Based on the recent #FOMC move and expectation of three more rate hikes; the USD for now is poised to stay relevant and in a steady tone for as long as no sudden changes in their #forward #guidance.
Price Action for the USD DXY would be well monitored especially nearing the end of the 2nd quarter trading and entering the third quarter. Likewise, will be keeping a close eye on #treasury #yields moving forward. Being ahead of the pack would provide us a distinct advantage to maximize and recapitalize what has been gained to build enough additional equity along with the #FED's time frame.
Price Update: As of June 20, 2018 Asia / European Session
#USD #Index - #DXY Weekly price
Open - 94.73 High - 95.29 Low - 94.61 Current - 95.17
Rhetoric and tit-for-tat measures on trade war between the #US and #China along with the rest of its trading partners would take time but eventually be ironed out. This is another one of those issues that would be taken care of in a manner of speaking in comparison with the #North #Korean rhetoric that almost drove tensions greater that disrupted global #stocks and #currencies at their worst levels during those times.
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