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TheBanker
Mar 5, 2017 5:49 PM

dxy gates to 99 are open (not for long!) Short

U.S. Dollar Currency IndexTVC

Description

as seen in previous dxy chart, irrespective of the huge fed repricing the USD finished the week lower - not a word from the fed this week so expect a potential for a hike in europe, market is pricing in first hike in almost 3 years

Comment

and we'll take that!
Comments
ChimbOt
Well target for h/s is the top of head to nexk which is $5...
ChimbOt
Conflicts with ur gold chart ehh?
TheBanker
@ChimbOt, this is only short term
pmcllc
so short lived Euro rally?
TheBanker
@pmcllc, yup
UnknownUnicorn645732
Agree -looks like u and arpi are talking to each other eh ?? :) Much as i hate the thought of going long euro - that US 10's at 2.50% is looking hella nasty .
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