Intraday Market Thoughts

US Dollar Index: Where to & How?

by Ashraf Laidi
May 16, 2013 17:30

Recent rallies in Non-USD currencies resulting from poor US data have not lasted long. And those rallies resulting from strong US figures via the indirect effect of rallying equities (risk-on) have not lasted either. Broadening pro-USD sentiment may stay for longer than we had thought. Full Analysis & Charts

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US Dollar Index: Where to & How? - Usdx May 16 (Chart 1)

 
 

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