Don’t Rule Out A Run In The USD
With markets down across the board the only decent green I am seeing on my screen is the USD. Chris Temple and I briefly discussed the dollar yesterday but spend more time focusing on it today. We look at the technical levels to watch as well as how the central bank actions around the world might finally impact the currency.
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The dollar does look like it will rally for awhile:
Dollar etf UUP daily:
http://schrts.co/P1YFU5
UUP weekly:
http://schrts.co/V6yLNr
When that rally is done, the dollar will go much lower.
$USD monthly:
http://schrts.co/RtC6kE
The dems have spun into a demention of stupid that is hilarious. This case will open discovery and public awareness of all their crimes.
Just out right idiots! (Can’t make this up)
They do love drama!
I guess this is what it’s supposed to look like when you get a president that upholds the constitution and rule of law. The dems and RINOs are in complete self destruct mode.
Trump exposes everyone.
Chartster is right! Chris is right too. Good call
A run “in” the dollar? The PMs certainly dont want that. Bloody hell, silver is $5 off its bear market high. Lets hope a significant dollar rally is not in the works.
No way. Dollar is heading south unless the crude oil markets head south.
Rally from oversold conditions…maybe…but my greater fear is a Run on the dollar….not a Run in the dollar.
Only chance your scenario occurs if markets head south and hard….but gold will not participate to the downside. Gold will head higher.