How Long Will Dollar Dominance Last?

by AFS Archer Financial Svcs | Jul 25, 2018
By Blake Robben
To learn more about Blake, click here

The U.S. Dollar Index has rallied 9% from yearly lows. There is a lot of news driving this market, including prospects of another fed funds rate hike in September, which would be the eighth increase since December 2015.  I prefer not to get caught-up in opinions, but rather focus on key technical levels to make my trading decisions. 

Let’s look at the current set-up.   Good day and Trade Well My Friends!

September 18 U.S. Dollar Index Futures - Daily

US Dollar Index Futures Daily Chart

Chart provided by QST

My many years of trading futures markets does make a difference. Feel free to call 312.242.7990 or email me at blake.robben@archerfinancials.com if you have any questions or would like to open an account with me go to Open An Account. It is fast, saves on postage and it’s green.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The risk of loss in trading futures and options can be substantial. Past results are not indicative of future results or performance. The views and opinions expressed in this letter are those of the author and do not reflect the views of ADM Investor Services, Inc. or its staff. Research analyst does not currently maintain positions in the commodities specified within this report. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.