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US Dollar: a Short-Term Breakout vs the Longer-Term Perspective

May 20, 2019

The attempted upside breakout by the US dollar index has the potential to change the path of markets this year, so in this article, we take a longer-term perspective on the US Dollar Index (DXY).   The chart in focus for this article can be pointed to by both bulls and bears to state their case; the bulls would say this is a repeat of the 1998 correction-and-continuation, and bears would say ‘it’s different this time’.  In either case, it’s worth putting the short-term action into context of the longer-term picture.   Read more...







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