TVC:DXY   U.S. Dollar Currency Index
118 4 15
The Dollar Index             reached its highest level in 13 years but the dollar's dream-run met resistance on Friday after making an unexpected push higher that took USD/JPY             within 10 pips of 114. The latest pullback/consolidation has many investors wondering if its time to sell dollars. While there is no question that the dollar is getting ahead of reality and as tempting as it may be to pick a top, the latest pullback is small, which means the better trade should be buying the dollar’s dips until Fed Chair Janet Yellen tells us otherwise.
nice bounce in the zone
Very useful information. Thank you very much.
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