US Dollar under Pressure, but Key Factor Could Finally Bring Relief

DailyFX

Video Summary:

- US Dollar under pressure, relief not seen until key cyclical turn window

- Extremely low forex and S&P 500 volatility prices warn of Dollar weakness

- S&P futures have yet to eclipse the record high set this month – was that the top?

The US Dollar remains under pressure as extremely low forex and stock market volatility hurts demand. What suggests the coming week brings relief?

Read more on the critical turn cycle for the Dow Jones FXCM Dollar Index heading into next week.

Sign up for further US Dollar and other currency updates via this author’s e-mail distribution list.

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com David specializes in automated trading strategies. Find out more about our automated sentiment-based strategies on DailyFX PLUS.

Contact and follow David via Twitter: https://twitter.com/DRodriguezFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

Rates

View Comments (0)