moderngatsby

FOMC & Interest Rate Prediction

Long
TVC:DXY   U.S. Dollar Index
I believe the Federal Reserve will raise interest rates for the US Dollar. Perhaps they won't change it at all. Ever since 2008, the Federal reserve have been rising interest rates, giving the US Dollar strength. Here I have my long term and short term analysis.
As you can see, the US Dollar has been in a rising channel and will follow it. In the short term, we experienced a minor pull back so that the US Dollar could rise and take it all back.
Like a wise man told me, never bet against dollar.
If you learned something or if I made you money, follow me !

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