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The Dollar Continuing It’s Move Down – Here Are Some Key Aspects and Markets To Watch

Cory
October 18, 2019

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.

Discussion
13 Comments
    CFS
    Oct 18, 2019 18:27 PM

    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/

    CFS
    Oct 18, 2019 18:35 PM

    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

    CFS
    Oct 18, 2019 18:42 PM

    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.

    CFS
    Oct 18, 2019 18:57 PM

    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

    Oct 18, 2019 18:35 PM

    A Controlled Demolition of the world ! In a internet green prison ! https://www.youtube.com/watch?v=TS1GC2kX9HY

    CFS
    Oct 18, 2019 18:57 PM

    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

    CFS
    Oct 18, 2019 18:00 PM

    Hopefully HRC will not go unindicted much longer….

    https://apnews.com/14b14afc5d8647858489a2cf5385c28d

    CFS
    Oct 18, 2019 18:17 PM

    For education and an occasional laugh…..

    https://www.youtube.com/watch?v=e5rmMTS2elE
    Thank you girl.

    CFS
    Oct 18, 2019 18:20 PM
      Oct 18, 2019 18:53 PM

      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.

        Oct 18, 2019 18:54 PM

        This comment was in response to your “Thank you girl” comment.

        Obviously, not the music comment!