The Dollar Continuing It’s Move Down – Here Are Some Key Aspects and Markets To Watch
The US dollar has moved down 7 of the last 8 trading days but has not fully broken down out of it’s uptrend. Chris Temple joins me for a close look at what is driving this move and what is key to watch moving forward. We also look to some of the other markets and sectors that are impacted by a falling dollar. However it is important to note that a breakdown has not happened yet.
Click here to visit Chris’s site and follow along with what he is writing to members.
Extra tariffs were just placed on European goods today, which might be causing a small part of the dollar drop.
Meanwhile, the coup attempt continues, which must adversely affect dollar demand.
https://youtu.be/QXF1U6eGydM
Fed looks like it might drop interest rates further (although I’m thinking December)
https://confoundedinterestnet.files.wordpress.com/2019/10/fedbilgepump.png
The US economy is still doing better than most of the world.
UNTIL POWELL OR SOMEONE ELSE SAYS SOMETHING TO CHANGE SENTIMENT, THE FUTURES CONTRACTS INDICATE FURTHER DOLLAR DECLINE.
Contract Last change
DXY00 (Cash) 97.282-0.325
DXZ19 (Dec ’19) 96.985-0.350
DXH20 (Mar ’20) 96.575-0.340
DXM20 (Jun ’20) 96.525-0.030
A Controlled Demolition of the world ! In a internet green prison ! https://www.youtube.com/watch?v=TS1GC2kX9HY
Amazing, I applaud Tulsi Gabbard….
https://thehill.com/homenews/campaign/466524-gabbard-hits-back-at-queen-of-warmongers-clinton
Hey, it’s almost the weekend and time to look at what the unidicted crook has been up to.
Certainly coming out of shadows again:
https://www.commondreams.org/news/2019/10/18/jill-stein-challenges-hillary-clinton-debate-after-russian-asset-smear
Hopefully HRC will not go unindicted much longer….
For education and an occasional laugh…..
https://www.youtube.com/watch?v=e5rmMTS2elE
Thank you girl.
Did you see the audience? And did that make you think?
It should have and should have made you very depressed.
That’s a college for God’s sake! Yet not a person under 50 in the audience!
Where are all the young people? Out attending AOC Green Raw Deal rallies or Pokey Hauntus, Bernie Sanders or Buttjig rallies.
This is depressing as Hell.
This comment was in response to your “Thank you girl” comment.
Obviously, not the music comment!
Inasmuch as the Fed is currently outprinting money compared to the EU, even though it is not yet causing inflation, it is hardly surprising the the US dollar should be losing value.
http://investmentresearchdynamics.com/the-feds-money-printing-escalates/