchange Traded Fd Tst Db Us Dollar Index Bullish Fund Etf (UUP.US)$ $DB US Dollar Index Bearish Powershares (UDN.US)$
The dollar index has experienced its first move out of a very strong upward price channel it has been confined within during its current rally. Could this be the start of a major correction? Or perhaps this could be a small consolidation period before a continuation of the rally.
Short-Term Correction?
On the more recent timeframe, using 1-hour candles, you can see a downward price channel. This resulted from less hawkish statements from Fed officials and...
Macro Update
Over the weekend, the Bank of Japan Governor Kazuo Ueda said that the central bank could end its negative interest rate policy when the 2% inflation target is sustainability achieved. He added that the BOJ could have enough data by the end of the year to determine whether it can proceed with policy changes.
Yen futures are reacting strongly to start off the week in japanese bond and forex markets. The yen has taken a beati...
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