http://www.forexconspiracyreport.com/when-is-the-dollar-going-to-go-up/
When Is the Dollar Going to Go Up?
When is the dollar going to go up again? It had a nice run from 2011 to the end of 2015 when traders considered the prospect of higher interest rates. Then the dollar started to fall when traders realized that the U.S. Federal Reserve was not going to be overly aggressive in raising rates. The Federal Reserve Bank of St. Louis provides a graph showing the Trade Weighted U.S. Dollar Index versus a basket of major currencies.
A weighted average of the foreign exchange value of the U.S. dollar against a subset of the broad index currencies that circulate widely outside the country of issue.
Major currencies index includes the Euro Area, Canada, Japan, United Kingdom, Switzerland, Australia, and Sweden.
Markets are currently waiting to see how many times the U.S. Federal Reserve decides to raise interest rates this year. With that thought in mind, what the Fed says is important.
A Recipe for the Dollar to Go Up
Bloomberg Markets says that a Fed communication shift is the recipe for the dollar to go up against everything.
4. http://www.forexconspiracyreport.com/when-is-the-dollar-going-to-go-up/
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