TVC:DXY US DOLLAR CURRENCY INDEX
today, the gross domestic product annualized (Q2) will begin to point the way... if the results are much more better than expected, the FED will increase the interest rates much earlier as expected. And maybe higher as expected. u know? If not, the FED will do it in December. The higher the Dollar, the Lower is price for commodities. Does this make sense?
Thank you for your sharing! I think another leg down could be as low as 92.7 and a long until a new president is set. If we get Clinton the 10 months SMA about 96.30 will not be exceeded but if we get Trump we will see 100 plus. I'm thinking about in Oct. renminbi will strike again before a new one like Trump will forbidden the devaluation. Something have to be done before Trump or it'll be changed.
close today!!! for all close positive. DXY was rejected @97