JohnKicklighter
Long

What's Eating the Dollar

FX:USDOLLAR   Dollar Index
161 2 8
Fed forecasts have cooled significantly over the past weeks with a particularly acute shift to 'certainty' among the doves after the September NFP report. However, if a delayed rate hike is the root of the Dollar's recent troubles, the bearish motivation may soon ease up. Rate forecasts through the end of the year are nearly deflated. Risk aversion as a motivator will also lose its positive correlation to USDollar             performance if that is the case - as the Dollar was suffering from its lost rate potential
So what is the dollar going to do?
Reply
treksis
a year ago
Agree. If traders find out that September meeting wasn't as challenging as what officials have been talking about in recent weeks, We will definitely see some sell-off if that's the case.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out