Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

US Dollar Index (DXY)

NYSE
Currency in USD
Disclaimer
105.56
-0.30(-0.28%)
Delayed Data

US Dollar Index Discussions

Buy
pce inflation numbers in the morning.
what is expectation???? inflation rise or down ????
was expecting down, was down but neutral to expectations. Was hoping for down further but still okay. Based on oil and fuel dropping I would expect next month to be lower weighing on dxy.
Worst inflation data kill dollar and dxy hits below 100
So the Fed has no plan for inflation and wants to solve debt levels by destroying the dollar’s value? The costs of living will destroy countries before those debts can be made whole. The entire concept is a lie.
Yea good, let it die and RIP. Lolzzz ;p
what will happen after that gap formed?
What is the reason cam anybody please explain
inflation dropping and therefore fed can stop raising rates.
Not yet. Wait
inflation data tomorrow
Test 98.56
what's next, 101 on Wednesday?
could be a nice drop this week with inflation data.
Keep 158
it goes 99
doolar gooo up
158 for sure
testing falling wedge
if it recovers.. $115
Rubbing Hands you may need some sleeping pills come December. See you @ 120+ by February
tech trends, you told me to go to bed. I'm gonna nap for a while, but please wake me at $99. Good luck on your trades but I advise you to quit telling people to buy.
You take a nap and I'll continue to share the math
Keep buying the dips 104.5 - 103.1
Gonna retest 102.50
you were right what next ?
For Hands and the peanut gallery, DXY is generally bullish as we head into deflationary environments. Those who understand this know, that oil on the contrary is generally bearish. Over short periods of time the USD/oil correlation may exist however during transition phases.
peanut gallery and I are going to keep away from dxy as it falls back to 99. I advise people not to follow this guy when he says buy. He has been wrong and continues to try and lead others into a bad trade.
Chart and compare the USD/SPX. The relationship is inversely correlated. Now chart the VIX...
less charts and more common sense please
Yield curve will normalize eventually, either the FED will cut rates or long-term rates will rise above the Federal Funds rate. pick your poison
yes. make long term 10 yrs rate hike to 7% up.
 and raise rates because Mexican peso is getting too strong.
hope none of you were listening to tech trends saying buy. common sense says this goes down if the feds don't raise rates. common sense says inflation will be coming down as oil and fuel cost have fallen off a cliff. he must be some kind of scammer because anyone is smart enough to figure that out. I barely know anything and could figure that out.
Bullish trend and at the low end of the range. Learn the calculus.
Powell needs to be put in prison. The dollar’s value fell by more than the Fed’s YOY inflation target in the last month alone. USSR collapse vibes.
I was reflecting on the 2008 recession when dxy hit 70 lol
TECHNICALLY, DXY COULD SELL TO 102.550.
gaps need to be filled
Buy
We are currently in what will be a short lived reflation period, before we head into deflation. Gold and DXY will rally into Q1 2024.
okay, then why not sell untill q1?
Because I'm playing the range. DXY remains bullish trend and is bouncing along the low end of its range
...
...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.