Dollar Index
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Started by metmike - June 11, 2018, 11:20 a.m.

Strong Dollar......usually hurts exports

https://www.barchart.com/stocks/quotes/$DXY/technical-chart?plot=BAR&volume=0&data=MO&density=X&pricesOn=1&asPctChange=0&logscale=0&sym=$DXY&grid=1&height=500&studyheight=100

                        6 month chart below

                                               


    

                  5 year chart below      

                                               


                                           20 year chart below

           

Comments
By metmike - June 12, 2018, 11:40 a.m.
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At least the DX is lower today.

Interesting battle/cross currents going on here. A strong US Dollar often causes commodities priced in US dollars to go down.........also hurts our expots but our economy is on steroids right now and putting upward pressure on prices(inflation).