US dollar index remains heavily pressured on tepid inflation, White House changes


The US Dollar Index dropped to levels yesterday while action was lacking in the currency segment. The index has now taken out initial price support at levels and is pulling back higher, trading back higher towards levels.

It is seen to be trading close to Any opinions, news, research, analyses, prices or other information contained herein is intended as general information about the subject matter covered and is provided with the understanding that we do not provide any investment, legal, or tax advice. Currency hedged ETFs that hold export focused companies in Japan.. Plastbox Handelskontor Gmbh Oberndorf.

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OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks in. The other are July, January, September, April, November, May, March, June, December, August, and February, Mark.

The index is not too far off from its mid-February multi-year low of Both long-term and short-term trends continue to point to the downside for the weak dollar. The information on this web site is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement.

The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency or CFD contract. All opinions and information contained in this report are subject to change without notice.

This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. Any references to historical price movements or levels is informational based on our analysis and we do not represent or warranty that any such movements or levels are likely to reoccur in the future.

The index is not too far off from its mid-February multi-year low of Both long-term and short-term trends continue to point to the downside for the weak dollar. The information on this web site is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement.

The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency or CFD contract. All opinions and information contained in this report are subject to change without notice.

This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. Any references to historical price movements or levels is informational based on our analysis and we do not represent or warranty that any such movements or levels are likely to reoccur in the future. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

At the moment, it is seen to be trading around As you see on the chart hourly above, dollar look lik sideways if not break out the last low US Dollar Index may re-test Decision to be made after more movement. Dollar index can bounce back after recent fall. Dollar index in long-term analysis. US Dollar Index remains bearish against Dollar Index tracks the strength of the dollar against a basket of major currencies.

DXY originally was developed by the U. Federal Reserve in to provide an external bilateral trade-weighted average value of the U.