US Dollar Outlook: DXY Index Recoils Higher – Where to Next?

The US Dollar snapped back higher on Tuesday to reverse prior session losses. Can the DXY Index overcome nearside technical resistance or will US Dollar bears throttle the Greenback lower?

from DailyFX – Market News https://bit.ly/3tjZgHM
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Nasdaq 100 Nosedives as Dow Jones Holds Firm, is the Rotation Trade Back?

Technology stocks and the Nasdaq 100 nosedived Tuesday as the Dow Jones and industrial-facing stocks inched higher. The disjointed price action reawakened discussion around a popular macro trade.

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ZAR Strength May Soon Dissipate: Q2 Top Trading Opportunities

With markets starting to digest the U.S. stimulus package as well as Europe’s PEPP program, it may be time for these two major currencies to begin to recover against the ZAR.

from DailyFX – Market News https://bit.ly/3dKMoV5
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Dogecoin Rockets 30% as Crypto Traders Flee Bitcoin, Ethereum

Dogecoin (DOGE/USD) briefly pierced the $0.60 price level thanks to today's massive 30% gain that crippled Robinhood's platform. Ethereum is pulling back from its record and Bitcoin keeps lagging.

from DailyFX – Market News https://bit.ly/33ewfCH
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NZD/USD Confined by March Range Ahead of New Zealand Employment Report

New Zealand’s Employment report may keep NZD/USD confined within the March range as the fresh figures are anticipated to show a slowing recovery in the labor market.

from DailyFX – Market News https://bit.ly/2RtJyg4
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