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USD Strength Is The Story Of The Week
The story of the week is the strength in the US Dollar. This move is definitely very meaningful and carries behind the type of real-money commitment that has finally allowed some huge technical milestones. The equally-weighted USD index has transitioned into bullish reads in the daily chart both structurally and momentum wise. What this means is that the currency should now be seen through the lenses of an overall bullish trend until this outlook negates. The Japanese Yen, while unable to level up the performance by the US Dollar in the last 48h, is nonetheless the other currency that definitely stands out as the ... (full story)