The U.S. Dollar Rally Looks Ready to Reverse

The U.S. Dollar Rally Looks Ready to Reverse The Fed's first rate hike since 2023 lit a fire under the U.S. dollar. Now DXY looks overbought at a key resistance level – and a reversal could be next… Written by Larry Benedict Published on Oct 1, 2026 Interest rates in the U.S. are on the move, and the stakes are high for the biggest financial market in the world. The Federal Reserve made the first U.S. hike in over three years when it raised interest rates by 0.25% last month. The U.S. already has one of the highest central bank rates in the world among developed economies. And current market odds favor several more hikes into 2027. I warned you several weeks ago that rising rates could spark a rally in the U.S. dollar, which is exactly what happened. Now the move looks stretched and could set up the next trading opportunity…

Recommended Links Bitcoin Up or Down, This Trade Pays Either Way Most traders need Bitcoin to rise. Larry Benedict’s readers had chances at $6,000… $9,000… and even $22,000, no matter which way BTC moved. No coins, no wallets, no crypto exchanges. Just a regular brokerage account. The full strategy is revealed in this free interview. Will the Banks Try to Ban This? Americans are discovering a rare "29% account" that pays 72x more than what your bank offers. It's NEVER been advertised to the general public… the big banks and financial giants have kept it to themselves for decades. Now it's available to everyday Americans - and banks are NOT happy about it. Discover the "29% account" here before they try to ban it.

How the Fed’s Rate Hike Sparked a Dollar Rally The currency market has traded $9.6 trillion a day on average, more than any other market. The U.S. dollar is the most traded asset in the world, and the U.S. Dollar Index (DXY) is a popular way to measure movements in the dollar against a basket of other major currencies. That includes the euro, British pound, and Japanese yen. I noted last month that interest rate shifts across different countries can impact currency pairs. Interest rates are a fundamental part of currency trading, acting like a relative valuation tool. Money flows to where it can earn the best return. So countries with higher interest rates tend to attract capital, and their currencies rise. Countries with low rates often see their currencies fall. Before the Fed met to set rates in September, I had this to say: The Fed could be a big catalyst for currency markets when it meets. Expectations are growing that the Fed will need to raise interest rates to help keep inflation under control. At the same time, a bullish reversal pattern is forming on DXY. Take another look at the short-term DXY chart: A recent pullback in DXY saw the dollar get extended far below its 50-day moving average (blue line). At the same time, a positive momentum divergence is forming on the Relative Strength Index (RSI). That divergence, plus the Fed’s rate hike, sparked a rally in DXY. Subscribers to my Currency Wizard trading advisory were positioned to profit from dollar strength versus the euro, which allowed us to close out our position for a nice 92-pip gain. But now signs point to DXY getting extended to the upside while the rate outlook is evolving once again. Here’s the key DXY level coming into play and why it could spark another trading opportunity… Tune in to Trading With Larry Live Each week, Market Wizard Larry Benedict goes live to share his thoughts on what’s impacting the markets. Whether you’re a novice or expert trader, you won’t want to miss Larry’s insights and analysis. Even better, it’s free to watch. Visit us on YouTube to catch the latest! Why DXY Looks Overbought Now While the Fed is raising interest rates, other developed nations are expected to catch up and close the gap on rates. The Fed’s preferred inflation gauge – Personal Consumption Expenditures (PCE) – was also reported this week. Core inflation rose by 3% in August, which was much less than expected. That’s easing fears of a fast rate-hiking cycle, which should be bearish for the dollar. At the same time, the rally in DXY looks like it has gone too far and is showing signs of exhaustion. Here’s the updated chart: The rally in DXY has brought it back to the highs from July, which is a resistance level tested a few times going back to 2025. At the same time, DXY is getting extended far above the 50-day moving average (MA – blue line). The RSI also hit the second most overbought level since the start of 2025. The dollar rally looks stretched and ready to reverse. Expectations around the Fed following the latest inflation report could become the catalyst for a move once again. So stay alert. I suspect we’ll have some good trading opportunities as this dynamic plays out in the days ahead. Regards, Larry Benedict Editor, Trading With Larry Benedict P.S. If you missed last night’s event, you get a second shot… The replay of The Dollar Trap Summit is available for a brief time. But given what Jeff Brown and I expect to happen on October 7, there’s not much time left to prepare. Watch the replay now to learn about the trap… and how you can turn the threat into a profit opportunity… Get Instant Trade Alerts on Mobile! Click the icon below from your mobile device to download The Opportunistic Trader app today for one-tap access to trade alerts, issues, and model portfolios for all of Larry’s services. Available in the app store on Android and iPhone. More stories like this Read the latest analysis on hot growth stocks, and market-moving developments The Feedback Loop That Makes Options Move the Stock Sometimes options don't just follow a stock – they move it. But the feedback loop that can send a stock soaring can reverse just as fast… Sep 30, 2026 • 4 min read The Q4 Trap: Don’t Let the Calendar Control Your Trading As the final quarter begins, the urge to chase a year-end comeback can wreck your account. Here’s why discipline beats the deadline… Sep 29, 2026 • 3 min read Why Beaten-Down Financials Are Primed for a Bounce Market breadth just hit an extreme not seen since March. Here's why beaten-down financials like XLF could be primed for a snapback rally… Sep 28, 2026 • 3 min read 1125 N Charles St, Baltimore, MD 21201 www.opportunistictrader.com To ensure our emails continue reaching your inbox, please add our email address to your address book. This editorial email containing advertisements was sent to reunisoft.cryptonews@blogger.com because you subscribed to this service. To stop receiving these emails, click here. The Opportunistic Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-208-6550, Mon–Fri, 9am–5pm ET, or email us here. © 2026 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. Privacy Policy | Terms of Use

NEWS: Introducing Blockworks MCP

Our data, your agents  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

There has never been a better time to build. One person with an agent can ship in a weekend what used to take a team a quarter. The one thing an agent can't do is discern the data underneath it. A model can't tell a good number from a bad one, and a stale figure still comes back as a clean, confident chart. Blockworks MCP gives your agent the same standardized, sourced data behind our research and Blockworks Intel. It finds the right dataset in our catalog on its own, pulls what it needs, and gets to work. With our MCP, you keep the model, the prompts, and the interface, and our team keeps the data current.  In ChatGPT, add the official Blockworks plugin. In Claude, Cursor, or any other MCP client, paste one URL and sign in once with your Blockworks API key. Find setup guides for each client at docs.blockworks.com. It's the only MCP in the world that can return all of this in one place: prices, exchange data, onchain metrics, REV, protocol financials, stablecoins, tokenized stocks, tokenized commodities, ETFs, treasury companies, funding rounds, investors, M&A, token unlocks, mindshare, sentiment, issuer disclosures, research, news, governance proposals, diligence reports, conference transcripts and podcasts. It runs on the same data models as the Blockworks API and Blockworks Intel, so the numbers match everywhere you see them. P.S. To learn more, read our launch announcement or X update.    Update your email preferences or unsubscribe here © 2026 Blockworks Events 133 W 19TH ST New York, New York 10011, United States

Morning Message: 6 Key Potential Catalysts Pin Low Float (Nasdaq: SGLD) To Our Radar

Hole 26MN-115 went into the ground

Any content you receive is for information purposes only. Always conduct your own research. *Disseminated on behalf of Scorpio Gold Corporation Morning Message: 6 Key Potential Catalysts Pin Low Float (Nasdaq: SGLD) To Our Radar *Click Here To Get Our Alerts Faster Via SMS* October 1st Greetings Readers, Hole 26MN-115 went into the ground at Goldwedge like dozens of holes before it. When the assays came back, Scorpio Gold Corporation (Nasdaq: SGLD) reported 3.02 g/t gold across 48.92 metres, including 5.24 metres grading 19.29 g/t. A second hole, 26MN-118, returned 1.19 g/t over 99.94 metres. That is a continuous run of mineralization longer than a football field. The release landed September 2nd. One day earlier, the company's American Depositary Shares had opened on the Nasdaq Capital Market under the symbol SGLD. History gives this story weight. The Manhattan District has produced roughly 700K ounces of gold since the late 1890s, and it sits about 15 kilometres south of Kinross's Round Mountain mine, which has produced more than 15Mn ounces, according to the SGLD's September 17th update. The scale is growing too. Phase Two now totals 114 holes and 32,585 metres, and the district already carries a maiden estimate of 740K ounces at 1.26 g/t in the inferred category. SGLD CEO Zayn Kalyan said grades like these open the door to a potential underground starter operation. Headline 2026 intercepts ranked by gram-metres. Data from Scorpio Gold's August 10th and September 2nd releases and earlier 2026 drill updates. Behind The Scenes: The CEO On The Record Kalyan sat down for a September 19th podcast interview a few weeks after the Nasdaq listing. He spent little time on the listing itself. Instead, he walked through what the drills are finding and where the team plans to aim next. Then he pulled out the map. His team is concentrating on a 2 kilometre strike inside an 8.5 kilometre package that holds past-producing mines and five historic resources. Two drills are turning, and the stated target is a resource update toward 2Mn ounces.   He also noted the company holds roughly C$8Mn after a no-warrant financing at C$0.25 per share. About Scorpio Gold Corporation Scorpio Gold Corporation is a Vancouver-based gold explorer and developer with one clear focus. It holds 100% of the Manhattan District in Nevada's Walker Lane Trend. The package includes the advanced exploration-stage Goldwedge Mine and four past-producing pits acquired from Kinross in 2021, backed by more than 140,000 metres of historical drilling plus permitting and water rights. The company doesn't generate mining revenue today. It funds drilling from its treasury and asset sales. It sold its Mineral Ridge subsidiary in August 2025 for total consideration of $7.5Mn, and it received the second deferred payment in May 2026. It then closed a C$10.8Mn public offering on July 23, 2026, with Velocity and Raymond James as agents. Its Q2 MD&A shows $8.43Mn of exploration capitalized at Goldwedge in the first half of 2026. The larger theme is domestic gold supply from a proven jurisdiction. Nevada's stable permitting and deep mining history make it one of the most closely watched places to find new ounces, and Manhattan sits in the heart of the Walker Lane. Sources And More: SGLD Website. SGLD Presentation. The Pivot: Putting Yesterday’s Material To The Test The newest move is a second track. The company has engaged SLR International, announced September 17th, to run a sonic drilling and metallurgical program across four historic surface facilities: the heap leach pad, tailings, waste dump, and low-grade stockpile. About 35 sonic holes are planned, with head test work covering gold and silver assays, sulfur and c-ya-nide amenability. “This program is about systematically quantifying this material,” Kalyan said. The goal is a data package that toll mills within trucking distance of Manhattan would need. Management notes that historical mining ran under lower gold prices and older recovery methods. If results warrant, a second phase would deliver a resource estimate additive to current inventory. The material is not yet a resource, and no tonnage has been disclosed. Current inferred ounces, a non-current historical estimate and the company's conceptual target. Data from the September 17th release and the company website. 6 Potential Catalysts Putting (Nasdaq: SGLD) On Our Watchlist #1. A Fresh Nasdaq Listing Opens The Door To U.S. Market Watchers. Since September 1st, (SGLD) has been listed on the Nasdaq Capital Market through an ADS structure that avoided a share consolidation. #2. Back-To-Back Wide Intercepts Point To Potential Bulk Scale. Recent Goldwedge holes returned 3.38 g/t over 33.31 metres and 1.19 g/t over 99.94 metres, adding to (SGLD)'s record of long mineralized runs. #3. Already-Mined Surface Material Could Become A Potential Second Track. The SLR-designed program tests whether surface material can support organic growth, a potential alternative to equity financing for (SGLD). #4. A Neighbor To One Of Nevada's Largest Gold Mines. Manhattan lies roughly 15 kilometres south of Round Mountain, and (SGLD) holds the entire consolidated district around it. #5. Nevada Ranks At The Top For Mining Attractiveness. The Fraser Institute's 2025 survey placed Nevada at the top globally, and (SGLD) holds 100% of its flagship district there. #6. Low Float Profile Could Mean The Potential For Heightened Volatility To Exist. Yahoo Finance lists a float of roughly 15.93Mn shares for (SGLD), so the potential for heightened volatility may be significant. Closing: Why This Name Is On Our Radar Scorpio Gold Corporation (Nasdaq: SGLD) has spent 2026 turning an old camp into a modern story. Wide intercepts, a maiden resource, a Nasdaq ticker, and a fresh treasury are now in place. The next chapters look clear: pending assays, a resource update and the first sonic results from the surface program. Consider SGLD for your radar and consider reviewing its filings on SEC EDGAR before the next update lands. We’re initiating coverage on Scorpio Gold Corporation (Nasdaq: SGLD). Stay tuned for updates heading out shortly. Talk soon. Sincerely, Kai Parker StockWireNews (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.) *StockWireNews.com (“StockWireNews” or “SWN” ) is owned by SWN Media LLC, a single member limited liability company. Data is provided from third-party sources and SWN is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile SWN brings to your attention. Any emojis used do not have a specific defined meaning, and may be used inconsistently. We do not provide personalized in-vest-ment advice, are not in-vest-ment advisors, and any profiles we mention are not suitable for all in-vest-ors. Pursuant to an agreement between SWN Media LLC and TD Media LLC, SWN Media LLC has been hired for a period beginning on 09/30/2026 and ending on 10/01/2026 to publicly disseminate information about (SGLD:US) via digital communications. Under this agreement, TD Media LLC has paid SWN Media LLC seventeen thousand five hundred USD ("Funds"). These Funds were part of the twenty five thousand USD funds that TD Media LLC received from a third party named Sideways Frequency LLC who did receive the Funds directly or indirectly from the Issuer and does not own st-ock in the Issuer but the reader should assume that the clients of the third party own shares in the Issuer, which they will liquidate at or near the time you receive this communication and has the potential to hurt share prices. Neither SWN Media LLC, TD Media LLC and their member own shares of (SGLD:US). Please see important disclosure information here: https://stockwirenews.com/disclosure/sgld-9pm9a/#details

SWN Media | 4808 NW 2nd Ave Unit #388 | Boca Raton, FL 33431 US Unsubscribe | Constant Contact Data Notice