Dollar index: Short term bullish scenarios
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The trend in the USD is down - and normally its a good idea to follow the tend
BUT....
Europe second wave - euro negative
US cases coming down (possibly because of less testing)
US election
US Treasury auction supply - 20 year bonds next week
New Zealand example of other central banks easing first
Haven flows without stimulus deal, US China relations (talks start again tomorrow)
BUT....
Europe second wave - euro negative
US cases coming down (possibly because of less testing)
US election
US Treasury auction supply - 20 year bonds next week
New Zealand example of other central banks easing first
Haven flows without stimulus deal, US China relations (talks start again tomorrow)
Note
So far so good on scenario 2
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Market Analyst at WeTrade
wetradebroker.com/education/analysis/jasper/
Contributor to SpreadEx
spreadex.com/financials/news-analysis/weekly-technical-analysis/
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