The recent rise in the dollar has its origins in soaring interest rates on American debt.

The dollar index has risen by almost 5% since mid-July, to the point that it is now above its 200-day moving average. Technical evidence now calls for a continuation of the increase with the 107.10/80 zone in the spotlight, while the last obstacle is only a stone's throw away, it stands at 104.60, or 1.0760 in parallel

Commodity currencies continue to look gray when it comes to them. The kiwi has already reached 0.5905, which we can filter with the 0.5880/65 zone before considering more ambitious objectives around 0.5770 or even a re-test of the October 2022 lows at 0.5563. The Aussie has been misoriented since the 0.6600 broke with the 0.6305 as the target