SOURENAALIZADEH

Dollar Index on 1D Chart (Aug, 18th)

Long
TVC:DXY   U.S. Dollar Index
"The US dollar index extended its upward momentum to, close to levels not seen since the end of March benefiting from a safe-haven bid on fears that a surge in infections of the Delta variant could derail the global recovery and a batch of mixed economic data.
Retail sales in the US declined more than forecast in July, with the core index also posting an unexpected drop while industrial production rose for a fifth consecutive month.
Also, US homebuilder confidence sank to over a one-year low as home prices surge.
Meanwhile, investors await more clarity from the Fed on the tapering timeline with FOMC minutes due on Wednesday."

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