What is the Overall Trend in the Dollar Index?

Today’s US Equity Market Commentary reviews the week commencing March 19, 2017. On the Dollar Index daily chart, we can see that price action tested resistance and pulled back to the down-side. We see a lower high on the weekly chart, but have not yet confirmed a downtrend. Get a full updated on the Dollar Index and spot currency markets in today’s video!

Run time: 7:15 minutes

For more from Tamir including a big picture view of the US Dollar Index by looking at both the DX contract itself as well as US dollar major trading partners of GBP, EUR, JPY & CHF spot currencies, please visit ICE Market Commentary.

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