One Last Push For US Dollar

The strong rally in the USD dollar is not done. This won’t be good news for USA exporters,  taking revenue away.

Looks like the DXY/UUP will have one last push higher. After all ECB, PBOC and BOJ are all talking easing in their zones while the US FED talks interest rate hikes in Dec 2015.

Close up chart..

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DXY 1

Longer term chart
 

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DXY 2

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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