How to track the US dollar's direction?

Od konhow
Wizard
A lowering of U.S. interest rates may be necessary, but the downside risk is a weaker USD. And a significantly weaker dollar may cause inflation to creep back up again.

Today, I will share a little hack on how to track and preempt the U.S. dollar’s direction.

To conclude:
Long-term - Down
Mid-term - Range to a breaking point

Currencies Futures and Options
Minimum fluctuation:
0.00005 per AUD increment = $5.00
0.00005 per CAD increment = $5.00
0.00005 CHF increment = $6.25
0.000050 per Euro increment = $6.25
0.0001 per GBP increments = $6.25
0.0000005 per JPY increment = $6.25

Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.

CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
6jaudBeyond Technical AnalysisCADchfCurrenciesEURFundamental AnalysisGBPjpyTrend AnalysisUSD
konhow
Wizard
konhow@weipedia.com

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