Moshkelgosha

Intermarket analsis:A review on my analysis published 2 days ago

Short
TVC:DXY   U.S. Dollar Index
In the analysis I published 2 days ago I mentioned that a weaker US Dollar will lead to higher prices across the board in other classes:
"Generally speaking, a weaker dollar means higher prices in the Stock market, commodities, and stronger currencies against the USD in the Forex market!"

However, we should not mistake this for a bullish market, this could be ended by the FOMC meeting next week.

The question is 75 or 100 base point rate hike?

While 75 could let the markets breathe for a while, 100 points will drag down everything..!

Best,

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.