Alternative strategies for the US Dollar are planned well to access types of Financial Instruments available for an investor to achieve a true growth on investment portfolio; which can only come from due diligence and having the right perspective suitable to certain market conditions. Learn to adapt!.
DXY comparison with UUP Power Shares DB
USD counterpart: UUP - Power Shares Dollar Bull ETF in lieu of USDX Futures
The DXY exceeded far beyond our extension @96.25 and have reached @97.75 basis point since the Non-Farm Payroll and Unemployment figures came through with flying colors providing the necessary push for the USD to move higher(USD counterpart: UUP - Power Shares Dollar Bull ETF in lieu of USDX Futures).
A relative follow through is expected in the coming week especially in the Asian trading session. While investors sentiments may shift towards early settlement for stocks as a triple digit decline on profit-taking materializes. This may likewise be due to the early rate hike expectations that most analyst have been monitoring the tone of the Federal Reserve from the Jobs data.
No comments:
Post a Comment