CCY Corner: #USD Still Key Driving Force in Market Volatility

US DOLLAR INDEX - DXY

With the most recent developments surrounding market price action in the CCY market, the prevailing catalyst over and above significant event risk has been the remarkable price movement of the USD as measured by the US Dollar Index - DXY marking a new low @91.90 on just the first week of trading for May 2016.

The relative market influence on increasing 'Volatility" have spread extremely well as turning points on price reversal, including follow through actions among certain currency pairs that have contributed a wider trading range, price target extensions / expansion from a technical chart perspective.

CCY Corner: #USD Still Key Driving Force in Market Volatility