Any thoughts on the US dollar and it's impact moving forward?
I haven't crunched any numbers myself, but am still watching the dollar a fair bit.
Noticed on Friday there was some upbeat CPI numbers which led to more analysts thinking there will be more increases coming this year.
Personally I see them up debt creek without a paddle and with many other countries going negative rates, well, it makes me wonder just how badly Yellen wants a strong dollar.
Now, having a look this morning, I just noticed an interesting chart pattern that I hadn't seen before
It's a tweezer bottom, and it's textbook according to the guy who taught it to me.
same close and opening price, same low for the day ($1.42)
- you could nearly look at it as a double bottom.
Another plus for the possibility of a jump up from here.
![]()
Any thoughts on the US dollar and it's impact moving forward? I...
Add to My Watchlist
What is My Watchlist?