CCY Corner – US Dollar Index (DXY) Sequence ll

Validating a technically motivated signal & Market Call Dated 6th of May and Confirmed by a fundamentally driven market report as of May 18, 2015. Market Timing is always crucial for anticipating a market mover with manageable risk that is well defined for both entry and exit strategies.

A double whammy has hit the market with the US Dollar recovering first from the declining Euro at the start of the week’s trading week due to the renewed concern over Greece. This issue has always been on the back-burner until such time a resolution can be cleared.

The secondary catalyst for the US Dollar’s current surge came from the positive US construction pace since 2007. Although other analyst have been crunching the numbers in question and seemed to be unconvinced. When such positive sentiments combines with jobs growth then investors would react with increase vigor that may even push the overall markets to the next level.

CCY Corner – US Dollar Index (DXY) Sequence ll