BlueberryMarkets

VIDEO ANALYSIS: USD THE BIG MOVER THIS WEEK

Short
TVC:DXY   U.S. Dollar Index
The USD is likely to be the big mover this week as we see the release of the latest
FOMC meeting minutes as well as the news stories appearing from the Jackson Hole
Symposium. These events will likely drive the USD this week and we may see some dovish
tones out of the fed in order to dampen down recession risks. If the price remains below
the current resistance we could look for the USD reversal.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.