Saturday, 27 October 2018

Dollar Advancing to 16-Month Highs Depends on Its Preferred Correlation

The DXY Dollar Index has distorted the path of a bearish reversal pattern. However, decision between a continued climb to 16-month highs or retreat to range depends on whether it takes cues from VIX or Fed Funds futures.


from DailyFX - Feeds all https://ift.tt/2D7qlIl
via IFTTT
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...